Economic news and events


TOP NEWS: UK service sector revival continues into 2024

The UK service sector saw its strongest performance since May last year, according to new data on Monday.

The S&P Global UK services business activity index...

Mon, 05/02/2024 - 09:48


Millionth pure battery electric new car registered in the UK

The millionth pure battery electric new car has been registered in the UK, industry figures show.

This milestone was reached in January, the Society of Motor...

Mon, 05/02/2024 - 09:46


Sunak and Varadkar to mark return of powersharing at Stormont

UK Prime Minister Rishi Sunak and Irish premier Leo Varadkar are to visit Stormont as they mark the return of devolved government in Northern Ireland.

Sunak...

Mon, 05/02/2024 - 06:20


UK PM Sunak admits he has failed on pledge to cut NHS waiting lists

Rishi Sunak has admitted that he has failed on his pledge to cut NHS waiting lists.

The UK prime minister last year made cutting the number...

Mon, 05/02/2024 - 06:16


UPDATE: Sticky services inflation tempers hope of BoE cut for now

The Bank of England left interest rates unmoved on Thursday, in a divided vote, with policymakers still fretting over rampant services inflation.

The central bank...

Thu, 01/02/2024 - 13:47


TOP NEWS: Divided BoE keeps UK interest rates at 15-year high

The Bank of England maintained UK interest rates at a 15-year high on Thursday, but the decision highlighted a divergence between policymakers, with a three-way...

Thu, 01/02/2024 - 12:16


Labour will not hike UK corporation tax, vows Rachel Reeves

The UK Labour party will not hike the rate of corporation tax during its first term, shadow chancellor Rachel Reeves said as she promised to...

Thu, 01/02/2024 - 11:00


New UK oil and gas exploration licences approved in the North Sea

The UK’s oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a...

Thu, 01/02/2024 - 10:06


TOP NEWS: Downturn in UK manufacturing continues into 2024

The UK manufacturing sector entered the new year still on a downward path, survey results showed on Thursday.

The seasonally adjusted S&P Global UK manufacturing...

Thu, 01/02/2024 - 09:46


UK’s Hunt wants to ‘lighten the tax burden’ but lowers expectations

The UK chancellor has insisted he wants to ‘lighten the tax burden’ as he looks to temper expectations about the size of cuts coming in...

Thu, 01/02/2024 - 08:09


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