Economic news and events


UK car production falls to second worst April since 1952

Car manufacturing in the UK fell by 8.6% on year in April to its lowest level for that month since 1952, other than the Covid-19...

Thu, 29/05/2025 - 07:26


Thames Water hit with biggest ever fine over pollution and dividends

Thames Water has been fined £122.7 million after two investigations into wastewater and dividend payments, in the largest penalty Ofwat has ever issued, the regulator...

Wed, 28/05/2025 - 07:37


Average UK home sale ‘being agreed at £16,000 below asking price’

House sellers in the UK are agreeing sales at £16,000 below the asking price typically, according to a property website.

Zoopla, which said the mean average...

Wed, 28/05/2025 - 06:38


US-EU trade war ‘in nobody’s interest’, says Downing Street

A trade war is ‘in nobody’s interest’, Downing Street has said following US President Donald Trump’s threat to impose 50% tariffs on EU goods.

Trump threatened...

Tue, 27/05/2025 - 13:40


Resident doctors in England receive ballots for industrial action

Resident doctors in England, formerly known as junior doctors, have started receiving ballots for renewed industrial action following criticism of the government’s recent pay rise...

Tue, 27/05/2025 - 06:18


Labour pressure to ease welfare squeeze adds to Reeves’ headaches

Rachel Reeves is under pressure to find money to fund the winter fuel payment U-turn and ease child poverty amid mounting pressure from within Labour.

The...

Mon, 26/05/2025 - 10:25


Interest in Chinese EVs from UK car buyers soars

UK car buyers’ interest in cars built by Chinese manufacturers has soared, new figures show.

Auto Trader, the UK’s largest online automotive marketplace, said more than...

Mon, 26/05/2025 - 10:06


Renationalisation of Britain’s train services begins

The UK government’s renationalisation of rail services has started as trains operated by South Western Railway were taken into public control.

Transport Secretary Heidi Alexander, who...

Sun, 25/05/2025 - 10:36


US President Trump tells UK to drill oil, stop building wind turbines

US President Donald Trump on Friday urged Britain to drill for more oil rather than build wind turbines, just a fortnight after Washington signed a...

Fri, 23/05/2025 - 12:44


UPDATE: Household energy bills in Great Britain down by 7% from July

Household energy bills in Great Britain will fall by 7% from July, Ofgem has confirmed.

The typical bill will drop by £129 to £1,720 per year...

Fri, 23/05/2025 - 07:25


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