Economic news and events


UPDATE: Hunt announces slew of UK tax rises in autumn statement

UK Chancellor of the Exchequer Jeremy Hunt delivered his autumn statement on Thursday, taking what he called a "balanced" approach that put roughly equal weight...

Thu, 17/11/2022 - 12:43


Electric cars to lose vehicle excise duty exemption in UK

Electric vehicles will no longer be exempt from UK vehicle excise duty from April 2025.

Chancellor Jeremy Hunt announced that he wanted to make motoring...

Thu, 17/11/2022 - 12:10


TOP NEWS: UK Chancellor Hunt sets out tax rises and spending cuts

UK Chancellor Jeremy Hunt on Thursday promised to "tackle the cost-of-living crisis" and "rebuild our economy" as he set out plans for tax rises and...

Thu, 17/11/2022 - 11:45


UK orders Chinese-owned firm to sell most of chip maker

The UK government on Wednesday ordered a Chinese-owned company to divest most of Britain's biggest semiconductor maker, in a move likely to antagonise Beijing.

Business...

Wed, 16/11/2022 - 22:01


Mini-budget damaged UK's reputation, says BoE Governor Bailey

Former prime minister Liz Truss's mini-budget damaged the UK's reputation abroad, the governor of the Bank of England has told MPs.

Andrew Bailey said people...

Wed, 16/11/2022 - 18:07


UK producer price inflation slows in October to 14.8%

UK factory gate prices slowed in October, the latest data from the Office of National Statistics showed on Wednesday.

Producer output prices rose by 14.8%...

Wed, 16/11/2022 - 10:14


UK house price growth slows significantly to 9.5% in September - ONS

UK house price growth slowed in September, the latest data from the Office of National Statistics revealed on Wednesday.

The annual percentage change for...

Wed, 16/11/2022 - 09:48


TOP NEWS: UK inflation comes in hotter-than-expected at high of 11.1%

Annual inflation in the UK reached a never-before-seen high last month, data from the Office for National Statistics showed on Wednesday.

The consumer price...

Wed, 16/11/2022 - 07:17


Lifting of cap on bankers' bonuses expected in UK autumn budget

UK Chancellor Jeremy Hunt is expected to lift the cap on bankers' bonuses when he delivers his autumn budget on Thursday.

The Financial Times first...

Wed, 16/11/2022 - 07:01


UK's Sunak hails US as 'closest ally' as he meets Biden at G20 summit

UK Prime Minister Rishi Sunak described the US as the UK's "closest ally" as he met US President Joe Biden for bilateral talks on the...

Wed, 16/11/2022 - 06:58


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