Economic news and events


UK chancellor vows action to meet fiscal rules as borrowing costs rise

Rachel Reeves has said she will ‘take action’ to meet her fiscal rules following turbulence on the gilt markets in the UK.

Increases in the government’s...

Sun, 12/01/2025 - 10:28


UK must ‘engage confidently with China’ on trade - Chancellor Reeves

The UK ‘must engage confidently with China’ in trade, Rachel Reeves has suggested, as she arrived in Beijing amid market turbulence at home.

The chancellor has...

Sat, 11/01/2025 - 09:18


UK Chancellor Reeves says fiscal rules ‘non-negotiable’

Rachel Reeves vowed to stand by her ‘non-negotiable’ fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets.

Visiting bicycle-maker...

Sat, 11/01/2025 - 09:16


Britain has enough gas, network says amid warnings stores are low

Britain has enough gas, the network operator has said after warnings that stores are at ‘concerningly low’ levels.

National Gas said on Friday that supplies remain...

Fri, 10/01/2025 - 20:37


US judge spares Trump jail or fine for hush money conviction

A judge sentenced Donald Trump to an unconditional discharge Friday for covering up hush money payments to a porn star despite the US president-elect’s last-ditch...

Fri, 10/01/2025 - 16:38


Ireland taoiseach and tanaiste refuse to comment on trust in Lowry

The taoiseach and tanaiste have refused to be drawn on whether they consider Michael Lowry to be trustworthy, as they engage in Irish government formation...

Fri, 10/01/2025 - 06:03


UK Chancellor Reeves faces pressure to balance books as yields rise

Rachel Reeves faces further pressure to balance the books as the UK’s borrowing costs hit their highest level since the 2008 financial crisis.

The chancellor is...

Fri, 10/01/2025 - 06:03


France’s Macron, UK PM Starmer discuss Ukraine, Middle East at meeting

French President Emmanuel Macron met with UK Prime Minister Keir Starmer on Thursday in Britain, where they discussed the conflicts in Ukraine and the Middle East. 

Starmer...

Fri, 10/01/2025 - 06:03


UK households may face a further income squeeze, say experts

Households may face a further income squeeze, with the potential for upward pressure on mortgage rates and some prices perhaps becoming more expensive, experts have...

Thu, 09/01/2025 - 14:31


PRESS: Shein London listing could be completed by Easter - Reuters

Online fast-fashion retailer Shein is aiming to list in London in the first half of the year, Reuters reported on Thursday, assuming it gains regulatory...

Thu, 09/01/2025 - 13:19


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