Economic news and events


UK revives Pensions Commission on fears workers are saving too little

Ministers in the UK are to resurrect the Pensions Commission amid fears that today’s workers face a greater risk of poverty in retirement than their...

Mon, 21/07/2025 - 09:26


Abolish water regulator Ofwat, landmark review in UK recommends

The system for regulating water companies should be overhauled and replaced with one body for England and one body for Wales, a landmark review of...

Mon, 21/07/2025 - 06:56


UK Labour government nationalises second train company

The nationalisation of a second train company by the Labour government in the UK has been completed.

Operator c2c, which runs services between London Fenchurch Street...

Sun, 20/07/2025 - 11:01


UK sanctions Russian spies trying to ‘destabilise Europe’

The UK has sanctioned a string of Russian spies and hackers, accusing them of carrying out a campaign to ‘destabilise Europe’.

Those sanctioned include a unit...

Sat, 19/07/2025 - 11:22


Lloyds Banking to make £4 billion available for first-time buyers

Lloyds Banking Group PLC will make an extra £4 billion available to first-time buyers borrowing at high loan-to-income ratios, following recent mortgage lending reforms.

The banking...

Thu, 17/07/2025 - 16:46


UPDATE: Starmer says UK will ‘work ever more closely’ with Germany

Keir Starmer has hailed the ‘closeness’ of the UK and Germany, as the two nations signed a treaty that is set to free up school...

Thu, 17/07/2025 - 13:47


Irish trade surplus grows 10% in May; surplus with US up around 4%

Ireland’s trade surplus climbed in May, boosted in particular by intra-EU trade, data published by the Central Statistics Office showed Thursday.

The country’s trade surplus rose...

Thu, 17/07/2025 - 11:53


Trump says he will meet UK PM Starmer in ‘oil capital’ of Aberdeen

Donald Trump has backed oil and gas over ‘detrimental’ wind power projects as he said he will meet Keir Starmer for talks in the European...

Thu, 17/07/2025 - 10:08


UK unemployment rate unexpectedly rises to 4.7% in May

The UK jobless rate increased in May, average weekly earnings eased and the number of job vacancies, in another sign that the labour market is...

Thu, 17/07/2025 - 07:16


Starmer to host Merz in German chancellor’s first official visit to UK

Keir Starmer will host German chancellor Friedrich Merz on his first official visit to the UK on Thursday as the prime minister seeks to boost...

Thu, 17/07/2025 - 06:41


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