Economic news and events


UK welfare rebellion looms for PM despite concessions to Labour rebels

UK Prime Minister Keir Starmer continues to face the prospect of a major rebellion over his welfare cuts despite making concessions to disgruntled Labour MPs.

Ministers...

Tue, 01/07/2025 - 07:42


Bid to mitigate post-Brexit EU food labelling law hit by hold-up

A move to give ministers an emergency power to counter the commercial fallout of EU law post-Brexit suffered a delay after a late-night ambush at...

Tue, 01/07/2025 - 06:51


UK welfare U-turn will cost £2.5b by 2030, Liz Kendall tells MPs

The UK government’s U-turn on welfare cuts will cost taxpayers around £2.5 billion by 2030, the Work & Pensions Secretary has told MPs as she...

Mon, 30/06/2025 - 17:09


Ireland consumer price inflation picks up; retail sales fall monthly

Ireland’s harmonised consumer price inflation rate is expected to have picked up in June, preliminary data published by the Central Statistics Office showed Monday.

The country’s...

Mon, 30/06/2025 - 11:21


UK mortgage approvals unexpectedly increase on-month in May

UK mortgage approvals were higher than expected in May, numbers from the Bank of England showed on Monday.

Net mortgage approvals for house purchases rose...

Mon, 30/06/2025 - 09:57


UK GDP increases 0.7% in first quarter, in line with expectations

UK gross domestic product grew as expected during the first quarter of 2025, according to data from the Office for National Statistics on Monday.

Real...

Mon, 30/06/2025 - 07:17


UK welfare concessions to be set out ahead of crunch vote

The UK government is to set out the concessions it has made to its welfare reforms in the hope that the climbdown on cuts will...

Mon, 30/06/2025 - 06:54


US tariff relief for UK carmakers and aerospace comes into force

Tariff cuts for the UK automotive and aerospace sectors have come into force after Prime Minister Keir Starmer finalised parts of a deal for relief...

Mon, 30/06/2025 - 06:38


Starmer: Foreign affairs delayed me dealing with welfare rebellion

Keir Starmer has said he did not get to grips with the growing rebellion over welfare reforms earlier as he was focused on international affairs.

He...

Sun, 29/06/2025 - 11:04


Warnings of tax rises after Downing Street welfare U-turn

There are predictions of tax rises in the autumn budget after Keir Starmer U-turned on welfare reforms in the face of a backbench rebellion.

The Prime...

Sat, 28/06/2025 - 10:36


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