Economic news and events


UK ‘confident’ can implement US deal in time to protect steel sector

The UK government remains ‘confident’ it can implement its trade deal with the US in time to prevent Britain’s steel industry facing even higher tariffs,...

Wed, 04/06/2025 - 10:13


UK service sector activity returns to growth in May; pressures linger

UK service sector activity returned to stronger-than-expected growth in May, but pressures on margins from increased costs, and a long streak of falling employment numbers...

Wed, 04/06/2025 - 09:59


Police chiefs, watchdogs write to UK PM in warning over funding cuts

Senior police chiefs and government watchdogs have written to the UK prime minister warning they will be forced to make choices about which crimes they...

Wed, 04/06/2025 - 09:28


UK’s Reeves to announce £15 billion for transport outside London

UK Chancellor Rachel Reeves is set to tear up Treasury rules as she announces billions of pounds of investment in public transport in the North...

Wed, 04/06/2025 - 07:00


UK steel industry welcomes 25% tariffs but warns ‘uncertainty remains’

UK industry has welcomed Donald Trump’s decision to keep tariffs at 25% on British steel and aluminium for now, but warned that ‘uncertainty remains’ over...

Wed, 04/06/2025 - 06:36


UK growth downgraded as global economy dragged by Trump trade wars

UK economic forecasts have been downgraded for the next two years as trade tensions linked to US President Donald Trump’s tariff plans hit the global...

Tue, 03/06/2025 - 11:56


UK faces ‘water rationing like Mediterranean’ without new reservoirs

Britain faces ‘water rationing like we have in the Mediterranean’ without new reservoirs, the water minister has warned.

Emma Hardy has suggested water shortages could hit...

Tue, 03/06/2025 - 11:21


UK Trade secretary to push for timeline on US tariff exemption

UK Trade Secretary Jonathan Reynolds is set to meet US officials on Tuesday as the UK aims to set a timeline for its exemption from...

Tue, 03/06/2025 - 06:40


UK’s John Healey announces £5 billion for military drones and lasers

Military drones and lasers will receive a £5 billion investment as the UK government bids to put ‘the kit of the future into the hands...

Tue, 03/06/2025 - 06:36


UPDATE: Starmer promises funding will meet plan for ‘battle-ready’ UK

The UK will move to ‘war-fighting readiness’, Keir Starmer said as questions remained about his plans to increase defence spending.

The UK prime minister said he...

Mon, 02/06/2025 - 14:26


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