Economic news and events


UK trade deficit slims in December as both exports and imports fall

The UK’s trade deficit narrowed slightly at the end of last year, numbers on Thursday showed, as imports fell faster than exports.

According to the...

Thu, 15/02/2024 - 08:16


TOP NEWS: UK slips to recession as economy falls 0.3% in final quarter

The UK economy suffered a sharper than expected decline in the final quarter of last year, entering a technical recession, according to numbers from the...

Thu, 15/02/2024 - 07:20


Economy has turned corner, UK PM Sunak tells 2024 Business Council

The UK prime minister has insisted the ‘economy has turned the corner’ as he convened the first meeting of his 2024 Business Council.

Rishi Sunak labelled...

Wed, 14/02/2024 - 10:43


TOP NEWS: UK house prices round off 2023 with decline - ONS

UK house prices declined annually at the end of last year, the official Office for National Statistics measure showed Wednesday.

The ONS said the average...

Wed, 14/02/2024 - 10:10


TOP NEWS: UK consumer price inflation steady at 4.0% in January

The UK’s annual inflation rate was steady last month, defying expectations of an acceleration, numbers on Wednesday showed.

According to the Office for National Statistics,...

Wed, 14/02/2024 - 07:14


Cameron suggests UK open to other nations joining part of Aukus pact

The UK is open to ‘ideas’ of nations seeking to join part of the Aukus trilateral defence agreement, David Cameron has suggested.

The Foreign Secretary said...

Tue, 13/02/2024 - 18:11


English councils to come under pressure to build on brownfield land

Michael Gove is set to intervene in London to push for more developments on brownfield sites in the capital, as part of a wider move...

Tue, 13/02/2024 - 10:13


TOP NEWS: UK jobless rate slips below 4% and pay growth tops forecast

The UK unemployment rate was lower than expected in the last three months of 2023, and growth in earnings was more robust, data showed on...

Tue, 13/02/2024 - 07:20


Bailey: UK banks in ’sound health’ but market valuations ’in doldrums’

The governor of the Bank of England has said that UK banks have emerged from a volatile few years in ‘sound health’, but said the...

Mon, 12/02/2024 - 20:58


Biggest drop in average UK two-year fixed mortgage rate since 2022

The average two-year fixed mortgage rate on the market in the UK recorded its biggest month-on-month fall since December 2022 in February, according to a...

Mon, 12/02/2024 - 11:59


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