Economic news and events


CBI head says Labour has ‘bruised’ trust of businesses after budget

The UK chancellor has ‘bruised’ business confidence by expecting companies to help fill the hole in public finances, the chair of the Confederation of British...

Mon, 13/01/2025 - 11:53


UK rate gap between 2- and 5-year fixed mortgages narrowest since 2023

The rate gap between the average two and five-year fixed-rate mortgage in the UK has shrunk to its narrowest level in two years, according to...

Mon, 13/01/2025 - 11:12


UK and Mauritius say ‘good progress’ made in Chagos Islands talks

The UK and Mauritius said they have made ‘good progress’ in talks to save the Chagos Islands deal.

Keir Starmer’s government is considering frontloading payments to...

Mon, 13/01/2025 - 10:17


Business chiefs’ pessimism adds to pressure on UK’s Rachel Reeves

UK Chancellor Rachel Reeves starts the week facing further pressure after a gloomy warning from some of Britain’s top executives.

A survey of UK chief financial...

Mon, 13/01/2025 - 09:58


UK Chancellor Rachel Reeves facing tough questions over fiscal rules

The pound has remained under pressure amid an intensifying sell-off in government bonds as UK Chancellor Rachel Reeves faces mounting questions over her fiscal rules.

Sterling...

Mon, 13/01/2025 - 09:45


Ireland construction work grows in December after months of stagnation

Ireland’s construction activity increased in December for the first time in eight months, purchasing managers’ index survey results from S&P Global showed on Monday, with...

Mon, 13/01/2025 - 07:20


UK PM Keir Starmer throws weight of Whitehall behind AI technology

Keir Starmer will throw the weight of Whitehall fully behind AI in a bid to boost growth.

The prime minister is set to unveil his Government’s...

Mon, 13/01/2025 - 06:40


UK chancellor vows action to meet fiscal rules as borrowing costs rise

Rachel Reeves has said she will ‘take action’ to meet her fiscal rules following turbulence on the gilt markets in the UK.

Increases in the government’s...

Sun, 12/01/2025 - 10:28


UK must ‘engage confidently with China’ on trade - Chancellor Reeves

The UK ‘must engage confidently with China’ in trade, Rachel Reeves has suggested, as she arrived in Beijing amid market turbulence at home.

The chancellor has...

Sat, 11/01/2025 - 09:18


UK Chancellor Reeves says fiscal rules ‘non-negotiable’

Rachel Reeves vowed to stand by her ‘non-negotiable’ fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets.

Visiting bicycle-maker...

Sat, 11/01/2025 - 09:16


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