Economic news and events

Bank of Japan maintains key interest rate, yen falls

The Bank of Japan left borrowing costs unchanged on Thursday - although some analysts expect a rate hike in January - which extended a retreat...

Thu, 19/12/2024 - 06:10

Mauritius PM rejects Keir Starmer’s draft Chagos sovereignty deal

UK Prime Minister Keir Starmer’s deal to give up sovereignty over the Chagos Islands is in trouble after the new prime minister of Mauritius rejected...

Wed, 18/12/2024 - 16:45

English councils get £700 million funding boost under settlement

Funding for councils next year will be boosted by more than £700 million for social care and the cost of changes to national insurance, the...

Wed, 18/12/2024 - 14:47

Water bills in England and Wales to rise by at least 20% by 2030

Households in England and Wales are set to learn their water bills will rise by at least 20% by 2030 to fix the ‘twin crisis’...

Wed, 18/12/2024 - 12:45

Irish premier Simon Harris tenders resignation as new parliament meets

Irish premier Simon Harris has formally tendered his resignation as part of the formalities for the first sitting of the new parliament.

Harris visited Aras an...

Wed, 18/12/2024 - 10:59

Annual growth in UK house prices and rents has accelerated

Annual growth in UK house prices and rents has accelerated, with rental price inflation in England and London hitting record highs, according to official figures.

The...

Wed, 18/12/2024 - 10:57

UK announces fresh wave of sanctions on Russian energy

The UK has announced a fresh wave of sanctions on shadow fleet vessels carrying Russian oil and two arms of an energy company and commodity...

Wed, 18/12/2024 - 10:29

Reeves says UK taking ‘pragmatic’ approach to relationship with China

Rachel Reeves said trading with China was in the UK’s national interest as she promised a ‘pragmatic’ approach to relations with Beijing.

The government has come...

Wed, 18/12/2024 - 10:07

UK inflation picks up as expected to 2.6% in November; core below view

UK consumer inflation accelerated in line with expectations in November, although core inflation and services inflation surprised on the downside, figures on Wednesday showed.

According to...

Wed, 18/12/2024 - 08:27

Council tax in England and Wales to rise to fund higher police budgets

Council tax is set to increase by almost £330 million to fund policing across England and Wales next year.

Ministers have set out a provisional 3.5%...

Tue, 17/12/2024 - 14:35

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