Economic news and events


UK firms facing ‘combination’ of woes heading into 2023 - Begbies

The number of UK businesses in financial distress has picked up, as legacy Covid debt, rampant inflation and tumbling consumer confidence puts companies closer to...

Tue, 24/01/2023 - 14:38


UK house sales fell by 3% month-on-month in December, says HMRC

The number of UK house sales dipped by 3% month-on-month in December, amid signs that rising mortgage rates are having an impact on transactions.

An...

Tue, 24/01/2023 - 10:36


TOP NEWS: UK private sector downturn worsens as PMI hits two-year low

The UK private sector saw the sharpest drop in business activity in two years, the latest data on Tuesday showed.

The S&P Global CIPS UK...

Tue, 24/01/2023 - 10:05


CORRECT: Cost of debt interest keeps UK borrowing at record levels

(Correcting the December borrowing figure to £27.4 billion.)

UK public borrowing continued at record levels in December, according to the Office for National Statistics.

UK...

Tue, 24/01/2023 - 09:37


Rising cost of debt interest keeps UK borrowing at record levels

UK public borrowing continued at record levels in December, according to the Office for National Statistics.

UK public sector borrowing - excluding public sector banks...

Tue, 24/01/2023 - 08:28


UPDATE: Zahawi under severe pressure as Sunak orders investigation

Rishi Sunak has ordered a potentially far-reaching investigation into Nadhim Zahawi as he defied calls to sack the Tory party chair over the multimillion-pound tax...

Mon, 23/01/2023 - 14:28


Good Energy, Utilita, Scottish Power ’falling short’ on voucher help

The UK government has called on Good Energy Group PLC, Utilita Energy and Iberdrola SA’s subsidiary Scottish Power, to help their prepayment customers claim £400...

Mon, 23/01/2023 - 14:20


UK energy price cap could fall below £3,000 from April - Ofgem boss

The energy price cap might drop below the £3,000 mark as early as April, the boss of Ofgem has said in a prediction that could...

Mon, 23/01/2023 - 13:33


EU and UK negotiators must be given ‘space’ to reach protocol deal

UK and EU negotiators must be given space to find a resolution to the Northern Ireland Protocol impasse, Ireland’s deputy premier has said.

Micheal Martin,...

Mon, 23/01/2023 - 10:42


UK recession to be worse than previously thought - EY Item Club

The recession that experts predict is coming for the UK could be twice as bad as previously thought, according to economists working for consultancy EY....

Mon, 23/01/2023 - 10:16


Pages