News And Announcements
The chancellor Jeremy Hunt looked to rule out any imminent tax cuts on Friday, arguing that inflation needs to fall first.
Surging costs could see the controversial High Speed 2 rail link stop short of central London, it was reported on Friday.
US new home sales rose in December, but fell overall in 2022, according to figures released on Thursday by the Commerce Department.
Retail sales fell sharply in January, a closely-watched survey showed on Thursday, reversing festive gains.
UK producer price inflation slowed in December, official data showed on Wednesday, as cost pressures eased.
UK retail footfall reported strong growth during 2022, industry research showed on Wednesday, although it remains below pre-pandemic levels.
A UK pub industry lobby group has called for a parliamentary inquiry into what it called profiteering by the energy industry at the expense of its members.
The manufacturing sector continued to struggle over the last three months, a survey suggested on Tuesday, although cost pressures showed signs of easing.
Private sector business activity fell sharply in January, a well-regarded survey showed on Tuesday, as higher interest rates and weakening demand weighed heavily.
German consumer confidence is continuing to edge higher, a closely-watched survey showed on Tuesday, as energy costs ease.
UK government borrowing hit a fresh high in December, mostly due to the household energy support scheme and high debt interest costs.
The UK economy is facing a deeper recession than currently expected, economic forecasters at EY warned on Monday.
National Grid will pay some British households to use less power on Monday, the first time a new scheme will be put into practice.
Retail sales continued to fall in December, official data showed on Friday, as hard-pressed shoppers cut back on spending.
Consumer confidence faltered in January, a well-regarded survey showed on Friday, as concerns about the strength of the economy weighed heavily.
House prices fell sharply in December, a closely-watched survey showed on Thursday, with weakness forecast to continue well into 2023.
Australian billionaire Andrew Forrest is planning to open an advanced battery plant in Oxfordshire later this year, creating up to 300 new jobs.
UK inflation eased in December, but remained close to a 40-year high, according to figures released on Wednesday by the Office for National Statistics.
Investor sentiment bounced back in Germany, a closely-watched survey suggested on Tuesday, beating expectations.
German inflation continued to ease in December, official data showed on Tuesday, as energy prices softened.