News
How will Iran war impact interest rates?
4+ hour, 57+ min ago (113+ words) Sky News is an unrivalled, world class breaking news service with a spirit of innovation and a fresh approach to news broadcasting. As the UK's first dedicated 24-hour news channel, Sky News has built a deserved reputation for being the…...
Iran war leaves forecast for low UK inflation not worth the paper it was written on
6+ day, 2+ hour ago (511+ words) Sky's Ed Conway says the chancellor's spring statement was based on assumptions made ahead of the Middle East conflict, which seems set to fan the flames of inflation. Tuesday 3 March 2026 17:57, UK The rise in gas prices over the past 48 hours…...
UK growth forecast downgraded and unemployment will peak this year, chancellor reveals
6+ day, 11+ hour ago (776+ words) Chancellor Rachel Reeves revealed the OBR's lastest economic forecast as she promised people would be "1,000 better off by 2029. Tuesday 3 March 2026 19:35, UK The UK's economic forecast has been downgraded for 2026 but will then improve - and unemployment will peak this year, the…...
This war has massive implications for the world economy
1+ week, 2+ hour ago (289+ words) Sky's economics and data editor explains how events in the Middle East are already having an impact and what an extended period of disruption to energy flows could mean. Monday 2 March 2026 18:43, UK There is nowhere else on the planet with…...
Children have received an inflation-busting rise in pocket money this year
1+ week, 5+ day ago (175+ words) Parents gave their children more pocket money over the last year. In one region, the rise was particularly pronounced. Wednesday 25 February 2026 13:34, UK Children got an inflation-busting rise in pocket money last year, according to new data. Parents are giving their…...
When is Rachel Reeves' spring statement and what will be in it?
1+ week, 5+ day ago (674+ words) The budget last autumn was preceded by a lot of speculation, then large tax rises - but the chancellor is hoping this announcement will be more low-key. Wednesday 25 February 2026 21:39, UK Rachel Reeves has insisted her spring statement will be a quiet…...
'Staring down the barrel at higher costs': UK businesses face uncertain future over US tariffs
2+ week, 9+ hour ago (718+ words) The EU has put on hold the ratification of its US trade deal, while the UK has not ruled out retaliatory tariffs. By Sarah Taaffe-Maguire and James Sillars, business and economics reporters Monday 23 February 2026 20:38, UK UK businesses are facing uncertainty…...
Record-breaking budget surplus as government's tax income rises
2+ week, 3+ day ago (222+ words) Friday 20 February 2026 07:41, UK More money than ever has been left over in the public finances due to more tax being paid, official figures show. January had the biggest budget surplus since records began in 1993, according to data from the Office…...
Economy grows by worse-than-expected 0.1% in final quarter of 2025
3+ week, 5+ day ago (692+ words) The figure is below the 0.2% many economists anticipated. The services sector showed no growth, with manufacturing providing the biggest boost to the economy. Thursday 12 February 2026 09:38, UK Early official figures are doing nothing to dispel concerns the economy remains stuck in…...
Interest rate cut even more likely next month as inflation falls
2+ week, 6+ day ago (613+ words) The borrowing rate is expected to hit 3.5% next month and become even cheaper in September. Wednesday 18 February 2026 09:24, UK The rate at which prices are increasing has fallen significantly, official figures have shown, making an interest rate cut next month even…...