Economic news and events

Consumer confidence edges up as UK grapples with 'new abnormal'

Consumer confidence rose slightly in October but remains at near historic lows as the UK grapples with the "new abnormal" of soaring energy, food and...

Fri, 21/10/2022 - 05:46

UPDATE: Johnson loyalists call for return as Truss ends chaotic term

Boris Johnson will need the support of at least 100 Tory MPs if he is to make a spectacular comeback to replace Liz Truss who...

Thu, 20/10/2022 - 20:29

UPDATE: UK Conservative party sets high bar for rapid leadership vote

Britain's Conservative Party on Thursday set a high threshold of at least 100 lawmaker nominations for any leadership hopefuls, effectively limiting the race to three...

Thu, 20/10/2022 - 18:05

UPDATE: UK opposition leader calls for general election as PM resigns

UK Prime Minister Liz Truss has announced her resignation after a chaotic 44 days in office during which she lost the confidence of Tory members...

Thu, 20/10/2022 - 14:14

TOP NEWS: Liz Truss resigns as UK PM; leadership contest within week

UK Prime Minister Liz Truss on Thursday said she will step down as soon as a successor is chosen, rounding off a short but tumultuous...

Thu, 20/10/2022 - 13:49

UPDATE: UK PM Truss meets 1922 Committee chair amid "difficult day"

UK Prime Minister Liz Truss has met the senior Conservative responsible for establishing whether she commands the confidence of her MPs as she battles an...

Thu, 20/10/2022 - 12:56

TOP NEWS: BoE's Broadbent hints rates may not rise as much as expected

The Bank of England's deputy governor of monetary policy has questioned whether "dramatic" hikes in interest rates are necessary amid signs global prices are stabilising....

Thu, 20/10/2022 - 12:50

UK watchdog advocates measures to boost North Sea oil and gas output

Oil and gas production in the North Sea should be boosted in the coming years through a number of measures, the UK regulating body has...

Thu, 20/10/2022 - 11:44

UPDATE: UK PM Truss on brink following vote chaos and Braverman exit

UK Prime Minister Liz Truss is battling to contain the fallout from a calamitous 24 hours for her premiership which saw a Cabinet minister resign...

Thu, 20/10/2022 - 09:32

Bank of England "blindsided" by unexpected elements of mini-budget

The deputy governor of the Bank of England has said that the government did not fully brief the bank on its mini-budget and sweeping tax-cutting...

Wed, 19/10/2022 - 17:51

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