Economic news and events


Expected demand for new electric cars in UK downgraded

The proportion of new cars expected to be pure electric in the UK this year has been downgraded due to weakening demand from private buyers.

A...

Mon, 05/08/2024 - 09:29


UK Cobra meeting planned after PM Starmer addresses nation amid riots

Downing Street is expected to hold a Cobra emergency response meeting on Monday after ‘thugs’ tried to storm hotels housing asylum seekers on the sixth...

Mon, 05/08/2024 - 06:17


PM Starmer to pitch UK as ‘stable place’ at October trade summit

Ministers are expected to pitch Britain as a ‘stable place to do business’ as they court global investors at a UK-based summit two weeks ahead...

Sun, 04/08/2024 - 08:52


UK government cuts £1.3 billion of UK tech and AI funding

The new Labour government in the UK has shelved £1.3 billion of ‘unfunded’ investment for UK tech and AI projects promised by the previous Conservative...

Fri, 02/08/2024 - 09:01


UK footfall drops again in July as election sparks shopping pause

Footfall declined for the 12th month in a row as fewer customers visited UK shopping centres in a pre-election lull, figures on Friday showed.

Total...

Fri, 02/08/2024 - 05:03


UPDATE: BoE cuts but ‘persistent’ prices something to be wary of

Bank of England Governor Andrew Bailey fell short of saying Thursday’s rate cut is a ‘one and done’ event but did not rule out Threadneedle...

Thu, 01/08/2024 - 14:43


TOP NEWS: Bank of England votes 5-4 to cut bank rate to 5%

The Bank of England on Thursday touted progress in tackling inflation, as it enacted a quarter-point cut to interest rates - a first since the...

Thu, 01/08/2024 - 12:25


GPs vote to begin industrial action which could last ’months’

Family doctors across England are to stage unprecedented industrial action amid a row over the new contract for GP services in England.

More than 8,500 GPs...

Thu, 01/08/2024 - 12:19


UK house price growth accelerates slightly in June - Nationwide

UK house prices picked up in July, numbers from mortgage lender Nationwide showed Thursday, but remain around 3% off record highs.

House prices rose 0.3%...

Thu, 01/08/2024 - 11:26


TOP NEWS: UK manufacturing sector grows but inflation pressure hots up

The UK manufacturing sector strengthened in July, a survey revealed on Thursday, but rampant inflation is a ‘blot on the copybook’.

The S&P Global UK manufacturing...

Thu, 01/08/2024 - 09:46


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