Economic news and events

UK car production fell to its lowest level since 1956 last year as output was hit by global shortages of semiconductor chips, new figures show....

Nearly two-thirds of UK first-time buyer mortgages being taken out are in joint names, according to a lending giant.

Some 63% of first-time buyer mortgages...

Some UK firms could be at risk of struggling to apply a new consumer duty effectively when it comes into force in six months’ time,...

UK factory gate inflation eased at the end of 2022, according to the Office for National Statistics on Wednesday.

UK producer input prices rose by...

The number of UK businesses in financial distress has picked up, as legacy Covid debt, rampant inflation and tumbling consumer confidence puts companies closer to...

The number of UK house sales dipped by 3% month-on-month in December, amid signs that rising mortgage rates are having an impact on transactions.

An...

The UK private sector saw the sharpest drop in business activity in two years, the latest data on Tuesday showed.

The S&P Global CIPS UK...

(Correcting the December borrowing figure to £27.4 billion.)

UK public borrowing continued at record levels in December, according to the Office for National Statistics.

UK...

UK public borrowing continued at record levels in December, according to the Office for National Statistics.

UK public sector borrowing - excluding public sector banks...

Rishi Sunak has ordered a potentially far-reaching investigation into Nadhim Zahawi as he defied calls to sack the Tory party chair over the multimillion-pound tax...