Economic news and events


In Taiwan, UK’s ex-PM urges West to confront ’Cold War’ with China

British former prime minister Liz Truss, on a visit to Taiwan Wednesday, will set up a full-throated clash with both China and her successor Rishi...

Wed, 17/05/2023 - 06:01


UK housing secretary says not ‘enough homes in this country’

UK Housing Secretary Michael Gove has conceded there ‘simply aren’t enough homes’ in Britain as he said the prime minister had commissioned him to work...

Tue, 16/05/2023 - 19:51


TOP NEWS: UK unemployment rises to 3.9% but wage inflation stubborn

UK unemployment ticked up in the three months to March, figures from the Office for National Statistics showed on Tuesday.

The UK jobless rate unexpectedly...

Tue, 16/05/2023 - 07:18


20% of UK taxpayers to pay higher rate of income tax by 2027 - IFS

One in five taxpayers will be paying higher-rate income tax by 2027, as frozen thresholds bite households, according to the Institute for Fiscal Studies.

Over recent...

Tue, 16/05/2023 - 05:52


BoE’s Pill admits poor wording over living standards comment

The Bank of England’s top economist has said he should have been more careful over his wording after he faced criticism for indicating that some...

Mon, 15/05/2023 - 19:26


UPDATE: Zelensky meets Sunak as UK promises extra military aid

The UK will provide Ukraine with air defence missiles and attack drones, Downing Street has announced, as Volodymyr Zelensky met Rishi Sunak at Chequers.

In the...

Mon, 15/05/2023 - 12:27


Ukraine’s Zelensky to meet Sunak in surprise UK visit

Volodymyr Zelensky is due to meet Rishi Sunak in the UK on Monday in the latest stop on a tour of European capitals by the...

Mon, 15/05/2023 - 08:29


UK trade secretary to hold talks on modernising UK-Swiss trade deal

Kemi Badenoch is flying to Switzerland for talks aimed at modernising the UK’s trade agreement with the country as the government continues its attempts to...

Mon, 15/05/2023 - 05:57


TOP NEWS: UK trade deficit narrows; industrial output beats consensus

The UK’s trade deficit narrowed in March, as shrinking imports outpaced a fall in exports, according to numbers from the Office for National Statistics on...

Fri, 12/05/2023 - 08:02


TOP NEWS: UK economy expands in first-quarter despite March slide

UK gross domestic product grew 0.1% in the first quarter of 2023, despite a poor showing for the economy in March, according to numbers released...

Fri, 12/05/2023 - 07:17


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