Economic news and events


Doctors, teachers in England to be awarded above-inflation 4% pay rise

Teachers and doctors will get above-inflation pay rises over the next year, ministers have announced after the latest review of public sector pay.

Both professions in...

Thu, 22/05/2025 - 14:09


UPDATE: Judge clears way for UK government to sign Chagos Islands deal

A judge has cleared the way for the UK government to sign its deal over the Chagos Islands after discharging a High Court injunction which...

Thu, 22/05/2025 - 13:59


UPDATE: Chagos deal can still be done on Thursday despite injunction

The Chagos Islands deal could still be signed on Thursday after an overnight injunction was granted temporarily preventing the plans, the High Court has been...

Thu, 22/05/2025 - 12:27


Net migration halves as fewer people come to UK for work and study

The difference between the number of people moving to the UK and leaving the country is estimated to have halved, in the biggest fall in...

Thu, 22/05/2025 - 10:00


UK private sector stays in decline as tariffs weigh on export orders

The UK private sector economy remained in decline in May, amid manufacturing sector weakness, numbers on Thursday showed.

The S&P Global flash composite purchasing managers’...

Thu, 22/05/2025 - 09:48


UPDATE: Court halts conclusion of Chagos Islands deal with injunction

The UK government has temporarily been banned from concluding its negotiations on the Chagos Islands deal by an injunction granted in the early hours by...

Thu, 22/05/2025 - 08:19


Pressure on UK Chancellor Reeves as borrowing jumps to £20.2 billion

UK government borrowing rose by more than expected to £20.2 billion last month, mounting further pressure on Chancellor Rachel Reeves to meet her fiscal rules.

The...

Thu, 22/05/2025 - 08:13


US accepts Boeing jet from Qatar for use as Air Force One

US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald Trump for use as Air...

Thu, 22/05/2025 - 06:45


UK Prime Minister Keir Starmer due to sign off Chagos Islands deal

UK Prime Minister Keir Starmer is due to sign off on the Chagos Islands deal on Thursday, handing them over to Mauritius.

The PA news agency...

Thu, 22/05/2025 - 06:44


UK PM may expand pensioner eligibility for winter fuel allowance

Keir Starmer has said the government wants to make more pensioners eligible for winter fuel payments.

The apparent U-turn comes as the prime minister has faced...

Wed, 21/05/2025 - 13:18


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