Economic news and events


TOP NEWS: UK jobless rate declines but wage growth cools

The UK unemployment rate edged lower in the three months to August, but wage growth abated, numbers on Tuesday showed.

According to the Office for...

Tue, 15/10/2024 - 07:19


UK government announces £68 million for homes on brownfield land

Councils will receive £68 million to help build thousands of homes on disused brownfield sites, the UK government has announced.

The money, spread around 54 local...

Tue, 15/10/2024 - 06:57


Investments from private sector to support UK government housing drive

The UK government said impact investing will help to tackle the housing crisis as it announced private sector commitments to put hundreds of millions into...

Tue, 15/10/2024 - 06:50


UK’s Reeves warns of ’difficult decisions’ on tax ahead of budget

Rachel Reeves warned her budget on October 30 would be ‘tough’ as she gave the clearest signal yet that businesses will face a hike in...

Mon, 14/10/2024 - 16:40


UK households’ confidence in future finances turns more downbeat

British households’ expectations for their finances over the year ahead have become gloomier, according to an index.

The score on this measure deteriorated to 95.2 in...

Mon, 14/10/2024 - 13:04


Warning of £2.6 billion business rates ‘cliff edge’ for UK retail

Retail and hospitality firms in the UK could face a £2.66 billion a year rise in business rates in April, experts have warned.

Shops, pubs and...

Mon, 14/10/2024 - 12:21


UK ministers hail £1.1 billion Stansted airport investment

Details of a £1.1 billion investment programme to improve and expand Stansted airport’s terminal building have been announced.

Manchester Airports Group (MAG), which owns the Essex...

Mon, 14/10/2024 - 12:18


Scope maintains UK ’stable’ rating outlook but notes Brexit challenges

Scope Ratings on Friday maintained the outlook on its credit rating for the UK, citing the positive impact of the country’s strong institutions and ‘robust’...

Mon, 14/10/2024 - 12:11


Starmer pledges to ‘rip up the bureaucracy that blocks investment’

UK Prime Minister Keir Starmer has said it is ‘time to upgrade the regulatory regime’ as he pledged to ‘rip up’ bureaucracy.

He said the government...

Mon, 14/10/2024 - 11:23


UK Foreign Secretary Lammy hails ‘historic moment’ before UK-EU talks

UK Foreign Secretary David Lammy has arrived in Luxembourg to discuss security issues with his EU counterparts as the government continues its attempt to ‘reset’...

Mon, 14/10/2024 - 10:10


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