Industrialised nations will use this week’s G7 energy ministers gathering in Toronto to accelerate plans for a coordinated strategy on…
Category: Economy
ECB Set to Pause Rate Moves Again as Inflation Stays Tame
The European Central Bank is widely expected to keep interest rates unchanged for a third consecutive meeting on Thursday, signalling…
London Faces Severe Transport Disruption as Tube Workers Launch Five-Day Strike
LONDON: Millions of commuters and businesses across London are bracing for a week of disruption as workers on the London…
Sterling Holds Steady as Gilt Sell-Off Shows Signs of Easing
LONDON – The pound steadied on Friday after a turbulent week that underscored investor anxiety over the UK’s fiscal outlook,…
UK Green‑lights £38 Billion Sizewell C Nuclear Plant to Secure Future Energy
LONDON, July 22 — The UK government has granted final investment approval for the £38 billion Sizewell C nuclear power station,…
UK inflation rockets in April
The office for national statistics said inflation leapt to 3.5% in April from 2.6% in March, the highest reading since…
UK economy grew more quickly than forecast in early 2025
LONDON- Britain’s economy unexpectedly grew in March to push up output over the first quarter of 2025 by the most…
UK Public Finances Under Severe Strain Amid Mounting Borrowing Crisis
The UK’s economic outlook has taken a sharp turn for the worse, with newly released figures showing a dramatic overshoot…
UK in Strong Position to Overturn US Tariffs- Reynolds
The UK remains in the best position to overturn US trade tariffs, despite failing to secure an exemption thus far,…
UK Unemployment Rate Holds at 4.4% as BoE Expected to Maintain Interest Rate
Britain’s unemployment rate remained steady at 4.4% in the three months to January, according to data from the Office for…