Economic news and events


UPDATE: Court halts conclusion of Chagos Islands deal with injunction

The UK government has temporarily been banned from concluding its negotiations on the Chagos Islands deal by an injunction granted in the early hours by...

Thu, 22/05/2025 - 08:19


Pressure on UK Chancellor Reeves as borrowing jumps to £20.2 billion

UK government borrowing rose by more than expected to £20.2 billion last month, mounting further pressure on Chancellor Rachel Reeves to meet her fiscal rules.

The...

Thu, 22/05/2025 - 08:13


US accepts Boeing jet from Qatar for use as Air Force One

US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald Trump for use as Air...

Thu, 22/05/2025 - 06:45


UK Prime Minister Keir Starmer due to sign off Chagos Islands deal

UK Prime Minister Keir Starmer is due to sign off on the Chagos Islands deal on Thursday, handing them over to Mauritius.

The PA news agency...

Thu, 22/05/2025 - 06:44


UK PM may expand pensioner eligibility for winter fuel allowance

Keir Starmer has said the government wants to make more pensioners eligible for winter fuel payments.

The apparent U-turn comes as the prime minister has faced...

Wed, 21/05/2025 - 13:18


UPDATE: Kendall says UK welfare reforms will address ‘economic crisis’

Liz Kendall has insisted she will press ahead with measures to cut the welfare bill amid Labour pressure on UK Prime Minister Keir Starmer to...

Wed, 21/05/2025 - 12:28


UK government says broadly supports blending hydrogen in gas supply

The UK government is broadly supportive of blending hydrogen into the gas network and is actively considering the matter, energy minister Michael Shanks has said.

Replacing...

Wed, 21/05/2025 - 12:20


‘Record’ 81 criminal investigations into UK water sector

A ‘record’ 81 criminal investigations into environmental breaches by water firms have been launched as the UK government attempts to show it is getting to...

Wed, 21/05/2025 - 12:02


UK consumer price inflation rate tops forecast and picks up to 3.5%

UK consumer price inflation was hotter-than-expected last month, spiking to the loftiest level since the start of last year, numbers from the Office for National...

Wed, 21/05/2025 - 07:19


£5 billion welfare cuts needed to ‘save’ system, UK’s Kendall to say

The UK Work & Pensions Secretary will stand firm on Labour’s £5 billion plans for welfare cuts on Wednesday, arguing that reform is needed to...

Wed, 21/05/2025 - 06:45


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