Economic news and events


Reeves signals manifesto-busting Budget will hike taxes

Rachel Reeves has all but admitted Labour’s manifesto pledge not to hike income tax will be ditched in her Budget.

The Chancellor said sticking to the...

Mon, 10/11/2025 - 15:45


Starmer said to be facing plots to oust him, as Labour welcomes back rebel MPs

Labour MPs are plotting to oust Keir Starmer, reports suggest, even as the prime minister has welcomed rebellious backbenchers back into the fold.

The new intake...

Sat, 08/11/2025 - 13:42


Headache for UK PM amid splits over tax hikes; minister breaks rules

Splits have emerged at the top of Labour over breaking its manifesto promises on tax hikes, as UK Prime Minister Keir Starmer was forced to...

Fri, 07/11/2025 - 08:08


UK house price growth accelerates more than expected in October

The average UK house price grew faster than expected in October, Halifax data showed on Friday.

For October, the average price was £299,862, up 0.6% from...

Fri, 07/11/2025 - 07:20


Bank of England votes 5-4 to leave interest rates unchanged at 4.00%

The Bank of England on Thursday left interest rates unchanged in a knife-edge vote with the decision of Governor Andrew Bailey proving decisive.

Five members of...

Thu, 06/11/2025 - 12:18


UK construction activity falls fastest for over five years in October

UK construction activity fell at the fastest pace for over five years in October, in the longest period of continuous decline since the global financial...

Thu, 06/11/2025 - 09:45


Nvidia boss Huang to meet with UK technology secretary - Sky

Nvidia Corp’s Chief Executive Officer Jensen Huang meets with UK Technology Secretary Liz Kendall on Wednesday, Sky News reported the evening before.

Huang, who travelled to...

Wed, 05/11/2025 - 11:29


Ireland jobless rate falls to 5.0% in October from 5.1% in September

Ireland’s unemployment rate eased slightly in October, though it remained higher than a year earlier, according to data from the Central Statistics Office on Wednesday.

The...

Wed, 05/11/2025 - 11:17


UK service sector sees stronger-than-expected October rise

The UK service sector expanded last month, helped by a solid rise in new work, a survey showed on Wednesday.

S&P Global UK services purchasing...

Wed, 05/11/2025 - 09:48


UK new car registrations up 0.5% on-year in October amid electric rise

The UK new car market was stable in October, boosted by electric cars, data published by the Society of Motor Manufacturers & Traders, SMMT, showed...

Wed, 05/11/2025 - 09:18


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