Economic news and events


TOP NEWS: Cooler weather pegs back UK retail sales in June

UK retail sales declined in June as the poor weather held back purchases of clothing and footwear.

According to the BRC-KPMG retail sales monitor on Tuesday,...

Tue, 09/07/2024 - 05:58


Starmer meets with Welsh first minister in last stop of tour of the UK

Keir Starmer has met with the Welsh first minister in the final stop on his tour of the devolved nations.

The new prime minister visited the...

Mon, 08/07/2024 - 13:44


Rachel Reeves prepared for ‘short-term pain’ to get Britain building

Rachel Reeves ordered Treasury officials to produce an assessment of the financial ‘mess’ left by the Conservatives as she promised a new focus on generating...

Mon, 08/07/2024 - 13:34


UK Chancellor Rachel Reeves to set budget date before summer recess

UK Chancellor Rachel Reeves has said the date for the government’s first budget will be announced before the Commons summer recess and spoke of ‘short-term...

Mon, 08/07/2024 - 12:13


UK Foreign Secretary Lammy hosts Canadian counterpart Joly

David Lammy has met his Canadian counterpart, in the first engagement he has hosted as UK foreign secretary.

Lammy met with Melanie Joly, Canada’s minister of...

Mon, 08/07/2024 - 09:50


Starmer meets O’Neill in first Northern Ireland trip as UK PM

Keir Starmer has met Northern Ireland First Minister Michelle O’Neill and deputy First Minister Emma Little-Pengelly as he continues his tour of the UK.

The UK...

Mon, 08/07/2024 - 09:36


German industry urges new British government to boost investments

German business representatives are urging the new British government to make significant investments, stating that the UK has an ‘investment backlog.’

Bernd Atenstaedt from the German...

Mon, 08/07/2024 - 08:20


Irish construction activity decline accelerates in June - PMI

Construction activity in Ireland continued to decline in June amid a fall in commercial property building, data published by S&P Global showed Monday.

The headline...

Mon, 08/07/2024 - 07:16


UK PM Starmer says ‘tough decisions’ be taken when quizzed about tax

UK Prime Minister Keir Starmer has said he will have to take ‘tough decisions’ when asked about tax hikes as he vowed to approach challenges...

Sun, 07/07/2024 - 10:47


Ex-UK chancellor Jeremy Hunt rules out Tory leadership bid

Jeremy Hunt has ruled himself out of the race to replace Rishi Sunak as Tory leader after the crushing UK election defeat to Labour.

It comes...

Sun, 07/07/2024 - 10:45


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