Economic news and events

UK Chancellor Rachel Reeves needs to be ‘bold’ when she delivers her budget or face ‘groundhog day’ with more cuts or tax rises next year,...

Electricity prices are on track to jump by a fifth over the next four or five years, according to the UK’s biggest energy supplier.

Octopus Energy’s...

Senior bankers will be able to cash in bonuses quicker this year due to new rules that regulators say will make the UK a more...

Ireland’s trade surplus fell a notch in August amid a significantly lower surplus with the US, data published by the Central Statistics Office showed Wednesday.

The...

UK Chancellor Rachel Reeves acknowledged she was looking at potential tax rises and spending cuts to fill a black hole in her budget, which she...

The leading trade association for the UK’s offshore energy industry has said the situation in the industry has ‘deteriorated further’ as it called on the...

There is a ‘rising’ risk that the UK economy could see a ‘more forceful downturn’ due to higher borrowing costs, a policymaker at the Bank...

UK inflation is set to surge to the highest in the G7 in 2025 and 2026, according to the International Monetary Fund, IMF.

In its latest...

UK grocery price inflation has accelerated in recent weeks, numbers on Tuesday showed, prompting consumers to hunt for value as spending on promotions spiked to...

The UK unemployment rate unexpectedly rose in the three months to August, numbers on Tuesday showed, though total earnings growth was higher than predicted.

According...