UK economy News
Latest articles and news about UK economy on AXL Media.
Latest Articles
- Prime Minister Starmer Convenes COBRA to Shield UK Economy from Iran Conflict Fallout
Published: Apr 27, 2026
Section: Europe
British Prime Minister Keir Starmer has scheduled an emergency COBRA committee meeting for Tuesday, April 28, 2026, to address the mounting economic impact of the war in Iran. In a...
- Prime Minister Keir Starmer Convenes Emergency Session with Bank of England Governor Over War Costs
Published: Mar 22, 2026
Section: Iran War
British Prime Minister Keir Starmer is scheduled to lead an emergency summit on Monday to address the intensifying economic repercussions of the conflict with Iran. Bank of England...
- BoE Unanimous 9-0 Vote to Hold Rates as Middle East Conflict Clouds Inflation Outlook
Published: Mar 21, 2026
Section: Banking & Finance
The Bank of England’s Monetary Policy Committee (MPC) voted unanimously to keep interest rates at 3.75% on Thursday, citing heightened risks from the ongoing war in the Middle East...
- Bank of England Holds Rates Unanimously as Middle East Conflict Rattles Gilt Markets
Published: Mar 21, 2026
Section: Banking & Finance
The Bank of England’s Monetary Policy Committee (MPC) voted 9-0 on Thursday to maintain current interest rates, citing significant inflation risks stemming from the escalating war...
- UK Wage Growth Slows to Five-Year Low Amid Regional Conflict and Oil Price Surges
Published: Mar 21, 2026
Section: Global Economy
Official data reveals British wage growth slowed to 3.8% in the three months to January 2026, marking the weakest increase since late 2020. While cooling pay normally signals poten...
- Bank of England Holds Rates at 3.75% as Middle East Conflict Jolts Energy Markets
Published: Mar 19, 2026
Section: Banking & Finance
The Bank of England’s Monetary Policy Committee (MPC) voted unanimously on Thursday to maintain interest rates at 3.75%, defying analyst expectations of a split decision. While the...
- Bank of England Maintains Rates Amid Inflationary Pressures from Middle East Conflict
Published: Mar 19, 2026
Section: Markets
The Bank of England’s Monetary Policy Committee (MPC) voted unanimously on Thursday to keep interest rates unchanged, citing significant inflation risks arising from the ongoing wa...
- London Markets Extend Recovery as Falling Crude Prices Boost Investor Sentiment
Published: Mar 18, 2026
Section: Global Economy
London’s equity markets continued their upward trajectory on Wednesday, as a significant retreat in global oil prices provided a breather for investors previously rattled by escala...
- Chancellor Rachel Reeves Unveils Landmark Tax Devolution Strategy to Empower Regional Mayors and Stimulate Growth
Published: Mar 18, 2026
Section: Europe
Chancellor Rachel Reeves has announced a transformative shift in fiscal policy, proposing to grant regional mayors direct control over a portion of national tax revenues to address...
- United Kingdom chancellor delays scheduled removal of north sea windfall tax following iranian conflict price surge
Published: Mar 4, 2026
Section: Global Economy
Chancellor Rachel Reeves has postponed plans to scrap the controversial Energy Profits Levy on North Sea oil and gas producers due to rising energy prices. The decision follows eme...
- Greggs leadership attempts to reassure markets as bakery chain becomes the most shorted stock in Britain
Published: Mar 3, 2026
Section: Business & Economy
Greggs CEO Roisin Currie has defended the company’s rapid expansion and menu diversification, including moves into matcha and iced drinks, as short interest in the firm exceeds 14...
- British construction sector recovery remains fragile as high labor costs and planning delays hamper housebuilding targets
Published: Mar 3, 2026
Section: Business & Economy
A new report indicates that while the UK construction industry is set for 4.5 per cent growth in 2026, the recovery remains uneven and threatened by rising wages and labor shortage...