Economic news and events


UPDATE: UK PM in speech with business leaders amid gloomy backdrop

UK Prime Minister Rishi Sunak will give a speech to business leaders on Monday, as the country braces for tough tax rises and spending cuts....

Mon, 21/11/2022 - 05:47


REPEAT: UK must make tough choices on Brexit and immigration, says CBI

End arguments over Brexit and use immigration to solve worker shortages in a bid to boost UK economic growth, the CBI chief is set to...

Mon, 21/11/2022 - 05:16


UK must tough choices on Brexit, immigration to boost growth, says CBI

End arguments over Brexit and use immigration to solve worker shortages in a bid to boost UK economic growth, the CBI chief is set to...

Mon, 21/11/2022 - 05:15


PRESS: UK Labour leader Keir Starmer plans to abolish House of Lords

Keir Starmer would abolish the House of Lords and replace it with an elected chamber if he becomes prime minister.

The proposal, reported by The...

Sun, 20/11/2022 - 11:53


Cabinet minister denies UK considering Swiss-style links with EU

A UK Cabinet minister has denied a report that Rishi Sunak’s government is considering putting the UK on the road to a Swiss-style relationship with...

Sun, 20/11/2022 - 11:51


Varadkar defends record as prepares to return as Irish premier

Fine Gael leader Leo Varadkar has defended his record in government as he prepares to return as Irish premier next month.

He will take over...

Fri, 18/11/2022 - 21:58


TOP NEWS: UK retail sales grow 0.6% in October from September

UK retail sales performed better than expected in October, according to new data from the Office for National Statistics on Friday.

On an annual basis,...

Fri, 18/11/2022 - 07:25


UK consumer confidence at near historic low despite slight increase

UK consumer confidence rose slightly in November in a probable ‘collective sigh of relief’ after the chaos of the mini budget but remains at a...

Fri, 18/11/2022 - 05:49


UK bank surcharge cut; ‘so-called cut’ means 1% tax rise for sector

The UK's autumn budget confirmed the government will slash its tax surcharge on the banking sector to 3% from 8%.

The move aligns with the...

Thu, 17/11/2022 - 17:03


TOP NEWS: UK's Hunt says budget will ease "recession made in Russia"

Households will face increased energy bills, high inflation and tax hikes as the UK is hit by recession.

Chancellor Jeremy Hunt told members of Parliament...

Thu, 17/11/2022 - 13:46


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