Economic news and events


UK government to ban new coal mining schemes as turns to clean energy

New coal mining schemes will be banned in the UK, the government has said.

Ministers have confirmed that legislation will be introduced to restrict the future...

Thu, 14/11/2024 - 14:08


UK condemns Israel’s Smotrich over West Bank annexation comments

The UK has condemned Israeli government minister Bezalel Smotrich for suggesting annexation of the West Bank.

The finance minister, a hard-line settler leader, said he hoped...

Thu, 14/11/2024 - 11:05


UK pension ‘megafunds’ to be created to boost investment and growth

UK pension ‘megafunds’ are set to be created to help unlock billions of pounds of investment in businesses and infrastructure.

Rachel Reeves will use her first...

Thu, 14/11/2024 - 05:59


‘Optimism’ amid UK house builders as new home registrations up on-year

New home registrations jumped by 40% in the third quarter of this year compared with the same period a year earlier, according to an industry...

Wed, 13/11/2024 - 11:06


UK PM Keir Starmer set to withdraw offer of new job from Sue Gray

UK Prime Minister Keir Starmer is poised to withdraw the offer of a new job to his former chief of staff Sue Gray, according to...

Tue, 12/11/2024 - 13:47


PM Keir Starmer confirms UK pledge to cut emissions by 81% by 2035

The UK has pledged an 81% cut to emissions by 2035, Prime Minister Keir Starmer has confirmed.

The goal, unveiled by the prime minister at Cop29...

Tue, 12/11/2024 - 11:31


TOP NEWS: UK grocery sales up as Christmas spending comes ‘early’

UK grocery sales spiked as trips to supermarkets hit the highest level since the onset of Covid, numbers from Kantar showed on Tuesday.

‘Christmas came early’...

Tue, 12/11/2024 - 09:18


TOP NEWS: UK jobless rate rises but average earnings beat forecast

The UK unemployment rate increased in the September quarter while wage growth eased, numbers on Tuesday showed.

According to the Office for National Statistics, the...

Tue, 12/11/2024 - 07:17


UK and France seek to put Ukraine in ‘strongest possible position’

UK Prime Minister Keir Starmer and French President Emmanuel Macron discussed putting Ukraine in the ‘strongest possible position going into winter’ as they met amid...

Tue, 12/11/2024 - 05:50


Contraction in Irish construction activity slows in October

The decline in construction activity in Ireland slowed in October as companies were increasingly confident that activity may speed up again, data published by S&P...

Mon, 11/11/2024 - 06:45


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