Economic news and events


TOP NEWS: UK grocery price inflation hits another record high at 15%

Grocery price inflation has hit another new record high in the UK, the latest market survey from Kantar revealed on Tuesday, with the data analytics...

Tue, 08/11/2022 - 09:46


UK households start to receive £324 cost-of-living payments

Millions of people on low incomes will start to receive payments of £324 into their bank accounts from Tuesday as part of the UK government's...

Tue, 08/11/2022 - 06:21


UK PM Sunak mulls raising state pensions and benefits with inflation

UK Prime Minister Rishi Sunak is considering raising state pensions and benefits in line with inflation in a move that would likely usher in deeper...

Tue, 08/11/2022 - 05:51


UK retail sales slow as consumers turn to pre-owned Christmas gifts

UK retail sales slowed in October as retailers brace themselves for consumers opting for pre-loved gifts and strict budgets this Christmas to cope with soaring...

Tue, 08/11/2022 - 05:49


UK lenders told to 'step up' by regulator as mortgage rates surge

Bosses of the UK's financial watchdog have said lenders need to "step up" to support stressed homeowners facing surging mortgage rates.

Richard Lloyd, the interim...

Mon, 07/11/2022 - 17:48


UK Defence Secretary denies Russia claims of UK involvement in attacks

Moscow has yet to provide its "ground-breaking evidence" to support allegations of UK involvement in attacks on Russian targets, according to the Defence Secretary.

Ben...

Mon, 07/11/2022 - 17:39


UK Defence Secretary to meet PM and Chancellor this week over spending

Defence Secretary Ben Wallace will seek to "protect our armed forces" from inflation pressures during key budget talks with Rishi Sunak and Jeremy Hunt this...

Mon, 07/11/2022 - 17:38


Environment Agency warns UK can still suffer from floods during drought

An Environment Agency boss has warned the UK could suffer from flooding this winter despite areas being in drought, saying "climate change is happening now"....

Mon, 07/11/2022 - 15:26


Sunak, von der Leyen agree on need to 'work together' on NI Protocol

UK Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen agreed to "work together" to end the row over the Northern Ireland...

Mon, 07/11/2022 - 15:25


UPDATE: China lashes out at UK over trade talks in Taiwan

China has lashed out at the UK for sending Trade Minister Greg Hands to talks in Taiwan, insisting that "official contacts" with the self-governing island...

Mon, 07/11/2022 - 11:42


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