Economic news and events


UK’s Reynolds worried about US tariff war that would hit public

UK Business Secretary Jonathan Reynolds has said he is worried about a potential trade war after Donald Trump returns to the White House and stressed...

Thu, 16/01/2025 - 10:35


UK economy returns to below-consensus growth of 0.1% in November

The UK economy grew in November, but by less than expected, data from the Office for National Statistics showed on Thursday.

Gross domestic product edged up...

Thu, 16/01/2025 - 07:19


People’s Pension to invest up to £4 billion in private market assets

The People’s Pension has revealed plans to step into private market investment in the months ahead.

The body is one of the biggest independent master trusts...

Thu, 16/01/2025 - 06:54


UK house sales, prices and buyer inquiries increased in December

Housing market activity in the UK picked up as 2024 ended and expectations for the year ahead are ‘solidly positive,’ surveyors have reported.

A net balance...

Thu, 16/01/2025 - 06:52


UK PM Keir Starmer travels to Ukraine to sign partnership deal

Vladimir Putin’s invasion of Ukraine has been a ‘monumental strategic failure’, Keir Starmer said as he travelled to the country to sign a new long-term...

Thu, 16/01/2025 - 06:47


BoE’s Alan Taylor makes case for multiple rate cuts to support economy

Bank of England rate-setter Alan Taylor on Wednesday said UK interest rates may need to be cut five or six times this year to prevent...

Wed, 15/01/2025 - 20:28


Starmer welcomes ’overdue’ Gaza ceasefire, mourns Britons lost

Keir Starmer has welcomed the Gaza ceasefire and hostage deal as ‘long-overdue news’ and paid tribute to ‘the British people who were murdered by Hamas.

The...

Wed, 15/01/2025 - 19:40


New centre-right three-way coalition set for government in Ireland

Talks to form Ireland’s new government have concluded, party representatives said Wednesday, with a three-way coalition set to be unveiled next week.

Two incumbent centre-right parties...

Wed, 15/01/2025 - 11:55


UK troops touch down in Japan as defence ministers talk fighter jets

UK troops have touched down in Japan, as the two countries’ senior defence officials meet for talks to strengthen their alliance.

Some 100 UK soldiers have...

Wed, 15/01/2025 - 11:23


UPDATE: UK is ‘mid-negotiation’ with Mauritius on Chagos Islands deal

The UK is ‘mid-negotiation’ on a revised deal to hand back the Chagos Islands, a minister has said.

Reports had suggested that Mauritian Prime Minister Navin...

Wed, 15/01/2025 - 11:21


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