Economic news and events

UK retail sales were weaker than expected in November, numbers on Friday showed, declining on-month and registering tamer on-year growth than forecast.

The Office for...

UK public sector borrowing was higher than expected last month, but shrunk on year, numbers on Friday showed.

According to the Office for National Statistics,...

The British government on Thursday named career diplomat Christian Turner as its new ambassador to the US, replacing Peter Mandelson who was sacked over his...

The Bank of England on Thursday reduced interest rates by 25 basis points but said judgements around further policy easing will become a ‘closer call’.

In...

Chancellor Rachel Reeves has said she does not believe the assertion that 1,000 jobs are being lost in the North Sea every month as a...

UK Business Secretary Peter Kyle was ‘convinced’ there is a path to sustainability for the ethylene plant in Grangemouth ahead of a £120 million Government...

Ireland’s trade surplus narrowed in October as goods imports increased, according to Ireland’s Central Statistics Office data published on Wednesday.

The value of goods imports rose...

The UK will rejoin the EU’s Erasmus student exchange scheme, the government has confirmed.

EU relations minister Nick Thomas-Symonds said the breakthrough ‘is a huge win...

The UK government has granted planning permission for the construction of the first Universal Studios theme park in Europe.

Steve Reed, secretary of state for Housing,...

Downing Street has insisted the UK is still in ‘active conversations’ with the US on a technology prosperity deal after a report that the US...