Economic news and events


Rural UK councils to get money for remoteness cost in funding shake-up

Rural councils in the UK are to get more money to pay for the cost of ‘remoteness’ as part of a funding shake-up, ministers have...

Thu, 03/07/2025 - 12:05


UK Chancellor Rachel Reeves appears in public day after PMQs tears

UK Chancellor Rachel Reeves has appeared in public with Prime Minister Keir Starmer a day after breaking down in tears alongside the prime minister in...

Thu, 03/07/2025 - 11:49


UK home buyer mortgage demand eyed by lenders to soften over summer

UK mortgage demand from home buyers is expected to soften over the summer, according to a Bank of England survey of lenders.

Lenders reported that demand...

Thu, 03/07/2025 - 10:57


UK service sector activity grows at fastest pace for 10 months in June

The UK service sector grew at its fastest rate for 10 months in June, supported by increased new orders, numbers on Thursday showed.

The S&P Global...

Thu, 03/07/2025 - 10:22


UPDATE: No 10 says UK PM Starmer backs Reeves after tears in Commons

Rachel Reeves is ‘going nowhere’ and will remain as UK chancellor, Downing Street said, despite Prime Minister Keir Starmer declining to give her a public...

Wed, 02/07/2025 - 13:43


UK’s Reeves battles tears as PM declines to back her staying in post

UK Chancellor Rachel Reeves appeared to cry in the Commons as Keir Starmer declined to guarantee she would remain in place until the election.

The UK...

Wed, 02/07/2025 - 13:40


UK’s Starmer defends welfare reform package despite climbdown over Pip

Keir Starmer defended his welfare reform plans despite being forced into a humiliating climbdown which leaves an almost £5 billion black hole in the UK...

Wed, 02/07/2025 - 12:19


National Health Service workers in Wales vote to strike over pay

National Health Service staff across Wales have voted to take strike action in a dispute over pay.

Members of Unite rejected a 3.6% pay award and...

Wed, 02/07/2025 - 12:16


UK to ban ‘exploitative’ zero-hours contracts from 2027

A ban in the UK on ‘exploitative’ zero-hours contracts and ‘day-one’ protections against unfair dismissal will not come into force until 2027 as the government...

Wed, 02/07/2025 - 11:20


UK minister declines to rule out tax rises; welfare climbdown warning

There will be ‘financial consequences’ to UK Prime Minister Keir Starmer’s last-minute climbdown on welfare reform, a Cabinet minister has said, as he declined to...

Wed, 02/07/2025 - 08:42


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