Economic news and events


UK Chancellor Hunt to meet lenders on mortgage rates crunch this week

UK Chancellor Jeremy Hunt on Tuesday said he will meet lenders later this week to ask what help they can give to borrowers struggling with...

Tue, 20/06/2023 - 15:12


UK CMA hunts for two new executive directors in post-Brexit expansion

The UK Competition & Markets Authority on Tuesday announced that it will look to fill two new executive director roles, citing an expansion in responsibilities...

Tue, 20/06/2023 - 10:54


TOP NEWS: UK grocery inflation fades to year-to-date low - Kantar

UK grocery price inflation eased to its lowest level since last year, numbers on Tuesday showed, though it remained in robust shape, helping boost the...

Tue, 20/06/2023 - 08:30


UK MPs vote overwhelmingly to back partygate report

UK MPs have voted overwhelmingly to back a damning report that found Boris Johnson lied to parliament with his partygate denials, as Rishi Sunak stayed...

Tue, 20/06/2023 - 06:00


Bank of England widens stress tests to include funds, insurers

The Bank of England on Monday launched a new stress test that will for the first time cover non-banking financial institutions, which played a role...

Mon, 19/06/2023 - 14:38


UK PM Sunak and von der Leyen agree on UK-EU ’shared approach’ on AI

Rishi Sunak and Ursula von der Leyen discussed Ukraine and artificial intelligence in a call on Monday, No 10 said.

Downing Street said the European Commission...

Mon, 19/06/2023 - 13:33


Average two-year fixed-rate UK mortgage tops 6% for first time in 2023

The average two-year fixed-rate homeowner mortgage on the UK market has topped 6% for the first time this year.

The rise takes the rate back towards...

Mon, 19/06/2023 - 10:52


UK lawmakers set to punish ex-PM Johnson for ’Partygate lies’

British MPs vote Monday on a damning report that found ex-prime minister Boris Johnson deliberately lied to parliament about lockdown-breaking parties, in what the government...

Mon, 19/06/2023 - 06:03


UK house prices stifled by rising mortgage rates in June

UK house prices suffered a marginal fall this month, the first June decline since 2017, according to a Rightmove tracker.

Average new seller asking prices fell...

Mon, 19/06/2023 - 05:02


UK PM Sunak faces another by-election after ex-Tory MP resigns

UK Prime Minister Rishi Sunak faces another potentially damaging by-election after a former Tory member of Parliament resigned with immediate effect following accusations of sexual...

Sun, 18/06/2023 - 11:06


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