Economic news and events

UK car production falls but sector ’optimistic about return to growth’

Car production fell last month, continuing a trend seen across the year, new figures show.

The number of cars built in UK factories was 8.4% lower...

Thu, 26/09/2024 - 09:47

Keir Starmer to promise ’global leadership’ in UN General Assembly speech

Prime Minister Keir Starmer will address world leaders at the UN General Assembly and woo US business chiefs as his visit to New York continues.

The...

Thu, 26/09/2024 - 09:43

UK wants to expand defence cooperation with Germany

UK Foreign Minister David Lammy has expressed London’s intention to expand cooperation in the defence sector with Germany and the other European partners in view...

Thu, 26/09/2024 - 06:40

Consumer morale down amid ‘negative publicity’ surrounding UK economy

UK consumer confidence declined in September, a tracker released on Thursday showed, setting the stage for a possibly ‘turbulent few months’ for retailers.

According to...

Thu, 26/09/2024 - 05:06

UK PM says has ‘long believed in borrowing to invest’

UK Prime Minister Keir Starmer said he has ‘long believed in borrowing to invest’, which can act as a ‘catalyst’ for private investment.

During a visit...

Wed, 25/09/2024 - 20:55

UK Labour conference backs call to reverse winter fuel payment cut

The UK government has been urged to reverse its controversial decision to cut winter fuel allowance for many pensioners after a strong message was sent...

Wed, 25/09/2024 - 13:38

GB Energy announcement welcomed as UK PM urged to ‘accelerate’ action

The announcement of GB Energy being based in Aberdeen has been welcomed, as ministers were urged to ‘accelerate’ the creation of the agency.

Keir Starmer used...

Wed, 25/09/2024 - 11:33

Both sides of industry largely welcome UK prime minister’s speech

Both sides of industry largely welcomed the UK prime minister’s speech, with union leaders saying that workers ‘desperately’ needed change.

TUC General Secretary Paul Nowak said:...

Wed, 25/09/2024 - 11:30

UK leapfrogs Japan, Italy and Germany in OECD growth forecast for 2024

The UK economy has overtaken several G7 countries on economic growth forecasts in recent months, but is still set to have the highest inflation of...

Wed, 25/09/2024 - 10:16

Unions to press for winter fuel allowance cut to be reversed

Unions will press the UK government on Wednesday to reverse its controversial cut to the winter fuel allowance.

A motion will be debated on the final...

Wed, 25/09/2024 - 09:45

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