Economic news and events

The UK government on Thursday hailed a decision by Microsoft Corp-backed ChatGPT creator OpenAI to open its first office outside the US in London.

The California-based...

UK Foreign Secretary James Cleverly has defended a possible trip to China as he argued that international reforms cannot happen without recognising Beijing’s global financial...

Net mortgage approvals rose by more than expected in May, according to Bank of England data on Thursday.

Individuals repaid, on net, around £100 million of...

UK Chancellor Jeremy Hunt said he has met industry leaders to discuss how the best returns for pension savers can be achieved ‘while driving growth...

Bank of England policymakers had to make a ‘strong move’ as they sat down and studied a surprisingly bad inflation report last week, Governor Andrew...

UK consumer watchdogs will set out plans to ease the burden of rising prices, Rishi Sunak said.

Chancellor Jeremy Hunt called in the chiefs of the...

The UK government is reportedly drawing up contingency plans for the emergency nationalisation of Thames Water as concerns grow over its mammoth £14 billion debt...

AIB Group PLC on Wednesday said the reduction of the Irish government’s stake in the bank below 50% represents a ‘normalisation of the share register’...

Chancellor Jeremy Hunt will question consumer watchdogs on Wednesday over what powers they can use to help lower prices as concerns grow that firms are...

(Alliance News, - More than four in 10, 42%, house sellers are having to shave more than 5% off the original asking price to achieve...