Economic news and events

PM Sunak to stress North Sea energy opportunities in Scotland visit

Government backing for new oil and gas licences in the North Sea could be confirmed by Rishi Sunak during a visit to Scotland.

The prime minister...

Mon, 31/07/2023 - 07:44

New UK consumer duty sets higher, clearer standards for finance firms

A new consumer duty has come into force, setting a higher bar for financial firms and giving customers more certainty that the product they are...

Mon, 31/07/2023 - 06:00

PM Sunak backs plans for new oil and gas exploration off UK

UK Prime Minister Rishi Sunak has backed plans for new fossil fuel drilling off Britain’s coast, saying in a Sunday newspaper interview he would be...

Sun, 30/07/2023 - 10:46

Farage continues bank account closure crusade with new website

Nigel Farage will continue to campaign on behalf of people whose bank accounts have been shut – with a new website launched to tackle de-banking...

Sun, 30/07/2023 - 10:42

Ex-Fed chair Bernanke to lead Bank of England forecasts review

Nobel Prize-winner Ben Bernanke will lead a review into how the UK central bank forecasts the economy, the Bank of England has said.

The US economist,...

Fri, 28/07/2023 - 15:37

Company insolvencies in England and Wales rise to 14-year high

The number of firms falling into insolvency in England and Wales surged to the highest level for 14 years in the past quarter, according to...

Fri, 28/07/2023 - 12:13

UK house sales down by 15% in June compared with same month in 2022

UK house sales fell by 15% in June compared with the same month a year earlier, according to HM Revenue & Customs figures.

An estimated 85,870...

Fri, 28/07/2023 - 11:24

UK energy bills forecast to stabilise but above pre-pandemic levels

UK energy bills are expected to remain ‘relatively stable’ but significantly above pre-pandemic levels for the foreseeable future, according to latest analysis.

Consultancy firm Cornwall Insight...

Thu, 27/07/2023 - 20:14

UK PM house build intervention in London threat sparks row with mayor

UK Prime Minister Rishi Sunak has sparked a row with the mayor of London, accusing him of failing to build enough homes and threatening to...

Thu, 27/07/2023 - 20:10

UK car production up about 12% in first half of year

Car production rose 11.7% in the first half of the year as supply shortages eased, new figures show.

The Society of Motor Manufacturers & Traders said...

Thu, 27/07/2023 - 09:38

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