Economic news and events


BoE’s Mann says higher interest rates needed to ‘purge’ inflation risk

A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to ‘purge’ the risks to UK...

Fri, 20/09/2024 - 10:39


UK government debt hits landmark high before key budget

The UK government’s debt has reached the size of the country’s total annual output, data showed Friday, as the new Labour government warns of tough...

Fri, 20/09/2024 - 07:46


TOP NEWS: UK retail sales in forecast-beating rise to round off summer

UK retail sales were higher than expected in August, numbers on Friday showed, while public sector borrowing picked up.

According to the Office for National...

Fri, 20/09/2024 - 07:17


Consumer confidence falls as households ’nervously’ await UK budget

Consumer confidence has fallen sharply in ‘not encouraging news’ for the UK government as households ‘nervously’ await next month’s autumn budget, according to a long-running...

Fri, 20/09/2024 - 06:48


Budget speculation puts ’fear of God’ into people, says Prime Minister

Speculating on next month’s Budget will ‘put the fear of God’ into people, the Prime Minister has said as he declined to rule out further...

Thu, 19/09/2024 - 19:26


TOP NEWS: Bank of England sees gradual easing as holds rates at 5%

The Bank of England on Thursday left interest rates unchanged and hinted at a gradual pace of easing of monetary policy in the months ahead.

At...

Thu, 19/09/2024 - 12:20


UK housing market has ‘lack of affordable, secure and suitable homes’

The UK’s housing market has a lack of affordable and suitable homes and strong action is needed to support first-time buyers, renters and people looking...

Thu, 19/09/2024 - 06:13


Netanyahu accuses UK of sending ‘mixed messages’ over Israel support

Benjamin Netanyahu has accused the UK government of sending ‘mixed messages’ over its support for Israel and ‘undermining’ the country’s right to self-defence.

Israel’s prime minister...

Thu, 19/09/2024 - 06:12


UK train drivers vote to accept multiyear pay offer, ending dispute

Train drivers in the UK have voted overwhelmingly to accept a multiyear pay offer, ending a two-year dispute at 16 rail companies.

Aslef said its members...

Wed, 18/09/2024 - 14:12


UK house price growth slows, rents climb at near-record rate - ONS

UK annual house price growth has slowed, but private rents continue to climb at a ‘near-record rate’, according to an Office for National Statistics report.

Across...

Wed, 18/09/2024 - 12:44


Pages