Budget leak shock: UK’s Treasury chief Reeves unveils tax plan in Parliament; Labour braces for political fallout
Britain’s Treasury chief Rachel Reeves delivered a tax-raising budget following a major leak from the Office for Budget Responsibility. The proposals include freezing tax thresholds, ...
UK wage rise: Minimum pay raised for 2.7 million workers from April
Millions of UK workers will see their pay rise from April with new minimum wage rates confirmed. Over-21s will earn £12.71 per hour, while younger ...
Policy pause: Bank of England holds rates at 4% ahead of UK budget; Bailey signals caution as inflation, growth pressures persist
The Bank of England maintained its benchmark interest rate at 4%, prioritizing caution ahead of the UK government’s budget, which is anticipated to include tax ...
UK interest rates: Bank of England holds interest rate at 4%; inflation lingers at 3.8%
The Bank of England maintained its key interest rate at 4 per cent, despite UK inflation remaining high at 3.8 per cent in August, nearly ...
Bank of England trims rate to 4%; signals cautious easing ahead
The Bank of England reduced interest rates to 4% due to economic concerns. This is the fifth cut since August 2024. The move aims to ...
India-UK free trade deal gets Cabinet nod: Pact to be signed in London during PM Modi’s visit; aims to double trade to $120 bn
India and the UK have finalized a long-awaited free trade agreement, set to be signed in London on July 24 during Prime Minister Modi’s visit. ...
Big spike: UK inflation hits 18-month high; pressure mounts on Starmer government as US tariff threat looms
British inflation increased unexpectedly in June. It reached an 18-month high. The Consumer Prices Index rose to 3.6 percent. Motor fuel and food prices mainly ...
India-UK trade pact: Deal likely to be signed by July-end, legal scrubbing under way; commerce secretary holds talks in London
India and the UK are on track to sign their long-awaited free trade agreement by the end of July, according to a senior government official. ...
UK interest rates: Bank of England likely to keep rates unchanged; cautious stance amid Middle East tensions
The Bank of England is likely to maintain current interest rates. Concerns rise over the Israel-Iran conflict’s impact. This conflict could involve the United States, ...
‘Best deal India has ever offered’: India-UK trade pact seen as landmark win in UK Parliament; deal hailed for boosting GDP
UK Business and Trade Secretary Jonathan Reynolds highlighted the Free Trade Agreement with India as a significant economic victory, potentially boosting bilateral trade by GBP ...
