Economic news and events

UPDATE: Ofgem lowers energy price cap, bills still expected to rise

The UK government regulator for electricity Ofgem is lowering its energy price cap – the amount suppliers are able to charge – from the current...

Mon, 27/02/2023 - 09:28

Australian firm Recharge Industries completes takeover of Britishvolt

Britishvolt, the company which failed to build a battery factory in the north-east of England, has been bought by Australian firm Recharge Industries, Recharge’s boss...

Mon, 27/02/2023 - 06:06

UK energy bills to rise despite expected reduction in Ofgem price cap

The UK energy regulator Ofgem is expected to announce on Monday that it will drop its cap on the amount energy suppliers are able to...

Mon, 27/02/2023 - 06:03

UPDATE: UK PM and EC president to hold face-to-face talks on protocol

UK Prime Minister Rishi Sunak will hold face-to-face talks in the UK with the European Commission President Ursula von der Leyen on Monday, as he...

Sun, 26/02/2023 - 17:17

UK PM Sunak ‘giving everything’ to seal EU deal for Northern Ireland

UK Prime Minister Rishi Sunak said his administration is ‘giving it everything we’ve got’ to finalise a deal to fix issues with the Northern Ireland...

Sun, 26/02/2023 - 07:58

TOP NEWS: UK consumer confidence in surprise rebound from historic low

UK consumer confidence has made a surprise rebound from historic lows despite ongoing cost-of-living woes, figures show.

GfK’s long-running consumer confidence index rose by a significant...

Fri, 24/02/2023 - 06:15

Ex-UK PM Johnson declines to say if would back Sunak deal on protocol

Boris Johnson declined to say whether he would back any new deal negotiated by UK Prime Minister Rishi Sunak on the Northern Ireland protocol, as...

Thu, 23/02/2023 - 21:52

BoE’s Mann says pausing rate rises ’risks worst of both worlds’

A Bank of England policymaker has said interest rates should be raised even further to control inflation, despite financial market expectations that the UK’s base...

Thu, 23/02/2023 - 16:31

UK promises planning reform after pressure from wind farm builders

The Uk government has promised a better and faster system for approving wind farms and other major infrastructure as it acknowledged that it was taking...

Thu, 23/02/2023 - 16:05

UK opposition leader Starmer to launch Labour’s 5 national ’missions’

UK opposition leader Keir Starmer is to launch a series of five national ‘missions’ setting out his objectives for a Labour government if the party...

Thu, 23/02/2023 - 08:16

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