Economic news and events

UPDATE: UK deputy PM quits government after probe into tax affairs

Angela Rayner has resigned from the UK government after Prime Minister Keir Starmer’s ethics adviser found she had breached the ministerial code over her underpayment...

Fri, 05/09/2025 - 13:53

Rayner to leave UK government after standards probe into tax affairs

UK Deputy Prime Minister Angela Rayner is expected to leave government following an investigation into her tax affairs by Keir Starmer’s independent standards adviser, it...

Fri, 05/09/2025 - 12:20

PRESS: UK Investment Minister Poppy Gustafsson set to quit government

UK Investment Minister Baroness Poppy Gustafsson is preparing to leave her role less than a year after being appointed, Sky News reported on Friday,...

Fri, 05/09/2025 - 11:43

CORRECT: UK retail sales beat expectations with 0.6% growth in July

UK retail sales accelerated ahead of expectations in July following continued good weather, but fell short of consensus on an annual basis, the Office for...

Fri, 05/09/2025 - 07:39

UK monthly house price rise slows to 0.3%, hits record average value

The average UK house price rose for the third consecutive month in August to a record high, though the rate of growth slowed slightly from...

Fri, 05/09/2025 - 07:18

UK firms axe jobs at fastest pace for almost four years, survey finds

UK businesses cut jobs at the fastest pace for almost four years in August amid pressure from higher taxes and labour costs, figures show.

The Bank...

Thu, 04/09/2025 - 12:24

CORRECT: UK construction optimism hits lowest in two-and-a-half years

(Correcting day of the week survey was published)

The UK’s construction sector remained mired in contraction in August, with activity falling for the eighth consecutive month,...

Thu, 04/09/2025 - 12:06

UK new car market down in August but electric vehicles share up

The annual decline in new car registrations in the UK slowed in August, while the share of electric vehicles hit a record for 2025, data...

Thu, 04/09/2025 - 09:14

BoE chief warns attacks on central bank independence ‘dangerous’

The Bank of England’s governor has warned that threats to the independence of central banks was a ‘dangerous road to go down’ amid Donald Trump’s...

Wed, 03/09/2025 - 15:39

UK deputy PM admits did not pay enough stamp duty on second home

UK Deputy Prime Minister Angela Rayner has admitted she did not pay enough stamp duty on her second home and has considered resigning.

Rayner said she...

Wed, 03/09/2025 - 12:28

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