Economic news and events

UK ‘in lockstep’ with global allies calling for Israeli restraint

The UK is working ‘in lockstep’ with international allies on calls for Israel to exercise ‘restraint’, a Cabinet minister has said.

Science & Technology Secretary Peter...

Mon, 07/10/2024 - 05:46

UK PM Starmer shuffles team after Sue Gray quits as chief of staff

UK Prime Minister Keir Starmer has reshuffled his Number 10 team after Sue Gray quit as chief of staff on Sunday, citing concerns that questions...

Mon, 07/10/2024 - 05:45

Irish government ‘has important work to finish’ before an election

The Irish government has important work to complete before a general election will be called, the Tanaiste Micheal Martin has said.

There has been speculation that...

Sun, 06/10/2024 - 09:42

Interest rates should not be cut ’too far or too fast’ - BoE’s Pill

The Bank of England should be cautious about cutting interest rates ‘too far or too fast’, the central bank’s chief economist has warned.

Huw Pill has...

Fri, 04/10/2024 - 10:02

TOP NEWS: UK builders boosted by new projects, lower borrowing costs

The UK construction sector saw its fastest rate of growth in over two years in September, according to survey data on Friday.

The S&P Global UK...

Fri, 04/10/2024 - 09:51

UK private demand for new diesel cars growing faster than for EVs

Private demand for new diesel cars in the UK is growing faster than for pure battery electrics, preliminary figures show.

The Society of Motor Manufacturers &...

Fri, 04/10/2024 - 09:38

UK government pledges £22 billion for carbon capture projects

The government has pledged nearly £22 billion funding to develop projects to capture and store carbon emissions in northern England, and has already approved a...

Fri, 04/10/2024 - 08:07

EXTRA: Sterling drops as Bailey hints at ‘more aggressive’ rate cuts

Sterling fell on Thursday after the Bank of England Governor Andrew Bailey suggested the central bank could become ‘more activist’ in cutting interest rates.

In...

Thu, 03/10/2024 - 14:26

UK to give up Chagos Islands sovereignty in agreement with Mauritius

Britain is giving up sovereignty of a remote group of islands in return for securing the long-term future of a strategically important military base.

The UK...

Thu, 03/10/2024 - 12:11

UK, Irish foreign ministers to discuss escalating Middle East conflict

The Irish and British foreign ministers are expected to discuss the escalating conflict in the Middle East during their meeting in Dublin later on Thursday.

The...

Thu, 03/10/2024 - 11:27

Pages