Economic news and events


Pace of UK house price falls ’showing signs of steadying’ - Rics

The pace of house price falls may be steadying as the end of the year approaches, according to surveyors.

A net balance of 63% of property...

Thu, 09/11/2023 - 06:07


TOP NEWS: BoE Governor Bailey ‘optimistic’ that inflation will fall

Bank of England Governor Andrew Bailey has said he is ‘optimistic’ inflation will come down to normal levels, but warned that the cost of borrowing...

Wed, 08/11/2023 - 11:30


Future ban on creation of new leasehold houses in England and Wales

A ban on the creation of new leasehold houses in England and Wales will be included in a government shake-up to improve fairness in the...

Tue, 07/11/2023 - 12:24


TOP NEWS: UK grocery price inflation falls to single-digits

UK grocery price inflation dropped to an eight-month low of 9.7% in the four weeks to October 29, according to survey data from Kantar on...

Tue, 07/11/2023 - 09:53


UK retail sales rise at weaker pace in October - BRC

UK retail sales growth fell short of recent standards in October, numbers from the British Retail Consortium showed Tuesday.

According to the latest BRC-KPMG tracker,...

Tue, 07/11/2023 - 07:57


TOP NEWS: UK house prices snap six-month streak of declines - Halifax

UK house prices increased in October, ending a streak of six successive monthly falls, according to mortgage lender Halifax on Tuesday.

The average house price...

Tue, 07/11/2023 - 07:54


UK’s Sunak makes pre-election pitch in first King’s Speech since 1951

Charles III gives the first King’s Speech in more than 70 years Tuesday, formally opening the UK parliament with a run-down of his government’s legislative...

Tue, 07/11/2023 - 05:47


Bank economist says rates will probably not return to pre-Covid levels

The top economist at the Bank of England has said interest rates will probably be higher in the long run than they were in the...

Mon, 06/11/2023 - 21:50


UK government plans to mandate oil and gas licensing in the North Sea

The UK government revealed plans to mandate oil and gas licensing in the North Sea in a bid to reduce dependency on ‘hostile foreign regimes’,...

Mon, 06/11/2023 - 10:05


TOP NEWS: UK construction sector remains in doldrums in October

The UK construction sector continued to decline in October, numbers on Monday showed, amid another tricky month for housebuilding.

The latest S&P Global/Chartered Institute of...

Mon, 06/11/2023 - 09:47


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