Economic news and events


Starmer not ruling out tech tax changes as part of future trade deal

UK Prime Minister Keir Starmer has declined to rule out changes to taxes on tech giants as part of a future trade deal with the...

Fri, 09/05/2025 - 18:22


Tariffs not causing ‘dramatic’ shift in UK economy, BoE’s Pill says

Tariffs and trade uncertainty are not causing a ‘dramatic’ shift in the UK economy, the Bank of England’s chief economist has said, as he cautioned...

Fri, 09/05/2025 - 14:42


Energy suppliers pay out £7 million after overcharging 34,000

Ten energy suppliers have paid out around £7 million in compensation and refunds after an error led to some customers being overcharged, the UK’s energy...

Fri, 09/05/2025 - 13:18


Irish manufacturing output up in first quarter on Modern sector boost

Ireland’s manufacturing sector saw a sharp rise in production in the first quarter of 2025, fuelled by strong gains in the multinational-dominated Modern sector, figures...

Fri, 09/05/2025 - 11:39


UK must seek to ‘rebuild’ EU trade relationship - BoE’s Bailey

The governor of the Bank of England has said he hopes the UK can ‘rebuild’ trade relationships with the EU after striking a trade deal...

Fri, 09/05/2025 - 10:29


UPDATE: Starmer says UK-US trade deal will save car and steel jobs

A ‘historic’ UK-US trade deal will save thousands of jobs in the car and steel industries which have been threatened by Donald Trump’s tariffs, Keir...

Thu, 08/05/2025 - 19:09


Starmer and Trump hail ’historic day’ as UK and US agree trade deal

The conclusion of a US-UK trade agreement is a ‘fantastic, historic day’, Keir Starmer has said as he and Donald Trump formally announced the deal.

Speaking...

Thu, 08/05/2025 - 16:28


UPDATE: Bailey says no ‘auto-pilot’ for BoE as welcomes US-UK pact

Bank of England Governor Andrew Bailey on Thursday welcomed the prospect of a UK trade agreement with the US, which he believes would help ‘reduce...

Thu, 08/05/2025 - 13:52


Bank of England cuts rates by 25 basis points in 3-way vote split

The Bank of England on Thursday lowered interest rates, as expected, although the vote make-up was more hawkish than predicted.

The BoE’s Monetary Policy Committee...

Thu, 08/05/2025 - 12:18


UPDATE: Trump calls US-UK agreement ‘full and comprehensive’

US President Donald Trump on Thursday called a forthcoming agreement with Britain ‘full and comprehensive’, after US media reported that the two countries were expected...

Thu, 08/05/2025 - 11:54


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