Economic news and events


UPDATE: Kendall says UK welfare reforms will address ‘economic crisis’

Liz Kendall has insisted she will press ahead with measures to cut the welfare bill amid Labour pressure on UK Prime Minister Keir Starmer to...

Wed, 21/05/2025 - 12:28


UK government says broadly supports blending hydrogen in gas supply

The UK government is broadly supportive of blending hydrogen into the gas network and is actively considering the matter, energy minister Michael Shanks has said.

Replacing...

Wed, 21/05/2025 - 12:20


‘Record’ 81 criminal investigations into UK water sector

A ‘record’ 81 criminal investigations into environmental breaches by water firms have been launched as the UK government attempts to show it is getting to...

Wed, 21/05/2025 - 12:02


UK consumer price inflation rate tops forecast and picks up to 3.5%

UK consumer price inflation was hotter-than-expected last month, spiking to the loftiest level since the start of last year, numbers from the Office for National...

Wed, 21/05/2025 - 07:19


£5 billion welfare cuts needed to ‘save’ system, UK’s Kendall to say

The UK Work & Pensions Secretary will stand firm on Labour’s £5 billion plans for welfare cuts on Wednesday, arguing that reform is needed to...

Wed, 21/05/2025 - 06:45


UK Chancellor Rachel Reeves says £20,000 annual Isa limit will stay

UK Chancellor Rachel Reeves has confirmed she does not plan to reduce the £20,000 limit on the amount that can be put into individual savings...

Tue, 20/05/2025 - 13:49


UK unveils new Russia sanctions after drone attack on Kyiv

The UK government on Tuesday unveiled a new wave of 100 sanctions against Russia after a record weekend drone attack on Kyiv.

The new sanctions targeted...

Tue, 20/05/2025 - 11:36


Personal insolvencies jump 8% monthly in April in England and Wales

The number of people going financially insolvent in England and Wales jumped in April, according to Insolvency Service figures.

Some 10,012 people entered insolvency in England...

Tue, 20/05/2025 - 11:14


Personal insolvencies jump 8% monthly in April in England and Wales

The number of people going financially insolvent in England and Wales jumped in April, according to Insolvency Service figures.

Some 10,012 people entered insolvency in England...

Tue, 20/05/2025 - 11:10


UK, France, Canada condemn ‘egregious actions’ by Netanyahu’s Israel

Keir Starmer has condemned Benjamin Netanyahu’s ‘egregious’ actions in Gaza, warning that the UK and allies will take ‘concrete actions’ unless he changes course.

The prime...

Tue, 20/05/2025 - 06:35


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