Economic news and events


TOP NEWS: UK economy grows 0.2% in January, in line with forecast

The UK economy grew in line with expectations at the start of the year, following a decline to round off 2023, numbers on Wednesday showed.

According...

Wed, 13/03/2024 - 07:22


Wronged UK postmasters to have convictions quashed

Hundreds of UK subpostmasters wrongly prosecuted for dishonesty due to a faulty software scandal will have their convictions automatically quashed, Prime Minister Rishi Sunak’s office...

Wed, 13/03/2024 - 06:01


UK to seal trade co-operation agreement with Texas

The UK is set to sign an agreement on closer trade co-operation with Texas as the British government continues to pursue state-level deals in the...

Wed, 13/03/2024 - 05:56


UK PM Sunak tries to quell blackout fears with power station pledge

British Prime Minister Rishi Sunak’s government vowed Tuesday to build new gas-fired power stations to boost energy security, drawing criticism over his climate policies before...

Tue, 12/03/2024 - 17:26


OBR says does not know how UK budget spending plan will add up

The head of the UK’s official forecaster has warned that ‘we don’t know’ how the government will make its spending plans add up, amid concerns...

Tue, 12/03/2024 - 14:05


TOP NEWS: UK jobless rate rises and earnings growth abates

The UK unemployment rate unexpectedly picked up in the three months to January, while the pace of wage growth eased, numbers on Tuesday showed.

According...

Tue, 12/03/2024 - 07:13


New gas power stations needed to stop blackouts threat - UK minister

The UK government has committed to building new gas power stations to avert what ministers described as the ‘genuine prospect of blackouts’.

In a speech at...

Tue, 12/03/2024 - 07:00


Ofgem raises concerns about net zero costs on lower income households

Ofgem has raised concerns that net zero costs could disproportionately hit lower income customers in the UK as it announced it is to examine how...

Mon, 11/03/2024 - 11:11


UK PM eyes getting people off welfare into work to fund tax cuts

Scrapping national insurance is set to be a key part of the Tory election offer to voters as UK Prime Minister Rishi Sunak suggested a...

Mon, 11/03/2024 - 07:42


Irish slowdown in construction activity decelerates in February

The ongoing contraction in Irish construction activity slowed in February, data published by S&P Global showed Monday.

The headline seasonally adjusted BNP Paribas real estate Ireland...

Mon, 11/03/2024 - 06:56


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