Economic news and events

NATO head Mark Rutte on Monday urged a ‘quantum leap’ in defence capabilities including a ‘400% increase’ in air and missile

Britain’s Labour government on Monday announced it had reversed a policy to scrap a winter heating benefit for millions of

UK Prime Minister Keir Starmer on Monday pledged to boost ‘homegrown talent for the AI age’ by teaming up with tech giants to

Ireland’s industrial sector grew 13.2% on a quarterly basis between February and April, data published by the Central

The UK Home Office remains locked in negotiations with the Treasury over its budget, with time running out before the

UK Prime Minister Keir Starmer will travel to Canada later this week to meet Mark Carney for talks on security and economic

Chinese Vice Premier He Lifeng will meet a US delegation for talks next week in Britain, Beijing announced Saturday amid a

The UK government on Sunday announced £86 billion of investment in science and technology and defence by 2030, days before it

Senior representatives from the US and China will meet in London on Monday for further trade talks, US President Donald Trump

David Lammy will seek to deepen UK-India economic ties as he visits New Delhi this weekend, saying Britain’s recently agreed

Japan said on Saturday it was making ‘progress’ in talks aimed at easing US President Donald Trump’s tariffs, but cautioned

US President Donald Trump said Friday that Elon Musk had ‘lost his mind’ but insisted he wanted to move on from the fiery

The average UK house price fell by around £1,150 or 0.4% in May, Halifax Building Society said on Friday, according to its

UK Prime Minister Keir Starmer will host NATO head Mark Rutte in London next Monday for talks focussing on defence spending

Ireland’s quarterly economic growth accelerated at a much quicker pace than the initial estimate, provisional data published

Ireland’s unemployment rate continued to improve in May, data published by the Central Statistics Office showed on Thursday

UK construction activity was better than expected in May, as its decline slowed, survey results from S&P Global showed on

The UK’s new car market returned to growth in May with a 1.6% increase in registrations, figures show.

Industry body the

The UK’s headline inflation figure was 0.1 percentage points too high for April due to an error in the vehicle tax data

Troubled Thames Water is ‘contemptible’ and lies to the public, Parliament has heard.

The scathing assessment was made at

The US trade deal will be implemented ‘within a very short time’, the UK prime minister has said after Donald Trump exempted

Health workers are to be balloted on industrial action in a dispute over pay.

Unite said its members in England and Wales will

Police in the UK will not have to make choices about which crimes they investigate following the government’s spending review

Rachel Reeves acknowledged she had been forced to reject calls for funding for ‘good’ projects as she refused to loosen the

More pensioners will receive the winter fuel allowance this winter – but payments will not be universal, the government has

The UK government remains ‘confident’ it can implement its trade deal with the US in time to prevent Britain’s steel industry

UK service sector activity returned to stronger-than-expected growth in May, but pressures on margins from increased costs

Senior police chiefs and government watchdogs have written to the UK prime minister warning they will be forced to make

UK Chancellor Rachel Reeves is set to tear up Treasury rules as she announces billions of pounds of investment in public

UK industry has welcomed Donald Trump’s decision to keep tariffs at 25% on British steel and aluminium for now, but warned

Keeping Thames Water and other utility firms afloat through public ownership could draw money away from the NHS, the UK’s

The speed at which UK interest rates can be cut is ‘shrouded in a lot more uncertainty’ due to the ‘unpredictable’ global

UK economic forecasts have been downgraded for the next two years as trade tensions linked to US President Donald Trump’s

Britain faces ‘water rationing like we have in the Mediterranean’ without new reservoirs, the water minister has warned.

Emma

Keir Starmer has said another Scottish independence referendum is not a ‘priority’ and he cannot imagine one taking place

The water sector in England and Wales needs a ‘fundamental reset’ after being plagued with ‘deep-rooted, systemic’ failures

UK Trade Secretary Jonathan Reynolds is set to meet US officials on Tuesday as the UK aims to set a timeline for its

Military drones and lasers will receive a £5 billion investment as the UK government bids to put ‘the kit of the future into

The UK will move to ‘war-fighting readiness’, Keir Starmer said as questions remained about his plans to increase defence

Planned border checks on fruit and vegetables imported into the UK from the EU will be scrapped.

The government has said Keir

The UK manufacturing economy remained in contraction territory in May, numbers on Monday showed, amid weak global demand and

Mortgage borrowing by UK households plunged in April, while credit card spending surged, according to Bank of England data

The UK must change its approach to defence in a changing world which is more unstable and insecure than before, Keir Starmer

The UK will build up to 12 new nuclear-powered attack submarines and invest £15 billion in its warhead programme, Prime

Airlines on Monday revised down their traffic and profit forecasts for 2025, citing ‘headwinds’ for the global economy, with

UK house price growth accelerated in May, amid ‘supportive’ underlying conditions for home buyers, according to an index.

Prop

Sir Keir Starmer has pledged a wave of new investments to turn the armed forces into a ‘formidable, integrated fighting

Defence spending at 3% of GDP by 2034 is a firm commitment, John Healey has said.

The Government has previously set out its

Consumer prices in Ireland cooled in May, as weaker energy and transport costs helped ease broader inflationary pressures

A rate-setter at the Bank of England has said he remains ‘pretty concerned’ about the economic outlook as he renewed calls to