Economic news and events


UK home sales down 16% in July compared to same month last year - HMRC

The number of UK home sales taking place in July was 16% lower than in the same month a year earlier, according to HM Revenue...

Thu, 31/08/2023 - 10:54


UPDATE: UK Energy Secretary Grant Shapps named new defence secretary

UK Energy Secretary Grant Shapps has been appointed the new defence secretary in Prime Minister Rishi Sunak’s mini-reshuffle prompted by Ben Wallace’s formal resignation as...

Thu, 31/08/2023 - 10:14


UK homes to be protected from ‘excessive’ electricity profits - Ofgem

UK households are to receive extra protection from artificially inflated electricity bills in a crackdown on generators attempting to make excessive profits, UK energy regulator...

Thu, 31/08/2023 - 09:59


TOP NEWS: UK Defence Secretary Ben Wallace formally resigns

UK Prime Minister Rishi Sunak is poised to appoint a new defence secretary after Ben Wallace formally handed in his resignation on Thursday.

In a letter...

Thu, 31/08/2023 - 09:46


TOP NEWS: UK lenders approve fewer mortgages; borrowing rises

Net mortgage approvals and approvals for remortgaging in the UK decreased in July, according to the Bank of England on Wednesday.

Net mortgage borrowing by individuals...

Wed, 30/08/2023 - 10:08


UK foreign secretary in China for ’tough conversations’ with counterparts

James Cleverly has met senior officials in Beijing in a visit aimed at easing tensions with China but which risks deepening divisions in the Tory...

Wed, 30/08/2023 - 08:59


Kuwait crown prince meets Sunak amid backdrop of anti-Ulez protests

The crown prince of Kuwait had his visit to Number 10 partially disrupted by opponents of the ultra-low emission zone, who staged a protest against...

Tue, 29/08/2023 - 20:13


Post-Brexit UK relaxes EU-era water pollution rules

The British government on Tuesday said it would ease EU-era water pollution restrictions to boost housebuilding, triggering outrage from environmental campaigners.

The so-called ‘nutrient neutrality’ rules...

Tue, 29/08/2023 - 14:16


UK housebuilders enjoy boost as government relaxes waterway rules

A major regulation change is set to make life easier for housebuilders, after UK Levelling-Up Secretary Michael Gove said on Tuesday that the government would...

Tue, 29/08/2023 - 12:23


UK Foreign Sec James Cleverly to visit China on Wednesday - Beijing

UK Foreign Secretary James Cleverly will visit China this week, Beijing’s foreign ministry said on Tuesday.

During the Wednesday visit, ‘the two sides will have in-depth...

Tue, 29/08/2023 - 08:01


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