Economic news and events


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


Ireland yearly consumer price inflation rate hots up to 2.2% in April

Ireland’s harmonised consumer price index inflation came in as expected in April, data published by the Central Statistics Office showed Thursday.

The country’s annual harmonised consumer...

Thu, 08/05/2025 - 11:13


UK PM promises ‘defence dividend’ through hike in military spending

UK Prime Minister Keir Starmer said the hike in defence spending to counter Vladimir Putin’s aggression in Europe would benefit businesses and families across the...

Thu, 08/05/2025 - 10:10


UK housing market shows ‘resilience’ as price growth picks up in April

UK house price growth picked up in April, according to numbers from Halifax on Thursday.

House prices rose 3.2% on-year last month, picking up speed...

Thu, 08/05/2025 - 09:06


UK PM to make statement on US trade talks amid reports deal reached

Prime Minister Keir Starmer will provide an update on trade talks with the US later on Thursday, Downing Street has said amid reports Donald Trump...

Thu, 08/05/2025 - 08:08


UK construction sector stays in decline on ‘business uncertainty’

The UK construction sector remained in the doldrums last month, numbers on Wednesday showed, as uncertainty hit decision-making on new projects.

The S&P Global construction...

Wed, 07/05/2025 - 09:56


UK ready to support de-escalation after India, Pakistan exchange fire

[Alliance News] - The UK is ready to ‘support’ India and Pakistan to de-escalate tensions following an exchange of fire over Kashmir, a Cabinet minister...

Wed, 07/05/2025 - 08:30


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