United Kingdom
UK runs much bigger than expected budget deficit in May
The government is also struggling to finance extra defence spending
Mayor Andy Burnham’s election win paves way for bid to oust UK PM Starmer
Burnham has said he would stand in any contest to replace Starmer
UK retail sales rise by more than expected 1.2% in May, official data shows
In comparison with the year-ago period, volumes are 3.2 per cent higher
UK moves ahead with Heathrow Airport expansion plan
The government wants Heathrow’s new runway to open in 2035
Bank of England holds rates in 7-2 vote as oil outlook eases
The BOE is trying to strike a balance between taming inflation and supporting growth
UK wages grow faster than expected in three months ended April
Holding at 3.4%, it beats economists’ expectations of a decline to 3.2%
UK losing jobs abroad due to high energy costs, manufacturers and union warn
A quarter of companies surveyed are already or considering moving their production overseas
Britain announces sweeping social media ban for under-16s
Australia was the first country to ban social media for children under 16
British forces intercept Russian shadow fleet oil tanker attempting to cross English Channel
British Prime Minister Kier Starmer said that he had directed the interception
UK lags rivals in curbing influx of cheap parcels from China
Low-value imports to the UK tripled between 2021 and 2024