Economic news and events

The UK’s once ‘dirtiest’ coal-fired power station Drax is set to receive approval for a multibillion-pound net-zero carbon capture plan from the UK government, according...

Recruitment in the UK was subdued at the end of last year as firms remained cautious about hiring staff, research suggests.

A survey of 400 recruitment...

UK Prime Minister Rishi Sunak has hinted that pre-election tax cut giveaways will be made on the back of ‘difficult decisions to control welfare’.

The PM...

The UK chancellor has hit back at the former net zero tsar after he quit the Conservatives over the government’s decision to increase domestic oil...

The UK will plough £300 million into creating specialist fuel to power the next generation of nuclear reactors in what it hopes will be another...

UK Chancellor Jeremy Hunt has said he does not know if he can afford to cut taxes for British households as a national insurance reduction...

UK opposition leader Keir Starmer has hit out at critics accusing Labour of lacking detailed policies, as the party prepares for a gruelling general election...

UK Prime Minister Rishi Sunak faces another by-election challenge as former energy minister Chris Skidmore is poised to resign as an MP, after quitting the...

The downturn in the UK construction sector eased slightly at the end of 2023, survey data showed on Friday.

The S&P Global UK construction purchasing managers’...

UK house prices rose for the third consecutive month, according to data from Halifax on Friday.

The Halifax house price index rose 1.1% on a monthly...