Economic news and events


UK quoted home insurance prices jump by nearly 11% annually

The average quoted price of home insurance in the UK jumped by 10.5% last year – but prices have been edging down in recent months,...

Fri, 24/01/2025 - 11:25


UK with marginal business activity growth in January amid cost concern

The UK’s private sector output grew marginally in January as employment was pushed lower amid ongoing concerns over higher national insurance contributions that many employers...

Fri, 24/01/2025 - 09:51


UK business secretary leaves door open to joining European trade area

The UK business secretary has left the door open to joining a tariff-free trading scheme with Europe following a meeting with the EU trade commissioner...

Fri, 24/01/2025 - 08:02


Reeves to soften non-dom reforms in UK after listening to concerns

UK Chancellor Rachel Reeves has said she plans to soften the proposed tax regime on non-doms after listening to their concerns.

Downing Street said the move...

Fri, 24/01/2025 - 07:51


PRESS: UK approaches potential administrators for Thames Water - FT

The UK government has approached consultancies about taking the role of special administrator in a sign that ministers are bracing themselves for the imminent renationalisation...

Thu, 23/01/2025 - 21:50


Micheal Martin nominated as Ireland’s next taoiseach

Micheal Martin has received the backing of the Irish parliament to be nominated as the country’s next premier.

Parliamentarians voted 95 to 76 in support of...

Thu, 23/01/2025 - 14:05


UPDATE: UK minister rules out UK joining pan-Europe trade agreement

A UK minister has ruled out the UK joining a pan-European agreement to bolster post-Brexit trade.

Matthew Pennycook said the government was ‘not seeking’ to participate...

Thu, 23/01/2025 - 10:26


UK MPs launch inquiry into reform of jobcentres to boost employment

MPs have launched a new inquiry into how jobcentres can be reformed.

The cross-party Work & Pensions Committee will also study plans to merge the National...

Thu, 23/01/2025 - 10:21


Consumer’s catch the January blues as confidence deteriorates

Consumer confidence dropped in January, as expectations around the health of the economy deteriorated, a report on Thursday showed.

According to BRC-Opinium data, consumer expectations over...

Thu, 23/01/2025 - 06:29


PM vows to curb ’Nimby’ court battles over major projects

Opponents of major infrastructure projects will have fewer chances to ‘frustrate growth’ through repeated legal challenges, the UK prime minister has said.

Keir Starmer said he...

Thu, 23/01/2025 - 06:24


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