Economic news and events


UK government announces concessions to welfare bill after talks

People who currently receive the personal independence payment, Pip, will continue to do so after the UK government made concessions to Labour rebels on controversial...

Fri, 27/06/2025 - 06:40


BoE governor flags signs that employment tax hikes hitting pay, jobs

Bank of England Governor Andrew Bailey has cautioned over growing evidence that employment tax hikes are hitting pay and jobs rather than leading to price...

Thu, 26/06/2025 - 15:51


Port Talbot plant does not meet US rules to get steel tariff exemption

UK Trade Secretary Jonathan Reynolds said that the Tata Steel plant in Port Talbot does not meet ‘melt and pour’ rules needed to get exemptions...

Thu, 26/06/2025 - 14:29


UK PM Keir Starmer seeking to quell revolt over welfare reform plan

UK Prime Minister Keir Starmer is trying to head off a growing Labour rebellion over the government’s welfare reforms.

Downing Street insiders said talks were taking...

Thu, 26/06/2025 - 08:13


Donald Trump’s state visit to UK set for September due to busy diaries

Donald Trump is to make a full state visit to the UK this year after the King and the US president’s busy diaries mean they...

Wed, 25/06/2025 - 13:40


UK PM says welfare reform vote will go ahead despite mounting revolt

Keir Starmer has insisted he will have a showdown with Labour rebels over the welfare reforms which have split his party.

The UK prime minister said...

Wed, 25/06/2025 - 09:41


No tax rises on working people to reach 5% defence spend aim - UK PM

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...

Wed, 25/06/2025 - 07:00


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


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