Economic news and events


UK hosts Arab ministers as ‘crucial’ hostage deal struck

UK Foreign Minister David Cameron on Wednesday met with Arab and Islamic counterparts to discuss how to secure the release of remaining hostages held by...

Wed, 22/11/2023 - 17:55


UK departments face ‘implausibly large’ spending squeeze

UK government departments are set to face a major spending squeeze in the coming years, with pressure to cut budgets likely to bite after the...

Wed, 22/11/2023 - 17:29


UPDATE: OBR trims UK economic growth forecasts for 2024 and 2025

UK Chancellor Jeremy Hunt on Wednesday set out a fiscal policy statement which features ‘110 growth measures’, set alongside a mixed set of forecasts for...

Wed, 22/11/2023 - 13:52


TOP NEWS: UK government considering NatWest retail share offer

UK Chancellor Jeremy Hunt on Wednesday announced he is mulling a NatWest Group PLC retail share offer over the next year, as the government looks...

Wed, 22/11/2023 - 13:16


TOP NEWS: Hunt sets out plan to boost UK economy and cut taxes

UK Chancellor of the Exchequer Jeremy Hunt has promised a package of measures to boost growth and cut taxes in a highly political autumn statement.

Hunt’s...

Wed, 22/11/2023 - 13:04


Black Friday busy as ever, says UK Amazon fulfilment centre boss

Black Friday is ‘as busy as ever’ and Amazon.com Inc is seeing no sign of a decline in its popularity, the boss of one its...

Wed, 22/11/2023 - 05:42


PRESS: UK national insurance cut to feature in autumn statement

Cuts to national insurance for 28 million people will reportedly be at the heart of Chancellor Jeremy Hunt’s autumn statement on Wednesday.

His deputy Laura Trott...

Tue, 21/11/2023 - 20:59


UPDATE: South Korea’s Yoon vows to work with UK to bolster security

The president of South Korea has said his country will work with the UK to ‘bolster the political and economic security’ in the Indo-Pacific during...

Tue, 21/11/2023 - 18:38


UK minimum wage to rise to £11.44 in April next year

The national living wage in the UK will rise to £11.44 in April next year, the Treasury has announced.

The rate is currently £10.42 for workers...

Tue, 21/11/2023 - 17:32


Bank of England governor warns UK inflation woe being ‘underestimated’

The Bank of England’s governor has suggested the threat of UK inflation is being underestimated, as he stressed that Prime Minister Rishi Sunak declaring victory...

Tue, 21/11/2023 - 13:31


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