Economic news and events


UK budget watchdog OBR denies being ‘at war’ with Treasury

The UK budget watchdog has denied being ‘at war’ with the Treasury after the resignation of its boss Richard Hughes.

Hughes quit as chair of the...

Tue, 02/12/2025 - 11:56


Ireland consumer price inflation rises to 3.2% in November - CSO

Consumer price inflation in Ireland increased in November, according to Central Statistics Office estimates on Monday.

The harmonised consumer price index, which allows for EU-wide comparison,...

Tue, 02/12/2025 - 11:18


Britain must not shrink back from ‘chaotic world’, says Starmer

Britain must not shrink back from a ‘chaotic world’, Keir Starmer has said as he underlined his commitment to internationalism.

In his annual Guildhall speech on...

Mon, 01/12/2025 - 21:30


US to zero out tariffs on UK pharmaceuticals under trade deal

The US on Monday exempted British pharmaceuticals from import tariffs under a unique deal which sees the UK increase spending on American drugs by 25%.

The...

Mon, 01/12/2025 - 17:50


UK Office for Budget Responsibility chair resigns over budget leak

The chair of the UK Office for Budget Responsibility has resigned over the early publication of the watchdog’s forecasts.

Richard Hughes said he was resigning to...

Mon, 01/12/2025 - 16:59


Reeves ‘absolutely confident’ she’ll be UK chancellor at next election

Rachel Reeves has said she is confident she will be chancellor at the next election despite accusations that she misled voters.

The UK chancellor has been...

Mon, 01/12/2025 - 13:37


UK cabinet minister insists Rachel Reeves has ‘full support’ on budget

Keir Starmer’s top aide has insisted that Chancellor Rachel Reeves did not mislead voters over the state of the public finances ahead of the budget.

Chief...

Mon, 01/12/2025 - 10:21


UK manufacturing returns to growth in November despite budget worries

UK manufacturing returned to growth in November, a final purchasing managers’ index reading from S&P Global confirmed on Monday.

The PMI rose to a 14-month high...

Mon, 01/12/2025 - 09:52


UK mortgage approvals fall but top expectation in October - BoE data

UK mortgage approvals were higher than expected in October, but fell from September, numbers on Monday showed.

According to the Bank of England, mortgage approvals...

Mon, 01/12/2025 - 09:44


UK businesses change recruitment strategies after budget, poll shows

Businesses in the UK are preparing to slow hiring as a result of measures in the autumn budget, which puts Britain on course for a...

Fri, 28/11/2025 - 14:05


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