Economic news and events

The UK economy contracted by more than expected in July, according to the Office of National Statistics on Wednesday.

Monthly gross domestic product contracted by 0.5%...

Long-term sickness – with people out of the labour market – has become a ‘serious fiscal threat’ to the UK and action is needed to...

Incoming Bank of England deputy governor Sarah Breeden said that price rises are more likely to overshoot than undershoot forecasts but that she expects the...

Annual grocery price inflation in the UK decelerated to 12.2% in the four weeks that ended September 3, from 12.7% a month before, according to...

The UK unemployment rate rose to 4.3%, in line with expectations, figures from the Office for National Statistics showed on Tuesday.

The UK jobless rate rose...

A Bank of England policymaker has warned that cutting UK interest rates or keeping them at the current level could risk embedding high inflation into...

Passengers and crew members of a British Airways flight who were taken hostage in Kuwait in 1990 are intending to take legal action against the...

New curbs on Chinese influence could be considered, as ministers continue to face questions about allegations of espionage in Westminster.

The arrest of a parliamentary researcher...

A UK-India trade deal could be agreed by the end of the year, Chancellor Jeremy Hunt has indicated.

He said there was ‘real political momentum’ behind...

BMW AG will announce plans to build its next-generation electric Mini in Oxford after securing a UK government funding package.

The Munich, Germany-headquartered manufacturer’s multi-million pound...