Economic news and events

UK households will pay less for their gas and electricity from Saturday amid warnings that bills will still be almost double the amount they were...

The Bank of England’s credibility is ‘on the line’ in the face of stubbornly high inflation, Tory former chancellor Norman Lamont has said.

In the recent...

The UK government on Thursday hailed a decision by Microsoft Corp-backed ChatGPT creator OpenAI to open its first office outside the US in London.

The California-based...

UK Foreign Secretary James Cleverly has defended a possible trip to China as he argued that international reforms cannot happen without recognising Beijing’s global financial...

Net mortgage approvals rose by more than expected in May, according to Bank of England data on Thursday.

Individuals repaid, on net, around £100 million of...

UK Chancellor Jeremy Hunt said he has met industry leaders to discuss how the best returns for pension savers can be achieved ‘while driving growth...

Bank of England policymakers had to make a ‘strong move’ as they sat down and studied a surprisingly bad inflation report last week, Governor Andrew...

UK consumer watchdogs will set out plans to ease the burden of rising prices, Rishi Sunak said.

Chancellor Jeremy Hunt called in the chiefs of the...

The UK government is reportedly drawing up contingency plans for the emergency nationalisation of Thames Water as concerns grow over its mammoth £14 billion debt...

AIB Group PLC on Wednesday said the reduction of the Irish government’s stake in the bank below 50% represents a ‘normalisation of the share register’...