Economic news and events

UK pension schemes in ‘robust position’ to deal with market movements

Pension schemes in the UK are in a ‘robust position’ to deal with market fluctuations, an industry body has said.

The pound fell to a fresh...

Mon, 13/01/2025 - 14:22

Pressure mounts on Reeves as PM refuses to guarantee future of her job

Rachel Reeves is under intense pressure after Keir Starmer refused to guarantee her long-term future in No 11 as the value of the pound fell...

Mon, 13/01/2025 - 13:25

McFadden insists has full confidence in under-pressure minister Siddiq

Under-fire UK Treasury minister Tulip Siddiq has been backed by one of Keir Starmer’s most senior allies after she referred herself to the prime minister’s...

Mon, 13/01/2025 - 12:03

CBI head says Labour has ‘bruised’ trust of businesses after budget

The UK chancellor has ‘bruised’ business confidence by expecting companies to help fill the hole in public finances, the chair of the Confederation of British...

Mon, 13/01/2025 - 11:53

UK rate gap between 2- and 5-year fixed mortgages narrowest since 2023

The rate gap between the average two and five-year fixed-rate mortgage in the UK has shrunk to its narrowest level in two years, according to...

Mon, 13/01/2025 - 11:12

UK and Mauritius say ‘good progress’ made in Chagos Islands talks

The UK and Mauritius said they have made ‘good progress’ in talks to save the Chagos Islands deal.

Keir Starmer’s government is considering frontloading payments to...

Mon, 13/01/2025 - 10:17

Business chiefs’ pessimism adds to pressure on UK’s Rachel Reeves

UK Chancellor Rachel Reeves starts the week facing further pressure after a gloomy warning from some of Britain’s top executives.

A survey of UK chief financial...

Mon, 13/01/2025 - 09:58

UK Chancellor Rachel Reeves facing tough questions over fiscal rules

The pound has remained under pressure amid an intensifying sell-off in government bonds as UK Chancellor Rachel Reeves faces mounting questions over her fiscal rules.

Sterling...

Mon, 13/01/2025 - 09:45

Ireland construction work grows in December after months of stagnation

Ireland’s construction activity increased in December for the first time in eight months, purchasing managers’ index survey results from S&P Global showed on Monday, with...

Mon, 13/01/2025 - 07:20

UK PM Keir Starmer throws weight of Whitehall behind AI technology

Keir Starmer will throw the weight of Whitehall fully behind AI in a bid to boost growth.

The prime minister is set to unveil his Government’s...

Mon, 13/01/2025 - 06:40

Pages