Economic news and events

The group behind one of Britain’s largest oil refineries has collapsed into administration, sparking fears over oil supplies

The final phase of post-Brexit food labelling on products being shipped from Great Britain to Northern Ireland has been

Energy firms in Great Britain are set to discuss how the National Grid could be upgraded to cope with the future demands of

Industrial firms in the UK are to be hit with nearly £700 million in new property taxes, offsetting some of the UK government

The UK manufacturing sector remained in contraction territory in June, numbers on Tuesday showed, though the downturn eased

The average UK house price dipped by 0.8% month-on-month in June, according to an index.

Across the UK, the typical property

UK Prime Minister Keir Starmer continues to face the prospect of a major rebellion over his welfare cuts despite making

A move to give ministers an emergency power to counter the commercial fallout of EU law post-Brexit suffered a delay after a

The UK government’s U-turn on welfare cuts will cost taxpayers around £2.5 billion by 2030, the Work & Pensions Secretary has

Ireland’s harmonised consumer price inflation rate is expected to have picked up in June, preliminary data published by the

UK mortgage approvals were higher than expected in May, numbers from the Bank of England showed on Monday.

Net mortgage

UK gross domestic product grew as expected during the first quarter of 2025, according to data from the Office for National

The UK government is to set out the concessions it has made to its welfare reforms in the hope that the climbdown on cuts

Tariff cuts for the UK automotive and aerospace sectors have come into force after Prime Minister Keir Starmer finalised

Keir Starmer has said he did not get to grips with the growing rebellion over welfare reforms earlier as he was focused on

There are predictions of tax rises in the autumn budget after Keir Starmer U-turned on welfare reforms in the face of a

There are predictions of tax rises in the Autumn budget after Keir Starmer U-turned on welfare reforms in the face of a

Keir Starmer has said his welfare reforms now strike ‘the right balance’ after he U-turned in the face of a major backbench

Keir Starmer has said he ‘deeply regrets’ claiming the UK risked becoming an ‘island of strangers’ in an immigration speech

The number of UK home sales picked up by a quarter month on month in May following a plunge in April as a stamp duty holiday

The UK and France are expected to announce a one in, one out migrant returns deal to crack down on English Channel crossings

Ministers now expect the UK government’s welfare legislation to pass the Commons after Prime Minister Keir Starmer backed

Production of cars and commercial vehicles in the UK fell for the fifth month in a row in May, while car exports to the US

People who currently receive the personal independence payment, Pip, will continue to do so after the UK government made

Bank of England Governor Andrew Bailey has cautioned over growing evidence that employment tax hikes are hitting pay and jobs

UK Trade Secretary Jonathan Reynolds said that the Tata Steel plant in Port Talbot does not meet ‘melt and pour’ rules needed

Prime Minister Keir Starmer has said the trio of recent UK trade deals has ‘restored our identity’ in a ‘volatile world’, as

UK Prime Minister Keir Starmer is trying to head off a growing Labour rebellion over the government’s welfare reforms.

Downing

Donald Trump is to make a full state visit to the UK this year after the King and the US president’s busy diaries mean they

Keir Starmer has insisted he will have a showdown with Labour rebels over the welfare reforms which have split his party.

The

Keir Starmer said Labour would stick to its commitment not to raise taxes to reach a new defence and security spending pledge

The governor of the Bank of England has said the unpredictability of world events including tariffs and conflict in the

Keir Starmer faces a showdown with Labour rebels after vowing to press ahead with welfare reforms despite a brewing revolt

Keir Starmer said Labour would stick to its commitment not to raise taxes to reach a new defence and security spending pledge

Chinese spying, interference in the UK’s democracy and attempts to undermine the economy have increased in recent years, the

Bank of England interest rate-setter Megan Greene has cautioned that recent rises in inflation could prove longer-lasting

(Kantar corrects to say June grocery price inflation rate was highest since February 2024.)

UK grocery sales climbed over the

UK grocery sales climbed over the past three months, with supermarket footfall spiking to a five-year high, though price

More than 100 Labour MPs have signed their names to a Commons bid to halt the UK government’s welfare reforms in their tracks

The UK prime minister heads to a Nato summit on Tuesday amid uncertainty surrounding a ceasefire between Israel and Iran

Foreign oil firms including giants BP PLC and TotalEnergies SE evacuated some foreign staff from southern Iraq amid regional

Electricity costs for thousands of businesses will be cut in the UK by scrapping green levies to help them compete with

Britain’s film, music and video game industries are set to receive millions of pounds of investment as the government seeks

Ireland’s annual fall in producer prices slowed in May, data published by the Central Statistics Office showed Monday.

The

Ukrainian President Volodymr Zelensky landed in London on Monday and will meet with British Prime Minister Keir Starmer and

UK private sector growth quickened this month, a preliminary survey result showed on Monday, led by the services industry.

Th

The British Business Bank is to hand major investment to UK entrepreneurs as part of a £6.6 billion commitment to support

UK Foreign Secretary David Lammy has reiterated the need for ‘regional stability’ in the Middle East following talks with US

Keir Starmer has urged Iran to return to negotiations after Donald Trump launched US air strikes on the regime’s nuclear

The number of companies going bust across England and Wales increased last month after firms swallowed increased costs