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      A general view shows pylons and Ferrybridge C power station, owned by energy company SSE, which is set to stop generating and close in March 2016, near Knottingley, northern England, on May 24, 2015. The coal-fired powerstation went online in 1966. AFP PHOTO / OLI SCARFF (Photo credit should read OLI SCARFF/AFP/Getty Images)

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Economy

  • UK unemployment falls unexpectedly as wage growth slows to two-year low

    August 13, 2024

    UK unemployment unexpectedly fell in the three months to June while a slowdown in wage growth to its lowest level in more than two years added to signs that the jobs market is cooling.

  • UK economic data dump set to bolster case against September rate cut

    August 12, 2024

    A slew of official UK economic data this week is poised to bolster the case for policymakers at the Bank of England not to cut interest rates next month, with inflation forecast to rise for the first time this year.

  • UK business output jumps to highest level in two years as further rate cuts expected

    August 12, 2024

    UK business output has jumped to its highest level in two years, according to a closely-watched survey, as the expectation of more interest rate cuts provide optimism for the coming months.

  • Violence on the streets has a long tail in terms of stability

    August 12, 2024

    Starmer has built his vision on stability - but the riots could undermine all that, writes Eliot Wilson

  • British Business Bank posts second straight loss as tech valuations struggle

    August 8, 2024

    State-owned lender the British Business Bank has recorded a second straight annual loss as a decline in start-up valuations weighed on its financial performance.

  • Explainer: Who wants to live in a 24 hour city?

    August 6, 2024

    Is the world moving towards 24-hour alcohol licensing? Is that a good thing?

  • The UK economy has defied gloomy expectations. Can this continue?

    July 25, 2024

    The UK economy has surprised pundits again and again this year, growing at a much faster rate than almost anyone had expected.

  • Will Labour’s move to hire 300 planning officers be enough to get Britain building again?

    July 24, 2024

    Since entering office, planning reforms have been central to the new government’s attempts to stimulate higher economic growth. Chancellor Rachel Reeves has already announced a number of important changes to the planning regime with more changes expected before the end of the month. Alongside these reforms, the government has committed to hire 300 extra planners [...]

  • China’s Q2 GDP below expectations, fuels calls for ongoing stimulus

    July 15, 2024

    China's economy expanded by 4.7 per cent in the second quarter of the year compared to the same period last year.

  • Business confidence rises to highest level in two years but concerns over costs remain

    July 10, 2024

    "These figures suggest that businesses shrugged off any distraction caused by the general election, as lower inflation and stronger expected sales growth drove an encouraging uptick in confidence in the second quarter," Suren Thiru, ICAEW economics director, said.

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