Economic news and events


UK unveils £1 billion semiconductor strategy amid Stellantis woes

The British government on Friday unveiled a new £1 billion semiconductor strategy to invest in infrastructure, research and security as the UK tries to diversify...

Fri, 19/05/2023 - 06:04


UK government set to miss target for electric vehicle chargers

The UK government is set to miss its target for the installation of high-powered electric vehicle (EV) chargers at motorway services in England, according to...

Fri, 19/05/2023 - 06:02


TOP NEWS: UK consumer confidence continues to recover - GfK survey

UK consumer confidence in the year ahead is continuing to recover despite persistent cost-of-living pressures, a long-running survey suggests.

GfK’s Consumer Confidence Index rose by three...

Fri, 19/05/2023 - 05:56


UK opposition party leader Starmer promises planning reform

Labour will tear up planning red tape and allow some development on the green belt in order to increase the supply of homes in the...

Wed, 17/05/2023 - 21:05


UPDATE: Biden says ’confident’ in reaching deal to avert default

US President Joe Biden said Wednesday he is ‘confident’ a deal can be reached with Republicans leaders to avert a potentially catastrophic US debt default,...

Wed, 17/05/2023 - 16:40


Three energy firms pay £8 million for compensation failures

E.ON SE’s E.On Next, Good Energy Group PLC and Octopus Energy have paid £8 million over compensation failures after lengthy delays in producing final bills...

Wed, 17/05/2023 - 16:39


EU and UK closer to signing delayed deal on financial services

The EU on Wednesday moved forward with a delayed agreement with Britain to advance cooperation on financial services regulation as the two sides build on...

Wed, 17/05/2023 - 14:52


BoE Governor Bailey signals further hikes if inflation ‘persistent’

The governor of the Bank of England has warned the central bank will continue to increase interest rates if there are signs that inflation is...

Wed, 17/05/2023 - 14:49


Pressure on UK to rewrite Brexit deal as car maker jobs under threat

UK Prime Minister Rishi Sunak is facing demands to renegotiate the UK’s Brexit deal amid warnings the car industry in Britain faces an ‘existential threat’...

Wed, 17/05/2023 - 10:11


UK Treasury Committee presses for regulation of cryptocurrency

Consumer cryptocurrency trading should be regulated as gambling in the UK, the Treasury Committee has urged.

In a new report, the committee called for consumer trading...

Wed, 17/05/2023 - 06:03


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