Economic news and events


Bank of England to ease rules for smaller and mid-sized banks

The Bank of England has said it will implement rules which will make it easier for mid-sized banks to compete in the mortgage market and...

Tue, 15/07/2025 - 08:31


Trump says Russia facing ‘severe’ tariffs if Ukraine war not resolved

US President Donald Trump on Monday told Russia to resolve its Ukraine war within 50 days or face massive new economic sanctions as he laid...

Mon, 14/07/2025 - 17:09


UK Chancellor Rachel Reeves does not rule out new wealth tax

Rachel Reeves has not ruled out the possibility of a new wealth tax but insisted commitments not to hike tax for ‘working people’ remained.

The UK...

Mon, 14/07/2025 - 13:59


UK PM Starmer to meet Trump during Scotland trip ahead of state visit

UK Prime Minister Keir Starmer will meet Donald Trump when the US president visits Scotland ahead of his second state visit to the UK.

Trump is...

Mon, 14/07/2025 - 13:43


Trump to be hosted by King at Windsor during second state visit

Donald Trump will be hosted by the King and Queen at Windsor Castle during his unprecedented second state visit to the UK in September.

The US...

Mon, 14/07/2025 - 09:31


UK chancellor guided by fairness, minister says on wealth tax calls

The UK government will be guided by ‘fairness’ on tax, a senior Cabinet minister said when asked if tax rises are coming in the autumn...

Sun, 13/07/2025 - 10:13


US tariff announcement is deeply regrettable - Ireland Deputy PM

Ireland’s deputy premier Simon Harris has described an announcement from Donald Trump that the EU and Mexico will face a 30% tariff on imports to...

Sun, 13/07/2025 - 09:59


Baseline US tariffs on most UK goods ‘here to stay’ - ambassador

A baseline 10% tariff on most UK goods heading for the US is likely ‘here to stay’, Peter Mandelson has said.

The UK’s ambassador to the...

Sun, 13/07/2025 - 09:58


Germany’s Merz to make first official visit to London on July 17

German Chancellor Friedrich Merz will travel to London on July 17 in his first visit there since taking office in May, Berlin said Friday.

Merz will...

Fri, 11/07/2025 - 13:48


UPDATE: UK trade deficit slims in May amid return to US export growth

The UK trade deficit narrowed in May, as exports rose and imports were largely steady, numbers on Friday showed.

The Office for National Statistics said exports...

Fri, 11/07/2025 - 10:29


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