Economic news and events

The UK does not possess ‘fully autonomous weapon systems’ and has no intention of developing them, according to a defence minister.

James Cartlidge did not rule...

UK Chancellor Jeremy Hunt will ask industry regulators what they are doing about any companies exploiting rampant inflation by raising prices.

The chancellor is set to...

UK Chancellor Jeremy Hunt has agreed measures with lenders aimed at helping mortgage holders struggling with high interest rates, but has resisted offering government support.

After...

Growth in the UK’s private sector was slower than expected in June, according to preliminary survey data, as the gulf between manufacturing and services continued...

More needs to be done to address ‘significant weaknesses’ in pension schemes exposed by the disruption that followed the Liz Truss mini-budget, UK MPs have...

UK retail sales volumes held up better than expected in May, according to government data on Friday, boosted by sunny weather.

The Office for National...

Consumer confidence in the UK has climbed in June, despite red-hot inflation, amid growing optimism on personal finances.

GfK’s consumer confidence index increased three points to...

UK Prime Minister Rishi Sunak has admitted soaring interest rates are ‘hard’ for cash-strapped consumers, but vowed the government will ‘remain steadfast’ in the battle...

The Bank of England continued its hiking cycle on Thursday and acted more aggressively than some expected, by lifting UK interest rates by 50 basis...

Wholesale prices stabilised in Ireland last month, according to the Central Statics Office on Thursday.

Wholesale prices were flat in May from the month before,...