Economic news and events


UK business secretary leaves door open to joining European trade area

The UK business secretary has left the door open to joining a tariff-free trading scheme with Europe following a meeting with the EU trade commissioner...

Fri, 24/01/2025 - 08:02


Reeves to soften non-dom reforms in UK after listening to concerns

UK Chancellor Rachel Reeves has said she plans to soften the proposed tax regime on non-doms after listening to their concerns.

Downing Street said the move...

Fri, 24/01/2025 - 07:51


PRESS: UK approaches potential administrators for Thames Water - FT

The UK government has approached consultancies about taking the role of special administrator in a sign that ministers are bracing themselves for the imminent renationalisation...

Thu, 23/01/2025 - 21:50


Micheal Martin nominated as Ireland’s next taoiseach

Micheal Martin has received the backing of the Irish parliament to be nominated as the country’s next premier.

Parliamentarians voted 95 to 76 in support of...

Thu, 23/01/2025 - 14:05


UPDATE: UK minister rules out UK joining pan-Europe trade agreement

A UK minister has ruled out the UK joining a pan-European agreement to bolster post-Brexit trade.

Matthew Pennycook said the government was ‘not seeking’ to participate...

Thu, 23/01/2025 - 10:26


UK MPs launch inquiry into reform of jobcentres to boost employment

MPs have launched a new inquiry into how jobcentres can be reformed.

The cross-party Work & Pensions Committee will also study plans to merge the National...

Thu, 23/01/2025 - 10:21


Consumer’s catch the January blues as confidence deteriorates

Consumer confidence dropped in January, as expectations around the health of the economy deteriorated, a report on Thursday showed.

According to BRC-Opinium data, consumer expectations over...

Thu, 23/01/2025 - 06:29


PM vows to curb ’Nimby’ court battles over major projects

Opponents of major infrastructure projects will have fewer chances to ‘frustrate growth’ through repeated legal challenges, the UK prime minister has said.

Keir Starmer said he...

Thu, 23/01/2025 - 06:24


Ofgem demands new powers to recoup cash when energy firms collapse

The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go bust.

Jonathan Brearley...

Wed, 22/01/2025 - 19:10


IAG warns it would not back Heathrow expansion without fees overhaul

British Airways’ parent company has warned it would not support Heathrow expansion without an overhaul of how passenger fees are set.

International Consolidated Airlines Group SA...

Wed, 22/01/2025 - 19:08


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