Economic news and events


Brexit not to blame for Port of Dover delays, insists UK minister

UK Home Secretary Suella Braverman has rejected suggestions that Brexit could be the cause of delays at the Port of Dover as passengers on the...

Sun, 02/04/2023 - 11:37


TOP NEWS: CET1 capital ratio for UK banking sector rose at end of 2022

The common equity tier 1 capital ratio for the UK banking sector rose in the fourth quarter of 2022, the Bank of England reported on...

Fri, 31/03/2023 - 10:14


UK current account deficit narrows in fourth quarter of 2022

The UK’s current account deficit narrowed at the end of 2022, official data showed on Friday.

The Office for National Statistics provided data on the...

Fri, 31/03/2023 - 08:11


TOP NEWS: UK house prices see largest annual fall since June 2009

UK house prices saw their steepest fall in over a decade in March, according to figures from mortgage lender Nationwide on Friday.

UK house prices...

Fri, 31/03/2023 - 07:26


TOP NEWS: UK confirms recession avoided in 2022 on Q4 quarter growth

The UK economy registered marginal growth in the final quarter of 2022, final data showed on Friday.

According to a final estimate from the Office...

Fri, 31/03/2023 - 07:19


UK businesses face squeeze amid tax changes, energy support reduction

Hundreds of thousands of UK small and medium-sized businesses will face a multi-pronged hit from the start of April, as energy bill support is slashed...

Fri, 31/03/2023 - 06:02


UK claims post-Brexit win by sealing trans-Pacific trade membership

The UK will join 11 other countries in a major Asia-Pacific trade partnership, Prime Minister Rishi Sunak announced Friday, in the country’s biggest post-Brexit trade...

Fri, 31/03/2023 - 06:00


London hits out at Washington’s green energy subsidies

The UK on Thursday warned against the threat of protectionism as it slammed the US for leading a ‘distortive’ green energy subsidy race.

UK Chancellor Jeremy...

Thu, 30/03/2023 - 17:56


UK PM says ‘fantastic progress’ made in CPTPP trade bloc talks

UK Prime Minister Rishi Sunak said ‘fantastic progress’ has been made in talks on joining an Indo-Pacific free trade bloc, amid expectations that the UK...

Thu, 30/03/2023 - 13:46


UK water firms set for tougher rules on bonuses for top bosses

UK water companies are facing tougher rules on bonuses for top bosses under plans outlined by the industry watchdog to ensure payouts are only made...

Thu, 30/03/2023 - 11:56


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