Policymakers at the Bank of England are getting ready to lower interest rates and lower their projections for economic growth, which might pose a threat to Chancellor Rachel Reeves’s next …
Economy
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Economy
Labour MPs Call for Stronger Stance on Immigration and Northern Investment Amid Reform UK Threat
Red Wall Labour MPs are pushing party leader Sir Keir Starmer to take a strong position on immigration and advocate more northern English investment. Many of the MPs, who represent …
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Arguing that more Russia sanctions will assist to hasten the end of the war in Ukraine, Keir Starmer has urged European leaders to boost economic pressure on Moscow. At a …
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With just 780,000 cars produced, UK car output dropped to its lowest point in seven decades in 2024. Except for the epidemic’s effect when manufacturing closures and supply chain interruptions, …
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Economy
Chancellor’s Heathrow Expansion Plan Could Increase Airline Ticket Prices by £40, Treasury Warns
Rachel Reeves’s proposal to expand Heathrow Airport could significantly raise the cost of air travel, with new Treasury analysis suggesting that the Heathrow expansion may add up to £40 to …
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The UK government’s statistics agency, the Office for National Statistics (ONS), is investing £8 million in a bid to fix its “virtually unusable” data on unemployment and wages. This decision …
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The United Kingdom has risen to the second spot in global investment attractiveness, according to the latest PwC survey, signaling a positive shift in the country’s economic prospects. The UK Investment …
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The UK government has voiced increasing concern over the possibility of a “tariff war” between the United States and other countries, which could lead to higher inflation and rising unemployment. …
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UK business executives focus on cost-cutting and reducing their hiring plans in response to the government tax increases announced in the autumn budget. As a result of many organizations using …
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A KPMG and the Recruitment & Employment Confederation (REC) poll shows that UK job postings for permanent posts dropped at their fastest pace in four years last month, indicating mounting …