Economic news and events


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


TOP NEWS: UK consumer price inflation falls below 2% target

UK consumer price inflation fell in September to its lowest rate in more than three years, data showed on Wednesday, while producer prices also decreased.

The...

Wed, 16/10/2024 - 07:24


UK asking rents ‘hit fresh records’ in third quarter of 2024

Asking rents outside London have hit a new record high of £1,344 on average per month, having increased by 5.2% annually, according to a property...

Wed, 16/10/2024 - 06:35


UK government faces ‘extra £100 million bill’ for state pension rise

The UK government is facing an extra £100 million bill for next year’s state pension increases following revised official figures published on Tuesday, according to...

Tue, 15/10/2024 - 11:24


UPDATE: UK PM Keir Starmer welcomes £550 million housing investment

Keir Starmer has welcomed private investment of £550 million to make it easier for people to find a home.

Schroders PLC, Man Group PLC and Resonance...

Tue, 15/10/2024 - 09:23


TOP NEWS: UK jobless rate declines but wage growth cools

The UK unemployment rate edged lower in the three months to August, but wage growth abated, numbers on Tuesday showed.

According to the Office for...

Tue, 15/10/2024 - 07:19


UK government announces £68 million for homes on brownfield land

Councils will receive £68 million to help build thousands of homes on disused brownfield sites, the UK government has announced.

The money, spread around 54 local...

Tue, 15/10/2024 - 06:57


Investments from private sector to support UK government housing drive

The UK government said impact investing will help to tackle the housing crisis as it announced private sector commitments to put hundreds of millions into...

Tue, 15/10/2024 - 06:50


UK’s Reeves warns of ’difficult decisions’ on tax ahead of budget

Rachel Reeves warned her budget on October 30 would be ‘tough’ as she gave the clearest signal yet that businesses will face a hike in...

Mon, 14/10/2024 - 16:40


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