Economic news and events

Average five-year UK fixed-rate mortgage tops 6% - Moneyfacts

The average five-year fixed-rate homeowner mortgage has jumped above 6% for the first time since November last year, new data shows.

Across all deposit sizes, the...

Tue, 04/07/2023 - 12:04

China tells UK’s Cleverly to stop ’interfering’ in Hong Kong

China has urged UK Foreign Secretary James Cleverly to stop ‘interfering’ after he vowed to defend pro-democracy activists targeted with arrest warrants.

The diplomatic row broke...

Tue, 04/07/2023 - 11:06

UK council chiefs warn of £3 billion black hole in services funding

UK councils face a £3 billion funding gap just to maintain existing levels of services, local authority chiefs have warned.

The Local Government Association warned that...

Tue, 04/07/2023 - 09:21

UK to host first UN Security Council meeting on threat of AI

A first UN Security Council meeting on the potential threats of artificial intelligence to international security will be the centrepiece of the UK’s presidency this...

Tue, 04/07/2023 - 06:27

Energy firms rebuilding profits must use cash responsibly - UK’s Ofgem

The UK’s energy watchdog has urged suppliers to retain profits to protect consumers rather than dish it out to investors, as the energy crisis begins...

Tue, 04/07/2023 - 06:21

China says UK offering ’protection to fugitives’ from Hong Kong

China has accused the UK of giving protection to fugitives after its foreign secretary slammed Hong Kong’s decision to offer bounties for information leading to...

Tue, 04/07/2023 - 06:14

Drax power station could lose subsidies if not compliant - minister

Drax Group PLC’s biomass power plant could lose subsidies if it is found not to be complying with sustainability requirements, a minister has said.

The House...

Tue, 04/07/2023 - 06:09

TOP NEWS: UK manufacturing sees fall in output, orders and employment

The downturn in the UK’s manufacturing sector continued in June, according to survey data on Monday, as demand and output continued to fall.

The S&P...

Mon, 03/07/2023 - 09:59

UK Foreign Secretary Cleverly to hail UK-EU ties in Brussels speech

The UK foreign secretary will hail the ‘close and friendly’ co-operation between London and Brussels in a speech to EU parliamentarians.

James Cleverly is expected to...

Mon, 03/07/2023 - 09:11

Ireland factory sector shrinks by most in over three years in June

Ireland’s manufacturing sector saw its sharpest deterioration in over three years in June, as factories continued to cut back production in response to weak orders,...

Mon, 03/07/2023 - 07:19

Pages