Economic news and events


UPDATE: Mordaunt throws hat in ring in race to be new UK PM

Penny Mordaunt has become the first candidate to throw her hat into the ring in the race to succeed Liz Truss as UK prime minister,...

Fri, 21/10/2022 - 16:15


Next UK PM's job to decide on Hunt's Halloween budget plan

The new UK prime minister will have to decide whether to go ahead with the planned Halloween statement setting out how the government intends to...

Fri, 21/10/2022 - 13:54


UK Covid-19 infections hit two million but increase may be slowing

Total Covid-19 infections in the UK have climbed above two million for the first time since July, but levels are not rising in all parts...

Fri, 21/10/2022 - 13:32


UPDATE: UK defence secretary backs former PM Johnson to take charge

UK Defence Secretary Ben Wallace has thrown his weight behind Boris Johnson to succeed Liz Truss as prime minister as he ruled himself out of...

Fri, 21/10/2022 - 13:10


UK by-election to come as Chester Labour MP Chris Matheson resigns

Labour MP Christian Matheson has resigned after a report by a UK parliamentary watchdog found him guilty of "serious sexual misconduct".

The Chester MP was...

Fri, 21/10/2022 - 12:11


Stability of UK economy in Ireland's interest - finance minister

Ireland's finance minister has said it is in Ireland's interest that the UK economy is stable in the wake of the departure of Liz Truss...

Fri, 21/10/2022 - 11:09


UPDATE: UK chancellor to do "whatever necessary" to bring down debt

The UK chancellor has vowed to do "whatever necessary" to drag government debt lower after official figures revealed that borrowing swelled to £20 billion in...

Fri, 21/10/2022 - 11:07


Speculation mounts over who will bid to replace departing UK PM Truss

Tories have begun to declare their allegiances in the party's second leadership contest of the year as speculation mounts over who will seek to replace...

Fri, 21/10/2022 - 11:05


UK government borrowing surges in September amid political turmoil

The UK government borrowed over £20 billion last month, figures on Friday showed, making it the second-highest September borrowing figure since records began.

According...

Fri, 21/10/2022 - 10:22


TOP NEWS: UK retail sales drop 6.9% annually in September

UK retail sales suffered a bigger-than-expected decline in September, according to figures from the Office of National Statistics on Friday.

Retail sales fell 6.9%...

Fri, 21/10/2022 - 07:17


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