Economic news and events


UK GDP increases 0.3% in second quarter, in line with expectations

UK gross domestic product grew as expected during the second quarter of 2025, according to data from the Office for National Statistics on Tuesday.

Real GDP...

Tue, 30/09/2025 - 07:12


UK shop price inflation speeds up in September, driven by non-food

UK shop price inflation accelerated in September, driven by non-food prices, data published by NielsenIQ and the British Retail Consortium showed Tuesday.

Annual shop price inflation...

Tue, 30/09/2025 - 00:18


UPDATE: UK Chancellor Rachel Reeves warns of hard choices to come

Rachel Reeves has said she is facing ‘harsh global headwinds’ as she hinted at further tax rises to come in the Budget.

The UK chancellor used...

Mon, 29/09/2025 - 14:44


Ireland retail sales slip in August but still higher annually - CSO

Irish retail sales fell in August from the previous month, dragged down by weaker department store and motor trade activity, though volumes remained higher than...

Mon, 29/09/2025 - 11:39


UK Chancellor Reeves says ‘world has changed’ as hints at tax rises

Rachel Reeves hinted at tax rises in the Budget but insisted Labour’s manifesto commitment ‘stands’ on VAT rules as she unveiled plans to guarantee work...

Mon, 29/09/2025 - 11:13


UK mortgage approvals down slightly but in line with forecast

UK mortgage approvals were in line with expectations last month, numbers from the Bank of England showed Monday.

The central bank said mortgage approvals totalled...

Mon, 29/09/2025 - 09:52


Tradespeople struggling with growing costs and bureaucracy

Electricians, plumbers, painters and decorators and other tradespeople are struggling to expand their businesses because of growing costs, the burden of bureaucracy and major hiring...

Mon, 29/09/2025 - 00:37


UK chancellor takes aim at Burnham’s ’in hock to bond markets’ comment

Rachel Reeves would like to be ‘less in hock to the bond markets’ but the nation relies on them, she has warned in an attack...

Sat, 27/09/2025 - 09:38


UK Prime Minister Starmer faces calls to scrap two-child benefit cap

Backbench Labour MPs and several education unions have called for an end to the two-child benefit cap, as Keir Starmer heads to Liverpool for his...

Sat, 27/09/2025 - 09:36


UK to launch digital ID scheme to curb illegal migration

UK Prime Minister Keir Starmer on Friday announced plans to introduce free digital ID for both nationals and those residing in the country in a...

Fri, 26/09/2025 - 08:34


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