Economic news and events


UK service sector rise outperforms in July as providers remain upbeat

Service sector growth in the UK slowed but beat expectations in July, amid an ‘unfavourable global economic backdrop’ while optimism improved as US tariff concerns...

Tue, 05/08/2025 - 10:08


Registrations of new cars in UK down by 5% in July, figures suggest

Registrations of new cars in the UK fell by 5% last month, preliminary figures suggest.

Approximately 140,000 new cars were registered in July, compared with 147,517...

Tue, 05/08/2025 - 09:02


Of course you are going to disappoint people as chancellor - Reeves

UK Chancellor Rachel Reeves admits Labour has ‘disappointed’ people while in government.

The politician said she understood that being chancellor meant making unpopular decisions.

She told an...

Sun, 03/08/2025 - 12:05


FCA to decide by Monday if it will impose motor finance redress scheme

The Financial Conduct Authority said it ‘will take time to digest the judgment’ by the Supreme Court regarding motor finance.

An FCA spokesperson said: ‘We welcome...

Fri, 01/08/2025 - 21:44


UPDATE: Millions in UK may miss car finance payouts after court ruling

Lenders have avoided potentially having to pay compensation to millions of drivers after the UK Supreme Court ruled they are not liable for hidden commission...

Fri, 01/08/2025 - 17:12


UK Treasury has ‘got the balance right’ on taxing wealthy, says Reeves

The Treasury has ‘got the balance right’ on tax, Rachel Reeves said, as she faced questions about Labour calls to weigh up a wealth tax.

The...

Fri, 01/08/2025 - 13:56


UK manufacturing contraction eases in July as outlook improves

The UK manufacturing sector remained in downturn in July, survey results from S&P Global showed on Friday, though the contraction eased to its least negative...

Fri, 01/08/2025 - 09:57


Massive offshore wind farm approved by Scottish government

An offshore wind farm which developers say could be the world’s biggest has been approved by the Scottish government.

Berwick Bank – proposed to be built...

Fri, 01/08/2025 - 06:59


Heathrow Airport reveals plan for £21 billion third runway

Heathrow Airport has said it can build a third runway for £21 billion within a decade.

The airport has submitted plans to the UK government for...

Fri, 01/08/2025 - 06:44


Irish retail sales return to monthly growth in June; surge on-year

Irish retail sales recovered in June, data published by the Central Statistics Office showed Wednesday.

The country’s retail sales volume rose 0.6% in June from...

Wed, 30/07/2025 - 11:23


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