Economic news and events

The national living wage in the UK will rise to £11.44 in April next year, the Treasury has announced.

The rate is currently £10.42 for workers...

The Bank of England’s governor has suggested the threat of UK inflation is being underestimated, as he stressed that Prime Minister Rishi Sunak declaring victory...

UK public sector borrowing continued at record levels in October, as the government’s debt piled mounted further, according to data from the Office for National...

Rishi Sunak has promised to cut tax ‘carefully and sustainably’ after meeting his target of halving inflation.

The prime minister did not give specifics about how...

UK Chancellor of the Exchequer Jeremy Hunt has heightened expectations that he will cut taxes on businesses in a bid to boost growth with his...

Fine Gael put a spotlight on farming and rural issues as the political system gears up for an ‘election year’.

Party leader and Taoiseach Leo Varadkar...

UK Chancellor of the Exchequer Jeremy Hunt has given his strongest hint yet that he will unveil tax cuts in his autumn statement as he...

UK retail sales declined last month despite expectations of a month-on-month increase, and declined faster than expected on an annual basis, official numbers on Friday...

UK Prime Minister Rishi Sunak has said he will stick to his plan on reducing inflation, claiming success in halving the rate and insisting it...

Fuel retailers face fines if they fail to be more transparent on pricing, UK Energy Secretary Claire Coutinho has announced.

The Department for Energy Security &...