Economic news and events


TOP NEWS: UK fourth-quarter recession confirmed as economy slumps 0.3%

The UK slipped into a technical recession in the fourth quarter of 2023, numbers from the Office for National Statistics confirmed on Thursday.

UK gross domestic...

Thu, 28/03/2024 - 07:20


’Growing buyer confidence’ in UK housing market as sale discounts fall

UK house sellers are typically shaving £10,000 off their original asking price to achieve a sale, according to a property website.

Across the UK, the average...

Thu, 28/03/2024 - 06:00


UK car production increases for six months in a row

Car production has increased for six consecutive months, reflecting strong demand in the UK and overseas, figures show.

Almost 80,000 cars were built last month, an...

Thu, 28/03/2024 - 05:57


Two ministers quit in double blow to UK Prime Minister Rishi Sunak

Two UK government ministers have resigned in a double blow to Prime Minister Rishi Sunak, who was forced to carry out a mini-reshuffle of his...

Wed, 27/03/2024 - 09:29


UK regulator could block oil and gas projects without emissions cuts

The regulator of the UK’s oil and gas companies has said that they need to take action to set themselves on a path to reducing...

Wed, 27/03/2024 - 06:07


TOP NEWS: Grocery inflation hits 2-year low while sales get Easter boost

Grocery price inflation eased further in March, while early Easter treats gave sales a boost, new data showed on Tuesday.

Kantar said annual UK grocery price...

Tue, 26/03/2024 - 08:41


US, UK, NZ accuse China of cyber attacks on ’democratic institutions’

The US, Britain and New Zealand have accused Beijing-backed cyber groups of being behind a series of attacks against lawmakers and key democratic institutions –...

Tue, 26/03/2024 - 05:35


Ofgem to consider ‘time-of-use’ price cap for UK households

The Office of Gas & Electricity Markets is to consider a new ‘dynamic’ price cap based on the time of day UK households use their...

Mon, 25/03/2024 - 10:47


UK set to blame China for hack on elections watchdog

The UK will ‘stop at nothing’ to protect against cyber attacks, a government minister said, as China was set to be accused of targeting the...

Mon, 25/03/2024 - 10:05


TOP NEWS: Fitch upgrades UK credit rating outlook to ’stable’

Fitch upgraded its credit rating for UK government debt from ‘negative’ to ‘stable’ Friday, citing easing economic policy risks, while reaffirming the country’s AA- rating. 

The...

Mon, 25/03/2024 - 06:19


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