Economic news and events

US President Joe Biden said Wednesday he is ‘confident’ a deal can be reached with Republicans leaders to avert a potentially catastrophic US debt default,...

E.ON SE’s E.On Next, Good Energy Group PLC and Octopus Energy have paid £8 million over compensation failures after lengthy delays in producing final bills...

The EU on Wednesday moved forward with a delayed agreement with Britain to advance cooperation on financial services regulation as the two sides build on...

The governor of the Bank of England has warned the central bank will continue to increase interest rates if there are signs that inflation is...

UK Prime Minister Rishi Sunak is facing demands to renegotiate the UK’s Brexit deal amid warnings the car industry in Britain faces an ‘existential threat’...

Consumer cryptocurrency trading should be regulated as gambling in the UK, the Treasury Committee has urged.

In a new report, the committee called for consumer trading...

British former prime minister Liz Truss, on a visit to Taiwan Wednesday, will set up a full-throated clash with both China and her successor Rishi...

UK Housing Secretary Michael Gove has conceded there ‘simply aren’t enough homes’ in Britain as he said the prime minister had commissioned him to work...

UK unemployment ticked up in the three months to March, figures from the Office for National Statistics showed on Tuesday.

The UK jobless rate unexpectedly...

One in five taxpayers will be paying higher-rate income tax by 2027, as frozen thresholds bite households, according to the Institute for Fiscal Studies.

Over recent...