UK’s Reeves announces £5.5b budget cuts
Britain's new finance minister, Rachel Reeves, has unveiled plans for immediate budget cuts totaling £5.5 billion,…
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Britain
UK gas network set to support hydrogen fuel use
Britain's national gas network is now ready to accommodate hydrogen as a fuel for powering homes and industries,…
UK mulls 5.5% pay rise for 2m workers – Reeves
Britain’s new Finance Minister, Rachel Reeves, is considering substantial pay increases for nearly 2 million…
UK plans pension overhaul for economic growth
Britain's new Labour government is reviewing the pensions system to shift more investment into productive assets,…
UK wage growth remains elevated, BoE targets inflation
wage growth for workers in Britain moderated In the three months leading up to the end of May, inflation remained…
TotalEnergies, SSE team up for EV charging expansion
French oil major TotalEnergies and UK power firm SSE have formed a joint venture, Source, aiming to capture a 20…
Inflation unlikely to rise, time to cut rates – BOE’s Dhingra
Inflation in Britain is unlikely to rise sharply again, and the central bank should reduce borrowing costs, Bank of…
Strong growth vital for UK debt stability- S&P Global
Stronger economic growth is crucial to stabilising Britain's mounting public debt, according to credit rating…
UK renewables sector seeks boost in offshore wind auction funds
Following Labour's election victory in Britain, the renewables sector is urging the government to significantly…
UK housing market slows as rate cut hopes fade
Britain's housing market slowed in May as the outlook for imminent rate cuts by the Bank of England dimmed, causing…
