U.K. News

The latest U.K. News from the World News Index.

Britain resilient despite high interest rates and stagnant global growth

Britain resilient despite high interest rates and stagnant global growth

Britain’s resilience to economic shocks has surprised many over the past year including the IMF.

October 25, 2023, 11:20 am, BST

Bank of England increases interest rate to 5.25% as homeowners face higher mortgage costs

With two-year fixed mortgages across the UK raising the costs for more than 1 million homeowners, the latest interest hike…

August 3, 2023, 1:50 pm, BST

UK inflation falls more than expected to 7.9%

The UK’s latest figures for inflation have shown a sharper than expected fall in June to 7.9% amid speculation that…

July 19, 2023, 9:58 am, BST

UK joins £12 trillion CPTPP trade bloc with new access to fast-growing economies

The UK has officially joined the CPTPP Indo-Pacific trade bloc and becomes the second largest economy in GDP in the…

July 16, 2023, 12:42 pm, BST

UK on path to recovery as it avoids recession in 2022

Despite high inflation and soaring interest rates, the UK economy has remained resilient.

February 10, 2023, 11:22 am, GMT

Biggest overhaul of financial regulations in a generation to turbocharge UK growth

The government today announced one of the most significant revisions to banking regulation in more than three decades.

December 9, 2022, 5:15 pm, GMT

National Grid offering incentives for households to cut energy usage across the UK during peak hours

A new energy rebate being launched this month will provide households across England, Scotland and Wales, the option to receive…

November 5, 2022, 2:33 pm, GMT

Britain facing prolonged recession but fundamentals remain good

Despite the somber warnings from economists, Britain’s current economic fundamentals remain good. This is due to its near 40-year low…

November 5, 2022, 1:03 pm, GMT

UK inflation hits 10.1% as food prices rise sharply

The latest UK inflation figures from the Office for National Statistics have revealed that the consumer prices index increased to…

October 19, 2022, 4:59 pm, BST

Bank of England raises interest rates to 2.25% as economy falters

The Bank of England today unveiled its latest interest rate hike following a delay due to the Queen’s funeral.

September 22, 2022, 4:33 pm, BST