Economic news and events

UK economy to enter recession until summer 2023 - EY Item Club

Britain's economy is expected to shrink around 0.2% each quarter from October through to June next year, economists have warned.

This prolonged economic decline will...

Mon, 17/10/2022 - 05:50

UK house prices notch new record high despite mortgage rates jump

The average price tag on a home hit a new record high of £371,158 in October, but there are signs that some house hunters, particularly...

Mon, 17/10/2022 - 05:49

UK pushes on with legislation to ‘keep Britain moving’ during strikes

The UK government is pressing ahead with legal moves to introduce minimum service levels during strikes by transport workers.

The announcement follows months of industrial...

Sun, 16/10/2022 - 09:17

UK PM clings to power as new chancellor set to shred economic plan

UK Prime Minister Liz Truss's economic vision appeared doomed on Sunday, as she sought to stay in power despite an increasingly shaky-looking premiership.

The new...

Sun, 16/10/2022 - 09:13

Difficult decisions on tax and spending ahead, warns new UK chancellor

The new UK chancellor of the Exchequer has criticised the ‘mistakes’ of Prime Minister Liz Truss's administration in his first interview since taking the job,...

Sat, 15/10/2022 - 09:25

TOP NEWS: Jeremy Hunt becomes UK chancellor as Kwasi Kwarteng sacked

Liz Truss has appointed former foreign secretary Jeremy Hunt as the new chancellor of the exchequer after she dramatically sacked Kwasi Kwarteng.

The choice of...

Fri, 14/10/2022 - 14:34

UPDATE: Kwarteng pays price for mini-budget as sacked as chancellor

Kwasi Kwarteng has paid the price for the chaos unleashed by his mini-budget as he flew back to London to be dramatically sacked as chancellor...

Fri, 14/10/2022 - 13:45

PRESS: Kwarteng sacked as UK chancellor over mini-budget chaos

Kwasi Kwarteng has paid the price for the chaos unleashed by his mini-budget as he was reportedly sacked as UK chancellor by UK Prime Minister...

Fri, 14/10/2022 - 12:51

UK PM Truss to hold press conference amid calls for mini-budget U-turn

Prime Minister Liz Truss is to hold a press conference amid speculation of a major U-turn on Chancellor Kwasi Kwarteng's mini-budget.

Kwarteng flew back to...

Fri, 14/10/2022 - 11:19

UPDATE: Kwarteng flies back for mini-budget crisis talks with Truss

UK Chancellor Kwasi Kwarteng is flying back to London for crisis talks with Prime Minister Liz Truss amid turmoil in the Tory Party and intense...

Fri, 14/10/2022 - 10:49

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