Economic news and events


Reforms to target profiteering providers and ‘loss’ of UK high streets

UK Communities Secretary Steve Reed said the profits of firms exploiting high demand for vulnerable children’s accommodation will be capped and powers handed to communities...

Thu, 21/05/2026 - 13:35


UK private economy weakens as service sector slumps on conflict woe

The UK private sector slipped into contraction in May, with activity in services declining, a survey showed on Thursday.

The S&P Global flash composite purchasing...

Thu, 21/05/2026 - 09:42


Cheaper food in UK Chancellor Rachel Reeves’s cost-of-living plan

UK shoppers could save on the cost of biscuits and chocolate as part of a package of measures being set out by Rachel Reeves to...

Thu, 21/05/2026 - 08:09


UK PM seeks to regain initiative amid key Makerfield by-election

UK Prime Minister Keir Starmer will seek to regain control of the political agenda on Thursday with a series of announcements on the cost of...

Thu, 21/05/2026 - 06:58


UK PM Keir Starmer insists no lifting of Russian oil sanctions

Keir Starmer has insisted he is not lifting sanctions on Russian oil ‘in any way whatsoever’.

The UK prime minister said the ‘strong new package’ of...

Wed, 20/05/2026 - 13:32


Planned UK fuel duty rise axed, Prime Minister Keir Starmer says

An increase in fuel duty planned in the UK for September has been scrapped.

Prime Minister Keir Starmer told MPs the 5p per litre fuel duty...

Wed, 20/05/2026 - 12:14


UK house prices stall in March; buyers cautious amid rate uncertainty

UK house prices were static in March in a sign of the market slowing and buyers holding back in the face of uncertainty over interest...

Wed, 20/05/2026 - 11:33


UK parliament to get powers to deem clean energy projects critical

UK parliament will get powers to approve critical energy projects and limit judicial reviews that can hold them up under reforms to be announced by...

Wed, 20/05/2026 - 10:56


UPDATE: UK minister says grocers not being asked to cap food prices

A minister has said the UK government is not urging supermarkets to voluntarily cap the prices of essential groceries.

It comes after the British Retail Consortium...

Wed, 20/05/2026 - 08:53


PRESS: UK government urged grocers to limit food prices

The UK government ‘must focus on how it will reduce the public policy costs which are pushing up food prices’, the British Retail Consortium has...

Wed, 20/05/2026 - 08:08


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