Economic news and events

UK’s Lammy to press China on global issues including Ukraine on visit

The UK foreign secretary will urge China to stop supporting Russia’s war against Ukraine on a two-day visit this week as the government vowed to...

Fri, 18/10/2024 - 06:45

’Tough decisions’ to come, as Reeves submits budget plans to watchdog

Cabinet ministers will have to take ‘tough decisions’ on spending, Downing Street has warned, as the chancellor and prime minister have sent off their finalised...

Thu, 17/10/2024 - 14:36

UK extends business tax break scheme for energy efficiency projects

A scheme which gives businesses tax breaks for investing in energy efficiency is being extended for another six years, the UK government has said.

The Climate...

Thu, 17/10/2024 - 09:53

UK mulling sanctions for Israeli ministers due to situation in Gaza

The UK is considering sanctioning two Israeli ministers, Prime Minister Keir Starmer confirmed on Wednesday as pressure mounts on the Tel Aviv government over its...

Thu, 17/10/2024 - 09:41

UK Foreign Secretary David Lammy to make official visit to China

David Lammy will visit China on Friday and Saturday, Beijing’s foreign affairs ministry has confirmed.

The UK foreign secretary’s first visit to the country since taking...

Thu, 17/10/2024 - 09:37

UK landlords call for budget tax breaks to boost supply, control rents

Private sector landlords in the UK have called on Rachel Reeves to give them new tax breaks to help keep rents down and boost the...

Thu, 17/10/2024 - 08:42

TOP NEWS: Biden announces $425 million Ukraine arms package

US President Joe Biden announced a $425 million arms package for Kyiv Wednesday in a call with President Volodymyr Zelensky, ahead of a farewell visit...

Wed, 16/10/2024 - 20:22

Insurance industry to meet UK ministers over premiums; FCA sets review

Insurance industry bodies will meet with ministers and consumer groups on Wednesday as the UK government has committed to crack down on ‘spiralling’ costs of...

Wed, 16/10/2024 - 10:47

EXTRA: Big CPI miss will be music to BoE’s ears as services prices ebb

Softer than expected UK inflation figures increases the chances of back-to-back interest rate cuts in November and December, economists on Wednesday said.

According to the...

Wed, 16/10/2024 - 10:33

Reeves eyes up to £40 billion in tax rises, spending cuts in budget

Rachel Reeves is looking to make up to £40 billion of tax rises and spending cuts in this month’s budget as the government seeks to...

Wed, 16/10/2024 - 08:40

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