Economic news and events

UK Chancellor Rachel Reeves said ‘we are renewing Britain’ as she set out how she plans to spend hundreds of billions of pounds of taxpayers’...

UK Chancellor Rachel Reeves will unveil her spending review on Wednesday, arguing that her priorities are ‘the priorities of working people’.

The chancellor is expected to...

European Central Bank Chief Christine Lagarde warned Wednesday that ‘coercive trade policies’ risked harming supply chains and the global economy, and called for a de-escalation...

The UK has sanctioned two Israeli government ministers for ‘inciting violence’ and abuses of Palestinian human rights, David Lammy has said.

Itamar Ben-Gvir and Bezalel Smotrich,...

The UK unemployment rate rose slightly in the three months to April, as expected, while pay growth was more moderate than forecast, according to numbers...

(Correcting the first sentence to ‘contracted in May’ instead of April)

Activity in Ireland’s construction sector contracted in May despite growth in the commercial sub-sector, S&P...

The spending review is ‘settled’, Downing Street has said, after the Home Office was the last department locked in budget negotiations.

Chancellor Rachel Reeves is expected...

NATO secretary-general Mark Rutte has said he sees no discrepancy between the UK’s current defence spending goals and his own push for members to reach...

NATO head Mark Rutte on Monday urged a ‘quantum leap’ in defence capabilities including a ‘400% increase’ in air and missile defence to shield the...

Britain’s Labour government on Monday announced it had reversed a policy to scrap a winter heating benefit for millions of pensioners.

The government’s U-turn follows...