Economic news and events


Genel and Gulf Keystone suspend production after drone attacks in Iraq

Explosive-laden drones hit three oil fields in Iraq’s northern autonomous Kurdistan region early Wednesday, Kurdish forces said, a day after a similar attack shut operations...

Wed, 16/07/2025 - 08:24


UK consumer price inflation rate hotter than expected at 3.6% in June

UK consumer price inflation was more robust than expected last month, numbers on Wednesday showed, hitting the loftiest rate in a year-and-a-half.

According to the...

Wed, 16/07/2025 - 07:11


’Urgent’ need for digital reform of banking payments - BoE’s Bailey

Bank of England governor Andrew Bailey has said that ‘urgent’ reforms of retail banking payments should be a priority as he remains to be ‘convinced’...

Tue, 15/07/2025 - 21:19


Britain cannot grow without ’fighting fit’ finance sector - Chancellor

Chancellor Rachel Reeves told City bosses on Tuesday that Britain cannot meet its growth ambitions without a ‘fighting fit and thriving’ finance sector, as she...

Tue, 15/07/2025 - 21:18


Big UK financial reforms to bring risk-taking back into City

UK Chancellor Rachel Reeves has unveiled a package of reforms to the UK’s financial system set to be the biggest in a decade, aimed at...

Tue, 15/07/2025 - 12:31


Bank of England to ease rules for smaller and mid-sized banks

The Bank of England has said it will implement rules which will make it easier for mid-sized banks to compete in the mortgage market and...

Tue, 15/07/2025 - 08:31


Trump says Russia facing ‘severe’ tariffs if Ukraine war not resolved

US President Donald Trump on Monday told Russia to resolve its Ukraine war within 50 days or face massive new economic sanctions as he laid...

Mon, 14/07/2025 - 17:09


UK Chancellor Rachel Reeves does not rule out new wealth tax

Rachel Reeves has not ruled out the possibility of a new wealth tax but insisted commitments not to hike tax for ‘working people’ remained.

The UK...

Mon, 14/07/2025 - 13:59


UK PM Starmer to meet Trump during Scotland trip ahead of state visit

UK Prime Minister Keir Starmer will meet Donald Trump when the US president visits Scotland ahead of his second state visit to the UK.

Trump is...

Mon, 14/07/2025 - 13:43


Trump to be hosted by King at Windsor during second state visit

Donald Trump will be hosted by the King and Queen at Windsor Castle during his unprecedented second state visit to the UK in September.

The US...

Mon, 14/07/2025 - 09:31


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