Economic news and events


BoE chief says world ‘too unpredictable’ when forecasting UK outlook

The governor of the Bank of England has said the unpredictability of world events including tariffs and conflict in the Middle East makes it hard...

Wed, 25/06/2025 - 06:44


UPDATE: UK PM tells Cabinet ‘we will reform welfare’ amid rebellion

Keir Starmer faces a showdown with Labour rebels after vowing to press ahead with welfare reforms despite a brewing revolt over planned cuts to disability...

Tue, 24/06/2025 - 14:44


No UK tax rises on working people to reach 5% defence spending pledge

Keir Starmer said Labour would stick to its commitment not to raise taxes to reach a new defence and security spending pledge of 5% of...

Tue, 24/06/2025 - 14:42


UK seeks ‘trade and investment relationship’ with China despite risk

Chinese spying, interference in the UK’s democracy and attempts to undermine the economy have increased in recent years, the UK government said.

Ministers promised ‘greater robustness...

Tue, 24/06/2025 - 13:59


BoE rate-setter in ’uncomfortable place’ amid worries over inflation

Bank of England interest rate-setter Megan Greene has cautioned that recent rises in inflation could prove longer-lasting than forecast, leaving policymakers in an ‘uncomfortable place’.

In...

Tue, 24/06/2025 - 11:33


CORRECT: UK grocery sales up but inflation leap fuels price worry

(Kantar corrects to say June grocery price inflation rate was highest since February 2024.)

UK grocery sales climbed over the past three months, with supermarket footfall...

Tue, 24/06/2025 - 10:50


UK grocery sales up but inflation leap fuels price worry - Kantar

UK grocery sales climbed over the past three months, with supermarket footfall spiking to a five-year high, though price inflation has intensified, Kantar said on...

Tue, 24/06/2025 - 08:35


More than 100 MPs threaten to halt UK welfare reforms in rebellion

More than 100 Labour MPs have signed their names to a Commons bid to halt the UK government’s welfare reforms in their tracks, enough to...

Tue, 24/06/2025 - 07:40


UK PM heads to Nato summit as Trump declares Israel-Iran ceasefire

The UK prime minister heads to a Nato summit on Tuesday amid uncertainty surrounding a ceasefire between Israel and Iran announced by US President Donald...

Tue, 24/06/2025 - 06:37


UPDATE: Oil firms evacuate some Iraq staff, state-owned Basra says

Foreign oil firms including giants BP PLC and TotalEnergies SE evacuated some foreign staff from southern Iraq amid regional tensions, the state-owned Basra Oil Co...

Mon, 23/06/2025 - 17:19


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