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UK economy

Kemi Badenoch gives a speech after becoming the new leader of the Conservative party on Saturday, November 2, in London. Photo: TNS

UK’s new Conservative Party leader to name shadow cabinet in days

Kemi Badenoch has signalled her willingness to work with leadership rivals and pledged to hold the ruling Labour Party to account.

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Badenoch elected new leader of UK Conservative Party

Kuala London: aspiration, class and the Malaysian dream of a British education

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Opinion | Britain’s China policy needs an additional ‘C’

If the West attempts to make China a pariah, the world’s second largest economy will be left with no option but to lean towards Russia.

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British Prime Minister Keir Starmer and Foreign Secretary David Lammy speak to the media outside the West Wing of the White House on September 13, following a meeting with US President Joe Biden. Can Britain truly have an autonomous foreign policy when it comes to the biggest competition of the day: the United States vs China? Photo: AFP

Opinion | Chinese investment could soon pour back into Britain. It’s about time

Increasing Chinese investment could lay the groundwork for the wealth creation needed to reduce the UK’s regional and economic disparities.

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UK’s Keir Starmer visits Brussels for first talks on EU reset

He is looking to tweak the relationship but has ruled out any return to the EU’s single market, its customs union or freedom of movement.

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UK lawmaker quits Labour Party citing PM Starmer’s ‘hypocrisy’ over freebies

Rosie Duffield denounced the leader for cutting a US$400 payment to pensioners while accepting over US$134,000 in gifts and hospitality.

British Prime Minister Keir Starmer speaks during the UN General Assembly in New York on Thursday. Photo: EPA-EFE

Is remote work hindering UK productivity? New Labour stance sparks debate

UK finance minister Rachel Reeves says in-person collaboration boosts efficiency, while other ministers prioritise results over physical presence.

UK’s Starmer seeks to learn from Meloni’s tough migration policies

UK prime minister looks for ‘new solutions’ on tackling the flow of migrants in small boats to Britain’s southern shores.

‘Reform or die’: UK PM Starmer promises 10-year plan to fix health service

His promise comes after a report showed there would be no more money without reform to a system found to be in critical condition.

NHS workers march in London during a nurses’ strike over pay and working conditions. The state-run NHS has been in crisis and endured some of its toughest winters in recent years. Photo: EPA-EFE

UK’s Keir Starmer warns against ‘snake oil’ offered by far-right

Britain’s prime minister says he’s making unpopular decisions early following his election victory in July.

Britain’s Prime Minister Keir Starmer. Photo: BBC via Reuters

Homebuyers flock to city centres as demand wanes for flats close to nature

That shift has become evident in metropolises across the UK and Australia, as well as in compact cities like Singapore and Hong Kong.

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Starmer says government looking at smoking crackdown, potentially outside pubs

Prospect widely criticised by hospitality bosses, who said it would be an overreach of the state and another potential blow to their income.

UK PM Keir Starmer urges European allies to meet far-right ‘challenge’

UK Prime Minister Keir Starmer said he fears a rise of the far-right in Britain and suggested progressive parties across Europe should jointly fight populism.

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British Prime Minister Keir Starmer, left, and German Chancellor Olaf Scholz at the chancellery in Berlin, Germany on Wednesday. Photo: EPA-EFE

Starmer warns of ‘painful’ higher taxes to fix UK’s ‘economic black hole’

Starmer warned of tax hikes for the wealthy to rebuild Britain, acknowledging tough choices ahead and the need to address societal divisions exacerbated by the previous government’s policies.

Keir Starmer, UK prime minister, warned of a painful budget ahead to get the country’s finances in order. Photo: Bloomberg

Starmer to warn of tough times ahead in first major speech as UK PM

Starmer, whose Labour Party was elected on July 4, is expected to use Tuesday’s speech to ramp up attacks on legacy left by Conservatives.

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New UK government cuts billions of pounds of spending to fix ‘unsustainable’ finances

Finance minister Rachel Reeves announces spending cuts of US$7 billion, pencils in further cuts of US$10.4 billion and hints at tax rises.

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Un-purr-turbed: Larry the cat training another UK prime minister in Downing Street

British prime ministers come and go at the premier’s official residence, 10 Downing Street. But the real power remains unchanged – Larry the cat.

Larry the cat, Chief Mouser to the Cabinet Office, is training his sixth prime minister. Photo: AP

UK faces stark choice as public service pay hikes loom

Chancellor of the Exchequer Rachel Reeves has warned of the possibility of a return to strikes and a shortage of nurses and teachers.

King Charles sets out Labour government’s agenda to ‘take the brakes off’ economy

In a ceremony full of pomp, King Charles set out the government agenda, which included Labour’s plans to revive the economy, with an emphasis on new homes, and infrastructure projects

EU and Britain hold first talks to ‘reset’ ties after UK vote

New PM Keir Starmer has vowed to turn a page with EU after years of bad blood following Brexit under previous Conservative government.

The EU flag and the British flag. UK PM Keir Starmer has vowed to turn a page with the EU. Photo: AFP

India beckons UK and France after Europe’s election earthquakes

Voters’ economic frustrations caused huge electoral upsets in Europe, opening new avenues for Britain and France to deepen ties with Asia.

Both the UK and EU are clamouring for a trade deal with India, which is en route to becoming the world’s third-largest economy. Image: Huy Truong

Opinion | 3 factors that will shape Britain’s China policy under Labour

The British economy’s woes, US influence and tension between chasing growth and upholding British values will guide Labour’s policymaking.

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Macroscope | Has Starmer’s Britain become a safe haven? Think again

The political chaos and the sway of populist politicians in the US and France are no reason to overlook the many problems facing Britain.

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Central London home prices drop as UK election creates uncertainty

Prices fell slightly amid ‘a degree of caution’ in the market, Savill’s says. Meanwhile the new government’s proposed tax on school fees may hit Hongkongers who send their children to the UK.

An aeriel view of London in August 2019. Photo: Reuters

Starmer seeks ‘reset’ on tour of UK nations after election victory

Britain’s new Prime Minister Keir Starmer vowed to ‘work constructively’ with Scotland’s nationalist government as he began a trip aimed at improving ties between London and the UK’s devolved nations.

Britain’s Prime Minister Keir Starmer meets Scottish First Minister and SNP leader John Swinney. Photo: Scott Heppell via Reuters

UK to demand Indian-owned Tata saves jobs at Wales steelworks: minister

Business Secretary Jonathan Reynolds said he and PM Keir Starmer have spoken to Tata over firm’s plan to shut down blast furnaces at the plant – a move that puts 2,800 jobs at risk.

New UK PM Starmer assembles cabinet for first meeting: ‘now we get to work’

His new government takes on the massive challenge of fixing a heap of domestic woes and winning over a public weary from years of austerity, political chaos and a battered economy.

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UK economy
The latest news, analysis and opinion on UK economy. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
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