UK Announces Limits On Regular Migration As It Tries To Turn Polls Around
Britain's embattled Conservative government unveiled a raft of measures Monday aimed at cracking down on record levels of migration -- a key battleground in a general election expected next year.
Bank of England Warns of Potential Market Correction Amidst Economic Uncertainties
The House of Lords Economic Affairs Committee released a report that critiques the Bank of England's scope of operation amidst the current cost of living crisis.
UK Shoppers Anticipate Reduced Black Friday Purchases Amidst Cost of Living Crisis
The cost of living crisis has caused consumers to be more wary of buying non-essentials this Black Friday due to inflation after the pandemic.
Net Migration to UK Hit Record 745,000 in 2022, New Figures Show
The Office for National Statistics (ONS) said the updated data replaces the previous estimate of 606,000, after making revisions to reflect "unexpected patterns" in migrant behaviour.
Gender Pay Gap for UK Women Aged 40 and Over Predicted to Persist Until Retirement
The gender pay gap in earnings reflects economic inequality about older women entering retirement with lower accrued earnings.
UK Rental Market Suffers Record Price Rise
UK housing rental prices spiked by a record rate with London hit particularly hard, official data showed Wednesday, stoking a cost-of-living crisis as inflation remains elevated despite a sharp slowdown.
UK Inflation Falls Sharply, Relieving Pressure On PM Sunak
UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.
UK Inflation Plunges to Lowest Figure in 2023 At 4.6% as Sunak on Track to Meet Annual Target
In September, inflation stood at 6.7 per cent, as many people across the UK continue to struggle with the cost-of-living crisis.
Bank of England Holds Interest Rates At 5.25% for Second Time
Nine members of the Monetary Policy Committee (MPC) voted 6-3 in favour of maintaining the current rate, in a move that was widely anticipated.
UK Businesses 'Stuck in Reverse' in October, According to Recent Survey
The figures are worrying reading, as the Bank of England (BoE) prepares for its latest interest rate decision next week.
Microsoft Edge Now Requires A Poll Before Letting You Install Google Chrome
The survey is probably part of a limited test, given that it only appears to some users when attempting to download Chrome.
UK Inflation Resists Expected Slowdown in September Amid Rising Oil Prices
CPI reported a year-on-year increase of 6.7 per cent, maintaining the same pace as the previous month, contrary to economists' predictions of a dip to 6.6 per cent.
Average Pay Growth Rises Above Inflation for the First Time in Almost Two Years
The figures show that between June and August of this year, wages rose at an annual rate of 7.8 per cent, higher than average inflation over the same three months.
How This Startup Sold 120 Million Tickets Around the World
With the global travel industry now picking up, online travel platform GetYourGuide continues to take flight.
New ONS Study Launched to Collect 'Robust' Winter COVID Data
The UK Health Security Agency has launched a new ONS study to understand the changes in COVID-19 in the winter months and lower the burden of the NHS.
Sunak Confirms Northern Leg of HS2 Will Be Scrapped in Closing Speech
Sunak declared that this move would save 36 billion pounds, which he would reinvest in hundreds of other transport schemes across the country.
Revised Figures Show UK Economy Recovered Faster Post-COVID Than Previously Estimated
New data has shown the UK economy grew faster than Germany or France since Covid, but analysts are wary of the future, as recent figures show sluggishness.
Bank of England Holds Interest Rates at 5.25%
The decision to hold the rate comes after figures revealed an unexpected slowdown in inflation in August.
UK Inflation Rate Drops for the Third Consecutive Month Despite Expectations
Whilst Whitehall says the slight drop in inflation month-on-month means its policies are working, the UK still has one of the highest inflation rates in the G20.
UK Inflation In Surprise Drop To 18-month Low
British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week's widely-forecast interest rate hike by the Bank of England could be its last for now.
Waitrose and Aldi cut more prices as Britain's food inflation picture improves
Grocery price inflation has fallen to its lowest level for more than a year, causing major supermarkets to slash prices.
Experts predict the Bank of England will raise interest rates a final time from 5.25% to 5.5%
Initial GDP figures for July show a fall of 0.5 per cent, a worse performance than expected by economists, increasing the fears of a "mild recession".
Prime Minister Rishi Sunak addresses G20 Summit outcomes and global challenges
The Prime Minister's statement emphasised the need for diplomatic pressure on Russia, the role of democracies in addressing global challenges and the UK's commitment to its citizens and allies.
FC Barcelona star Robert Lewandowski reportedly owes money to Polish Federation
The rumour emerged suddenly this week, but both camps have denied that there is any conflict between the player and the federation.
UK residents least likely to say work is important, says new survey
The number of people who place emphasis on the importance of leisure time has risen in recent decades.
Al-Ittihad to offer Liverpool world-record £215m transfer deal for Mohamed Salah
The Reds have been adamant that the striker is not for sale this summer.
Alcaraz, Medvedev ease into US Open second round
Carlos Alcaraz launched the defence of his US Open crown with a brisk victory after his opponent suffered an injury on Tuesday as third seed Daniil Medvedev strolled into the second round with a quick-fire win.
Liverpool star Mo Salah targeted by Al-Ittihad amid Benzema crisis
The offer is reportedly set to be bigger than Cristiano Ronaldo's current contract with Al-Nassr.
With the unique volatility of the UK housing market, is now a good time to buy or sell property?
The Halifax House Price Index found a -2.4 per cent annual decline, a monthly change of -0.3 per cent, in house prices, with the Director of Halifax Mortgages insisting that the equivalent of this drop in terms of cash is a thousand pounds.
UK annual inflation drops to 15-month low
Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.