Economic news and events


TOP NEWS: UK house prices continue to fall in August - Nationwide

UK house prices saw further weakness in August, according to the latest Nationwide house price index on Friday.

House prices fell 0.8% month-on-month in August, picking...

Fri, 01/09/2023 - 07:19


Future ‘more positive’ with latest UK car production figures

Car production in the UK increased by almost a third last month compared to a year ago, new figures show.

A total of 76,451 cars were...

Thu, 31/08/2023 - 21:17


Bank of England must ‘see job through’ on inflation - chief economist

Interest rate setters must ‘see the job through’ on bringing high inflation back to target, the Bank of England’s top economist said on Thursday.

Speaking at...

Thu, 31/08/2023 - 11:04


UK home sales down 16% in July compared to same month last year - HMRC

The number of UK home sales taking place in July was 16% lower than in the same month a year earlier, according to HM Revenue...

Thu, 31/08/2023 - 10:54


UPDATE: UK Energy Secretary Grant Shapps named new defence secretary

UK Energy Secretary Grant Shapps has been appointed the new defence secretary in Prime Minister Rishi Sunak’s mini-reshuffle prompted by Ben Wallace’s formal resignation as...

Thu, 31/08/2023 - 10:14


UK homes to be protected from ‘excessive’ electricity profits - Ofgem

UK households are to receive extra protection from artificially inflated electricity bills in a crackdown on generators attempting to make excessive profits, UK energy regulator...

Thu, 31/08/2023 - 09:59


TOP NEWS: UK Defence Secretary Ben Wallace formally resigns

UK Prime Minister Rishi Sunak is poised to appoint a new defence secretary after Ben Wallace formally handed in his resignation on Thursday.

In a letter...

Thu, 31/08/2023 - 09:46


TOP NEWS: UK lenders approve fewer mortgages; borrowing rises

Net mortgage approvals and approvals for remortgaging in the UK decreased in July, according to the Bank of England on Wednesday.

Net mortgage borrowing by individuals...

Wed, 30/08/2023 - 10:08


UK foreign secretary in China for ’tough conversations’ with counterparts

James Cleverly has met senior officials in Beijing in a visit aimed at easing tensions with China but which risks deepening divisions in the Tory...

Wed, 30/08/2023 - 08:59


Kuwait crown prince meets Sunak amid backdrop of anti-Ulez protests

The crown prince of Kuwait had his visit to Number 10 partially disrupted by opponents of the ultra-low emission zone, who staged a protest against...

Tue, 29/08/2023 - 20:13


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