Economic news and events


Sewage spilled into England’s waters reaches new record in 2024

Storm overflows spilled sewage into England’s rivers, lakes and coasts for new highs of more than 3.61 million hours in 2024, Environment Agency figures have...

Thu, 27/03/2025 - 10:13


UK’s Reeves ‘certain’ welfare cuts will not push people into poverty

Rachel Reeves said she is ‘absolutely certain’ her welfare reforms will not push people into poverty, appearing to reject official warnings about their impact.

The UK...

Thu, 27/03/2025 - 09:37


UK government plans for ‘smoke-free generation’ move closer to law

Proposals by the UK government to create a ‘smoke-free generation’ by gradually raising the age at which tobacco products can be bought have cleared the...

Thu, 27/03/2025 - 06:55


Think tank eyes UK lower-income households to be worse off by 2030

Lower-income households in the UK are forecast to become £500 a year poorer over the next five years as a result of the chancellor’s spring...

Thu, 27/03/2025 - 06:42


US trade envoy raises concern on China’s ‘unfair’ policies

US Trade Representative Jamieson Greer raised concerns about Beijing’s ‘unfair and anticompetitive’ economic policies Wednesday, in introductory talks with Chinese Vice Premier He Lifeng a...

Wed, 26/03/2025 - 15:27


UK SPRING STATEMENT: Reeves sets out savings as growth forecast halved

The UK Office for Budget Responsibility halved its UK growth forecast for 2025 to 1.0%, as Chancellor Rachel Reeves set out savings of around £14...

Wed, 26/03/2025 - 14:02


Chancellor confirms defence spending boost with AI technology focus

Chancellor Rachel Reeves confirmed plans to increase defence spending as she vowed to make Britain a ‘defence-industrial superpower.’

The UK government will put an extra £6.4...

Wed, 26/03/2025 - 13:39


Chancellor shores up UK finances amid tepid growth and changing world

Chancellor Rachel Reeves confirmed cuts to welfare spending as she pledged to secure Britain’s future with the world ‘changing before our eyes’, but she proposed...

Wed, 26/03/2025 - 13:06


UPDATE: Annual UK house price growth accelerates but rent prices slow

[Alliance News] - Annual UK house price growth accelerated to reach 4.9% in the year to January 2025, according to Office for National Statistics, ONS,...

Wed, 26/03/2025 - 12:00


Reeves to address grim UK economic outlook as she faces OBR’s verdict

Rachel Reeves will acknowledge she needs to go ‘further and faster to kickstart growth’, amid dour predictions about her cost-cutting measures and as she scrambles...

Wed, 26/03/2025 - 06:38


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