Economic news and events


UK Chancellor Rachel Reeves to tweak fiscal rules in upcoming budget

The cost of government borrowing increased on Thursday following speculation Rachel Reeves could change debt rules to spend billions more on investments.

The chancellor is widely...

Thu, 24/10/2024 - 15:46


TOP NEWS: UK private sector growth eases on pre-budget uncertainty

UK private sector growth slowed to a near one-year low in October, a preliminary reading said Thursday, due to ‘heightened economic uncertainty’.

The flash UK...

Thu, 24/10/2024 - 09:59


Chancellor promises ‘reset for our economy’ as prepares for UK budget

Rachel Reeves has promised her first budget will be an economic ‘reset’ for the UK.

The chancellor said her statement on October 30 will invest in...

Thu, 24/10/2024 - 09:05


UK PM Starmer unlikely to meet Kamala Harris ahead of US polls

Keir Starmer is unlikely to meet with Kamala Harris, the Democratic candidate for the US presidency, before Americans go to the polls.

The UK prime minister...

Thu, 24/10/2024 - 09:03


Long-term Northern Ireland funding plan needed to fix public services

Northern Ireland needs a long-term funding agreement from the UK government to fix its public services which are in crisis, MPs have warned.

The House of...

Wed, 23/10/2024 - 14:12


UK’s Rayner and Dowden clash over prospect of budget tax rises

Angela Rayner sidestepped questions over the prospect of Budget tax rises hitting working people, as she took part in a ‘battle of the gingers’ at...

Wed, 23/10/2024 - 13:47


UK and Germany sign ‘landmark’ defence agreement to boost co-operation

The UK and Germany have signed a defence pact with the aim of closer co-operation in the face of a growing threat from Russia.

Under the...

Wed, 23/10/2024 - 11:28


UK water review could see replacing Ofwat amid row over bills, sewage

An independent review into the water industry in the UK could consider abolishing regulator Ofwat among other measures to reform the sector, after a public...

Wed, 23/10/2024 - 10:23


UK PM Keir Starmer insists Donald Trump relationship not in jeopardy

UK Prime Minister Keir Starmer has insisted his relationship with Donald Trump is not in jeopardy after the presidential candidate’s campaign claimed the Labour Party...

Wed, 23/10/2024 - 06:56


UK’s Reeves sympathetic towards ‘mess’ ministers face ahead of budget

UK Chancellor Rachel Reeves has said she is ‘sympathetic towards the mess’ her Cabinet colleagues have faced, after it was reported that Prime Minister Keir...

Wed, 23/10/2024 - 06:51


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