Economic news and events


UK PM Sunak retains confidence in his deputy as third complaint filed

Rishi Sunak still has confidence in his deputy after an inquiry into Dominic Raab’s behaviour was expanded to include a third formal complaint lodged against...

Fri, 25/11/2022 - 18:24


UK Deputy PM Raab says behaved professionally ‘at all times’

UK Deputy Prime Minister Dominic Raab has defended himself against allegations of bullying and using his personal email for government business as Rishi Sunak continued...

Fri, 25/11/2022 - 05:47


Increase in UK car production as industry returns to growth

UK car production returned to growth last month but is still well below pre-pandemic levels, new figures show.

A total of 69,524 cars were built...

Fri, 25/11/2022 - 05:47


Ex-UK PMs Johnson and Truss join rebellion against onshore wind ban

Boris Johnson and Liz Truss have joined a Tory backbench rebellion against a de-facto ban on new onshore windfarms, in a blow to UK Prime...

Fri, 25/11/2022 - 05:46


France and Ireland see ‘window’ to resolve post-Brexit dispute with UK

French President Emmanuel Macron and Irish Prime Minister Micheal Martin believe there is ‘a crucial window of opportunity to resolve’ post-Brexit trade disputes with London...

Fri, 25/11/2022 - 05:44


UK government departments clamp down on Chinese surveillance cameras

UK government departments were ordered Thursday to stop installing Chinese-made surveillance cameras at ‘sensitive sites’, drawing a strong rebuke from one of the companies targeted....

Fri, 25/11/2022 - 05:42


UPDATE: UK energy price freeze ’to cost £23 billion this winter’

Britain’s household energy price guarantee will cost some £23 billion this winter, analysts estimated Thursday after regulator Ofgem lifted its cap on electricity and gas...

Thu, 24/11/2022 - 17:47


TOP NEWS: ECB may pause tightening amid prolonged, deep recession

The European Central Bank said it might want to ‘pause’ monetary tightening if there was a prolonged and deep recession, minutes from its October meeting...

Thu, 24/11/2022 - 12:56


TOP NEWS: BoE’s Dave Ramsden predicts need for further rate hikes

A top Bank of England official has vowed to vote to respond ‘forcefully’ to tackle inflation, should inflationary pressures persist.

Speaking at the Bank...

Thu, 24/11/2022 - 10:50


UK government bill to subsidise energy costs rises as Ofgem ups cap

Energy watchdog Ofgem on Thursday hiked its price cap, though UK government measures mean households are largely protected from the latest spike in bills....

Thu, 24/11/2022 - 09:24


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