Economic news and events


UK to receive new cyber attack severity rating system

A new monitoring centre is to begin rating the severity of cyber events – including cyber attacks – in the UK as they happen, as...

Thu, 06/02/2025 - 10:33


UK construction economy slips into decline as new work falls

The UK construction sector slipped into decline at the start of the year, snapping a 10-month growth stretch as economic uncertainty weighed, a survey on...

Thu, 06/02/2025 - 09:38


UK firms raising prices ahead of trade tariff hikes, report finds

Nearly one in four UK businesses are hiking prices in response to the threat of tariff hikes as fears grow over a global trade war...

Thu, 06/02/2025 - 06:57


EU’s Sefcovic and UK’s Thomas-Symonds have talks on closer ties

The UK and EU have discussed ‘concrete ways’ to improve ties as part of Keir Starmer’s drive to ‘reset’ relations with Brussels.

Cabinet Office minister Nick...

Wed, 05/02/2025 - 09:53


UK government denies Chagos Islands deal could cost £18 billion

The UK has denied the cost of handing over the Chagos Islands could rise to £18 billion and disputed claims made by the Mauritian Prime...

Wed, 05/02/2025 - 08:57


Not realistic or right for UK to distance from China, says CBI boss

It is not realistic or right for UK firms to distance themselves from China amid a need for stronger global trade, according to the head...

Wed, 05/02/2025 - 07:02


Foreign secretary in Ukraine as UK announces £55 million package

UK Foreign Secretary David Lammy has announced a £55 million package of support aimed at bolstering Ukraine’s resilience, during a visit to Kyiv amid uncertainty...

Wed, 05/02/2025 - 07:01


UK to adopt ‘ruthlessly pragmatic’ approach in EU reset talks

Improving the UK-EU trade deal could kick-start ailing economies across the Continent, Cabinet Office minister Nick Thomas-Symonds has said.

Thomas-Symonds, the minister responsible for leading Prime...

Tue, 04/02/2025 - 14:07


UK PM Starmer to host Danish counterpart for dinner in Downing Street

Keir Starmer will host his Danish counterpart for a working dinner in Downing Street on Tuesday evening.

The UK prime minister and Denmark’s premier Mette Frederiksen...

Tue, 04/02/2025 - 06:33


UK’s Anneliese Dodds hails City efforts to tackle climate crisis

UK Development minister Anneliese Dodds has hailed efforts from UK investors to boost growth and address the climate crisis in the Global South.

Speaking at the...

Mon, 03/02/2025 - 13:56


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