Economic news and events


Investments to make UK military an ‘integrated fighting machine’

Sir Keir Starmer has pledged a wave of new investments to turn the armed forces into a ‘formidable, integrated fighting machine’ as part of the...

Sun, 01/06/2025 - 11:04


‘No doubt’ UK will spend 3% of GDP on defence by mid-2030s

Defence spending at 3% of GDP by 2034 is a firm commitment, John Healey has said.

The Government has previously set out its ‘ambition to reach...

Sat, 31/05/2025 - 09:25


Irish inflation slows to 1.4% in May as energy prices decline - CSO

Consumer prices in Ireland cooled in May, as weaker energy and transport costs helped ease broader inflationary pressures, according to a flash estimate published by...

Fri, 30/05/2025 - 11:23


BoE rate-setter Alan Taylor ‘pretty concerned’ by economic outlook

A rate-setter at the Bank of England has said he remains ‘pretty concerned’ about the economic outlook as he renewed calls to reduce interest rates...

Fri, 30/05/2025 - 08:35


Bank of England Governor Andrew Bailey welcomes UK efforts with EU

The governor of the Bank of England has welcomed the UK government’s efforts to forge closer ties with the EU, as he said that officials...

Fri, 30/05/2025 - 06:38


UK government to deliver new reservoirs amid water supply concerns

The UK government has stepped in to take control of the planning process for two major new reservoirs, as it warns UK water supplies are...

Thu, 29/05/2025 - 08:50


UK car production falls to second worst April since 1952

Car manufacturing in the UK fell by 8.6% on year in April to its lowest level for that month since 1952, other than the Covid-19...

Thu, 29/05/2025 - 07:26


Thames Water hit with biggest ever fine over pollution and dividends

Thames Water has been fined £122.7 million after two investigations into wastewater and dividend payments, in the largest penalty Ofwat has ever issued, the regulator...

Wed, 28/05/2025 - 07:37


Average UK home sale ‘being agreed at £16,000 below asking price’

House sellers in the UK are agreeing sales at £16,000 below the asking price typically, according to a property website.

Zoopla, which said the mean average...

Wed, 28/05/2025 - 06:38


US-EU trade war ‘in nobody’s interest’, says Downing Street

A trade war is ‘in nobody’s interest’, Downing Street has said following US President Donald Trump’s threat to impose 50% tariffs on EU goods.

Trump threatened...

Tue, 27/05/2025 - 13:40


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