Economic news and events


UK’s Reeves insists tax on working people kept at ‘absolute minimum’

Rachel Reeves has insisted taxes have been kept at ‘an absolute minimum on ordinary working people’, even as an influential think tank said low-to-middle earners...

Thu, 27/11/2025 - 09:57


UK chancellor to face more questions after budget overshadowed by leak

Rachel Reeves will face further questions after delivering a budget that raised tax by £26 billion but was overshadowed by an unprecedented leak.

The UK chancellor’s...

Thu, 27/11/2025 - 06:37


UK allows new oil, gas drilling in existing North Sea fields

Britain’s government signalled on Wednesday it could issue permits for oil and gas extraction around existing North Sea fields, despite a promise to halt licences...

Wed, 26/11/2025 - 21:56


UK BUDGET: Chancellor unveils hefty tax hikes amid pre-budget chaos

The UK chancellor on Wednesday laid out a raft of tax raising measures as she seeks to increase her fiscal buffer and calm nerves in...

Wed, 26/11/2025 - 13:54


UK BUDGET: OBR says Chancellor to raise headroom to £22 billion

The Office for Budget Responsibility on Wednesday released details, apparently in error, of its economic forecasts and tax raising measures in chaotic scenes ahead of...

Wed, 26/11/2025 - 12:32


UK BUDGET: Tax up, growth downgraded as budget details released early

The UK’s economy will grow more slowly than predicted over the next four years, according to a forecast that was published early in a budget...

Wed, 26/11/2025 - 12:18


Ireland’s Harris responds to warning by Irish Fiscal Advisory Council

Tanaiste Simon Harris has said the Irish economy is ‘in a position of relative strength’ after a watchdog said the government is ‘budgeting like there’s...

Wed, 26/11/2025 - 10:08


UK’s Reeves says public angry at unfairness in economy ahead of budget

Rachel Reeves acknowledged people are ‘angry at unfairness’ in the British economy ahead of unveiling her second budget on Wednesday.

In a filmed address ahead of...

Wed, 26/11/2025 - 06:32


UK chancellor calls for party unity ahead of tax-raising budget

UK Chancellor Rachel Reeves has urged Labour MPs to back her forthcoming budget, as the final day before the major government financial statement dawns.

The chancellor...

Tue, 25/11/2025 - 06:57


UK critical minerals strategy aims for supply chain resilience by 2035

(Allince News) - The UK government on Saturday published a policy paper outlining a critical minerals strategy which aims to optimise domestic production and build...

Mon, 24/11/2025 - 06:05


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