Economic news and events


US tariff announcement is deeply regrettable - Ireland Deputy PM

Ireland’s deputy premier Simon Harris has described an announcement from Donald Trump that the EU and Mexico will face a 30% tariff on imports to...

Sun, 13/07/2025 - 09:59


Baseline US tariffs on most UK goods ‘here to stay’ - ambassador

A baseline 10% tariff on most UK goods heading for the US is likely ‘here to stay’, Peter Mandelson has said.

The UK’s ambassador to the...

Sun, 13/07/2025 - 09:58


Germany’s Merz to make first official visit to London on July 17

German Chancellor Friedrich Merz will travel to London on July 17 in his first visit there since taking office in May, Berlin said Friday.

Merz will...

Fri, 11/07/2025 - 13:48


UPDATE: UK trade deficit slims in May amid return to US export growth

The UK trade deficit narrowed in May, as exports rose and imports were largely steady, numbers on Friday showed.

The Office for National Statistics said exports...

Fri, 11/07/2025 - 10:29


UK cash Isa limits set to be left untouched at next week’s speech

Cash individual savings accounts in the UK will be left untouched at next week’s Mansion House speech, in a move that has been welcomed by...

Fri, 11/07/2025 - 10:13


UK trade deficit slims in May amid return to US export growth

The UK trade deficit narrowed in May, as exports rose and imports were largely steady, numbers on Friday showed.

The Office for National Statistics said...

Fri, 11/07/2025 - 09:13


UK minister declines to rule out tax rises amid welfare climbdown warn

There will be ‘financial consequences’ to UK Prime Minister Keir Starmer’s last-minute climbdown on welfare reform, a Cabinet minister has said, as he declined to...

Fri, 11/07/2025 - 08:02


UK economy shrinks for second month running with 0.1% May contraction

The UK economy suffered another decline in May, falling well-short of expectations of growth, numbers son Friday showed.

According to the Office for National Statistics,...

Fri, 11/07/2025 - 07:10


London, Paris tighten nuclear bond over US, Russia concerns

Britain and France took a key step to underpin Europe’s security by agreeing to tighten nuclear cooperation, as the region frets over the US commitment to...

Thu, 10/07/2025 - 17:28


ONS to resume PPI releases in October after review identifies errors

The Office for National Statistics on Thursday said it will restart producer price inflation data releases in October after stating that a review found prior...

Thu, 10/07/2025 - 12:27


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