Economic news and events

UK government borrowing costs surge to 27-year high

Britain’s long-term government borrowing costs have been sent soaring to 27-year high, ramping up pressure on Chancellor Rachel Reeves to calm fears over the UK’s...

Tue, 02/09/2025 - 09:25

UK’s Cooper denies Reeves being ‘sidelined’ after No 10 shake-up

Rachel Reeves has not been sidelined by Number 10, a senior minister has said after Keir Starmer reshuffled his Downing Street team.

Monday’s shake-up saw the...

Tue, 02/09/2025 - 08:54

UK PM Keir Starmer to gather Cabinet after Downing Street shake-up

Keir Starmer will gather his Cabinet for its first meeting since a major shake-up of his Downing Street operation as he seeks to reset his...

Tue, 02/09/2025 - 06:47

UK PM insists Downing Street shake-up is ‘second phase’ not reshuffle

UK Prime Minister Keir Starmer has insisted a shake-up of his Downing Street operation marks the government moving into its ‘second phase’ rather than a...

Mon, 01/09/2025 - 15:51

Irish consumer price inflation picks up in August amid tariff pressure

Consumer prices in Ireland climbed in August amid concerns about US tariffs, according to a flash estimate published by the Central Statistics Office on Monday.

The...

Mon, 01/09/2025 - 12:00

UK’s Starmer appoints Darren Jones to new role as PM’s chief secretary

UK Prime Minister Keir Starmer has appointed one of Labour’s rising stars to a new role at the heart of government, in a shake-up of...

Mon, 01/09/2025 - 10:06

UK mortgage lending slows in July; consumer credit steady - BoE data

UK households and businesses showed mixed borrowing patterns in July, with mortgage demand softening but consumer credit and corporate lending holding firm, data from the...

Mon, 01/09/2025 - 09:58

UK manufacturing sector extends decline in August as exports fall

The downturn in the UK manufacturing sector sharpened in August, survey results from S&P Global showed on Monday, as the sector contracted for the eleventh...

Mon, 01/09/2025 - 09:57

UK annual house price growth softens in August; prices down monthly

UK annual house price growth softened in August as affordability concerns continue to weigh on buyers, data from Nationwide showed on Monday.

The Nationwide house price...

Mon, 01/09/2025 - 07:21

PRESS: UK’s Reeves mulls raising VAT threshold for businesses

UK Chancellor Rachel Reeves is in talks to raise the value added tax threshold for businesses in a bid to boost growth, The Telegraph reported...

Sat, 30/08/2025 - 11:29

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