Economic news and events

Keir Starmer backs Tulip Siddiq amid Bangladeshi anti-corruption probe

UK Prime Minister Keir Starmer has backed Tulip Siddiq, Downing Street indicated, after the Treasury minister was named in an anti-corruption investigation in Bangladesh.

Siddiq is...

Thu, 19/12/2024 - 15:40

UK Prime Minister Keir Starmer meets Sultan of Brunei

Keir Starmer praised the ‘strong relationship’ between the UK and Brunei as he met Sultan Haji Hassanal Bolkiah at Downing Street.

The UK prime minister greeted...

Thu, 19/12/2024 - 15:37

BoE holds rates in split decision amid lowered UK growth forecast

The Bank of England on Thursday left interest rates unchanged at 4.75%, although the vote was more divided than had been forecast.

The BoE’s Monetary...

Thu, 19/12/2024 - 12:34

Thames Water fined over dividends but granted 35% bill hike by 2030

Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also...

Thu, 19/12/2024 - 08:02

Household water bills to rise by an average £31 a year from April

Household water bills in England and Wales will increase by an average £31 a year over the next five years, regulator Ofwat has announced.

The increase...

Thu, 19/12/2024 - 07:59

Bank of Japan maintains key interest rate, yen falls

The Bank of Japan left borrowing costs unchanged on Thursday - although some analysts expect a rate hike in January - which extended a retreat...

Thu, 19/12/2024 - 06:10

Mauritius PM rejects Keir Starmer’s draft Chagos sovereignty deal

UK Prime Minister Keir Starmer’s deal to give up sovereignty over the Chagos Islands is in trouble after the new prime minister of Mauritius rejected...

Wed, 18/12/2024 - 16:45

English councils get £700 million funding boost under settlement

Funding for councils next year will be boosted by more than £700 million for social care and the cost of changes to national insurance, the...

Wed, 18/12/2024 - 14:47

Water bills in England and Wales to rise by at least 20% by 2030

Households in England and Wales are set to learn their water bills will rise by at least 20% by 2030 to fix the ‘twin crisis’...

Wed, 18/12/2024 - 12:45

Irish premier Simon Harris tenders resignation as new parliament meets

Irish premier Simon Harris has formally tendered his resignation as part of the formalities for the first sitting of the new parliament.

Harris visited Aras an...

Wed, 18/12/2024 - 10:59

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