Economic news and events


UK scrambles jets to monitor Russian military plane over North Sea

UK jets were scrambled to monitor a Russian reconnaissance aircraft flying close to UK airspace, the defence minister in London said on Friday.

Two Typhoons from...

Fri, 15/11/2024 - 10:35


CORRECT: UK GDP edges higher in quarter as construction output rises

(Clarifies that the quarterly GDP decline underperformed against the consensus.)

UK gross domestic product is estimated to have increased in the latest quarter but edged down...

Fri, 15/11/2024 - 08:14


TOP NEWS: UK GDP edges higher in quarter as construction output rises

UK gross domestic product is estimated to have increased in the latest quarter but edged down for September, data from the Office for National Statistics...

Fri, 15/11/2024 - 07:30


TOP NEWS: BoE chief says UK must ‘rebuild relations’ following Brexit

The governor of the Bank of England said the UK must ‘welcome opportunities to rebuild relations’ following Brexit, as he backed the chancellor’s plans to...

Fri, 15/11/2024 - 05:58


TOP NEWS: UK unveils financial reforms in effort to drive growth

The Labour government plans reforms to its financial sector in a bid to grow its economy, including an announcement Thursday that will allow greater risk-taking.

Finance...

Thu, 14/11/2024 - 19:09


England council tax eyed to raise additional £1.8 billion next year

Council tax rises in England will help ensure local authorities are funded next year, a minister has said as he rejected Tory claims of a...

Thu, 14/11/2024 - 14:20


UK government to ban new coal mining schemes as turns to clean energy

New coal mining schemes will be banned in the UK, the government has said.

Ministers have confirmed that legislation will be introduced to restrict the future...

Thu, 14/11/2024 - 14:08


UK condemns Israel’s Smotrich over West Bank annexation comments

The UK has condemned Israeli government minister Bezalel Smotrich for suggesting annexation of the West Bank.

The finance minister, a hard-line settler leader, said he hoped...

Thu, 14/11/2024 - 11:05


UK pension ‘megafunds’ to be created to boost investment and growth

UK pension ‘megafunds’ are set to be created to help unlock billions of pounds of investment in businesses and infrastructure.

Rachel Reeves will use her first...

Thu, 14/11/2024 - 05:59


‘Optimism’ amid UK house builders as new home registrations up on-year

New home registrations jumped by 40% in the third quarter of this year compared with the same period a year earlier, according to an industry...

Wed, 13/11/2024 - 11:06


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