Economic news and events


UK upper house approves social media ban for under-16s

Britain’s upper house of parliament voted Wednesday in favour of banning under?16s from using social media, raising pressure on the government to match a similar...

Wed, 21/01/2026 - 22:57


Trump hits out at UK over North Sea oil barriers at Davos

US president Donald Trump has hit out at the UK’s green energy policies and claimed mass migration had left Europe unrecognisable.

He told reporters at the...

Wed, 21/01/2026 - 16:08


UK Chancellor Reeves hails £1.5 billion of investment at Davos

Rachel Reeves has announced £1.5 billion of private investment in Britain as she attends a Davos conference overshadowed by US President Donald Trump’s threat of...

Wed, 21/01/2026 - 12:42


UK house prices up 2.5% on-year in November despite budget concerns

Annual house price growth in the UK lifted to 2.5% in November, according to official figures.

The Office for National Statistics reported the increase from 1.9%...

Wed, 21/01/2026 - 10:58


UK-China business forum to be revived during expected PM Starmer trip

The UK and China will seek to re-establish a business dialogue of top executives during UK Prime Minister Keir Starmer’s widely-expected visit to Beijing, Reuters...

Wed, 21/01/2026 - 09:57


UK inflation rises more than expected to 3.4% in December

UK inflation unexpectedly rose more than expected in December, according to figures published on Wednesday by the Office for National Statistics.

The consumer prices index including...

Wed, 21/01/2026 - 07:24


UK rejoining EU customs union would mean losing benefit of trade deals

Re-joining the EU customs union would mean losing the benefit of new trade deals and is not on the cards, the UK chancellor Rachel Reeves...

Tue, 20/01/2026 - 16:42


UK universal credit claimants rise by more than a million in 2025

The number of universal credit (UC) claimants in Britain jumped by more than a million in 2025 in the biggest annual increase since the start...

Tue, 20/01/2026 - 13:06


Personal insolvencies in England and Wales reach 15-year high in 2025

The number of people becoming financially insolvent across England and Wales jumped to a 15-year high last year, according to Insolvency Service figures.

The number taking...

Tue, 20/01/2026 - 11:35


US speaker aims to calm waters on UK trip amid Trump Greenland threats

The speaker of the US House of Representatives has sought to assure MPs and peers that the US and UK will ‘work through our differences...

Tue, 20/01/2026 - 10:55


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