Economic news and events

UK economic forecasts have been downgraded for the next two years as trade tensions linked to US President Donald Trump’s tariff plans hit the global...

Britain faces ‘water rationing like we have in the Mediterranean’ without new reservoirs, the water minister has warned.

Emma Hardy has suggested water shortages could hit...

UK Trade Secretary Jonathan Reynolds is set to meet US officials on Tuesday as the UK aims to set a timeline for its exemption from...

Military drones and lasers will receive a £5 billion investment as the UK government bids to put ‘the kit of the future into the hands...

The UK will move to ‘war-fighting readiness’, Keir Starmer said as questions remained about his plans to increase defence spending.

The UK prime minister said he...

Planned border checks on fruit and vegetables imported into the UK from the EU will be scrapped.

The government has said Keir Starmer’s Brexit reset deal...

The UK manufacturing economy remained in contraction territory in May, numbers on Monday showed, amid weak global demand and turbulent market conditions.

The S&P Global UK...

Mortgage borrowing by UK households plunged in April, while credit card spending surged, according to Bank of England data published Monday.

Net mortgage borrowing fell to...

The UK will build up to 12 new nuclear-powered attack submarines and invest £15 billion in its warhead programme, Prime Minister Keir Starmer will announce...

Airlines on Monday revised down their traffic and profit forecasts for 2025, citing ‘headwinds’ for the global economy, with industry chiefs warning of the risk...