Economic news and events


European Central Bank set to cut rates again as inflation slows

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give...

Thu, 12/09/2024 - 06:30


UK slaps fresh sanctions on Russian ‘shadow fleet’

The UK government on Wednesday announced new sanctions on Russia’s ‘shadow fleet’ of tankers which Moscow uses to export oil, bypassing a Western embargo imposed...

Wed, 11/09/2024 - 11:29


New Labour group promises to support UK infrastructure building

A new Labour pressure group aiming to ‘take on the Nimbys’ in the UK is set to launch on Wednesday.

The Labour Infrastructure Forum said it...

Wed, 11/09/2024 - 08:52


Lammy, Blinken joint visit to Kyiv amid Iran-Russia missile deal fears

Iran has been hit with sanctions by the UK and US after the two countries formally accused Tehran of supplying ballistic missiles to Russia.

The announcement...

Tue, 10/09/2024 - 17:16


Germany, France and UK sanction Iran over missile sales to Russia

Germany, France and the UK are imposing fresh sanctions on Iran over its alleged sale of ballistic missiles to Russia.

‘France, Germany, and the UK strongly...

Tue, 10/09/2024 - 17:09


Starmer sees off backbench rebellion in winter fuel allowance vote

UK Prime Minister Keir Starmer has seen off a backbench rebellion over plans to cut the winter fuel allowance but the government’s majority fell to...

Tue, 10/09/2024 - 17:05


UK Foreign Secretary David Lammy to travel to Kyiv with Antony Blinken

UK Foreign Secretary David Lammy announced on Tuesday that he will travel to Kyiv this week with America’s top diplomat Antony Blinken as the allies...

Tue, 10/09/2024 - 14:09


UK PM Keir Starmer says bosses do not ‘want to rip up employee rights’

Keir Starmer has insisted bosses are not ‘knocking on my door saying they want to rip up employee rights’ as he defended his plan to...

Tue, 10/09/2024 - 12:23


Blinken in UK as allies seek way forward on Ukraine, Middle East

US Secretary of State Antony Blinken meets the new UK government on Tuesday, with the close allies expected to share their resolve on Ukraine and...

Tue, 10/09/2024 - 09:39


UK releases thousands of prisoners to ease jail overcrowding

Thousands of prisoners in British jails were due to be released early on Tuesday, as part of government moves to ease overcrowding.

Recently released figures showed...

Tue, 10/09/2024 - 09:36


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