Economic news and events


Over 100 AI trials to boost small-business productivity launched in UK

Some 120 projects in the UK trialling how artificial intelligence could help small businesses be more productive have been launched by the government in its...

Tue, 14/01/2025 - 08:24


Rachel Reeves back at UK Cabinet meeting amid market turmoil

Rachel Reeves is expected at Downing Street for a Cabinet meeting on Tuesday as she continues to face pressure amid market turmoil.

It comes after Keir...

Tue, 14/01/2025 - 08:00


EU, UK, Nato leaders to hold Feb 3 defence talks

EU leaders will gather in Belgium on February 3 for an exceptional defence ‘retreat’ involving Britain’s prime minister and Nato’s secretary general, two weeks after...

Mon, 13/01/2025 - 16:21


UK pension schemes in ‘robust position’ to deal with market movements

Pension schemes in the UK are in a ‘robust position’ to deal with market fluctuations, an industry body has said.

The pound fell to a fresh...

Mon, 13/01/2025 - 14:22


Pressure mounts on Reeves as PM refuses to guarantee future of her job

Rachel Reeves is under intense pressure after Keir Starmer refused to guarantee her long-term future in No 11 as the value of the pound fell...

Mon, 13/01/2025 - 13:25


McFadden insists has full confidence in under-pressure minister Siddiq

Under-fire UK Treasury minister Tulip Siddiq has been backed by one of Keir Starmer’s most senior allies after she referred herself to the prime minister’s...

Mon, 13/01/2025 - 12:03


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


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