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UK economy

UK economy
The latest news, analysis and opinion on UK economy. In-depth analysis, industry insights and expert opinion.
UK Labour leadership frontrunner Andy Burnham. Photo: Getty Images
Britain

UK’s likely next prime minister to unveil plan to shift power from London

Andy Burnham to push for more local decision-making in a major speech after returning to national politics.

Britain

Opinion | UK’s revolving door of prime ministers reveals a deeper malaise

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Diplomacy

Editorial | Even as Starmer goes, Britain’s pragmatic China stance likely to stay

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Britain

After 6 prime ministers in 10 years, can anyone fix the UK?

Keir Starmer quit less than two years after a landslide win. His successor will be the seventh prime minister since Brexit in 2016.

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The iconic door of 10 Downing Street in London. Photo: EPA
Britain

Burnham’s road to 10 Downing Street: how will Starmer be replaced?

With Andy Burnham emerging as the clear front-runner to lead Britain, here’s what could happen next.

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Britain

‘Sort of a friend’: Trump takes parting shot at UK’s Starmer

US leader offers his thoughts after UK Prime Minister Keir Starmer announces resignation.

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International Property

Spain’s property market sees boost as Hongkongers, others, depart UK and Canada

As the cost of living rises, some Hongkongers living in the United Kingdom and Canada are set to move to Spain under the NLV scheme.

Hongkonger Eddie Chan has made an initial deposit for this €500,000 apartment in Cullera in Spain’s Valencia. Photo: Handout
Hong Kong society

Nearly 10,000 Hongkongers granted permanent UK residence under BN(O) scheme

British National (Overseas) visa pathway was launched five years ago.

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Britain

Turning over a new leaf: why UK’s green mandate is a win for Asia

The Green Party’s record-breaking gains in UK council elections are a sign voters are taking climate change seriously, analysts say.

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Britain

UK health minister quits, calls for leadership contest to oust PM Starmer

Health Minister Wes Streeting is the first senior minister to quit after days of calls by Labour lawmakers for Starmer to step down.

Sunlight shines on 10 Downing Street in central London on Thursday. Britain’s Health Secretary Wes Streeting, a potential rival to Britain’s Prime Minister Keir Starmer, announced his resignation on Thursday. Photo: AFP
Britain

UK PM’s biggest political challenge overshadows King’s speech

According to reports, Health Minister Wes Streeting was preparing to resign as early as Thursday to challenge Starmer.

Britain’s Prime Minister Keir Starmer walks through the Central Lobby of the Houses of Parliament in London to the House of Lords to hear the King’s Speech on Wednesday. Photo: Reuters
Britain

UK’s Starmer to ‘get on with governing’, defies calls to quit

At a meeting of his cabinet, there was no official move to trigger a leadership contest even as three junior ministers quit.

Britain

UK’s Starmer under renewed pressure to quit as revolt grows

Home secretary and deputy PM reportedly join calls for a leadership transition as several aides resign.

Britain

Ex-minister tells UK cabinet to boot Starmer or she’ll challenge him herself

Catherine West’s ultimatum comes amid calls for his resignation after Labour’s crushing defeat in local elections.

Britain’s Prime Minister Keir Starmer reacts as he prepares to leave the Elysee Presidential Palace in Paris in April. Photo: AFP
US, Israel war on Iran

Starmer calls emergency meeting on Iran war’s economic impact on UK

Stretched public finances and dependence on imported gas leave Britain exposed to the energy war in the Middle East.

British Prime Minister Keir Starmer. Photo: EPA
Britain

UK eyes ‘targeted’ support for households amid rising energy costs

Finance chief Rachel Reeves says there are plans to help those vulnerable to sharp rises in energy prices, especially those who rely on heating oil.

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United States

Trump tells Starmer ‘do not give away Diego Garcia’ in new attack on Chagos deal

President says the UK should not lose control of Indian Ocean island by entering ‘tenuous’ lease, amid concerns about China’s growing ties there.

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Diplomacy

Editorial | Starmer’s visit to China highlights benefits of dialogue over confrontation

While several deals were struck on the UK prime minister’s trip, the most important outcome is the willingness of the leaders of both countries to work constructively together.

British Prime Minister Keir Starmer with Chinese President Xi Jinping in Beijing on January 29. Photo: AP
China-UK relations

Britain’s Starmer hopes gift of Man United match ball scores with China’s Xi

Reviving a familiar playbook, the British leader uses football to seek diplomatic headway during an official visit to Beijing.

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Xi Jinping

Video | UK PM starts China state visit ahead of Xi meeting

Trade and the economy to top British prime minister’s agenda as London navigates ‘re-engagement’ with Beijing, analysts say.

China-UK relations

Opinion | With China visit, Starmer makes clear he’s putting Britain first

The prime minister’s visit to China is a declaration that the UK will no longer be a simple passenger in a contest defined in Washington and Beijing.

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Illustration: Craig Stephens
Britain

‘Very deep poverty’ in Britain hits worst level in 30 years, report says

Report reveals that nearly 7 million people are living on well below the UK median income as the nation’s poorest get even poorer.

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A homeless person near Piccadilly Circus in central London in 2020. Poverty in Britain has deepened in recent years. Photo: AFP
Diplomacy

Opinion | Why UK Prime Minister Starmer’s visit to China could be historic

The British prime minister must decide whether Britain has the strength to look east and west, and not simply look inward.

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Britain

Britain’s surging Reform UK party draws big-name Tory defector

Robert Jenrick joins Nigel Farage’s Reform party as the Conservatives descend into civil war.

Britain

UK begins ‘world-leading’ junk food ad ban to curb childhood obesity

Restrictions on daytime television and paid online advertisements are part of a US$2.7 billion preventive health strategy.

The UK’s junk food ad restrictions aim to cut billions of calories from children’s diets. Photo: Shutterstock
Britain

UK’s Starmer says ousting him would lead to chaos, far-right government

Instability ‘would gift Nigel Farage’, the PM said, referring to the right-wing Reform UK leader who currently tops opinion polls.

Britain’s Prime Minister Keir Starmer during an interview with the BBC on Saturday. Photo: AFP
Britain

UK ‘super flu’ crisis and doctors’ strike spark ‘worst-case’ Christmas fears

Flu cases hit record highs with a 55 per cent weekly jump as the NHS faces a planned doctors’ strike next week.

Britain

Head of UK financial watchdog quits after early leak of Rachel Reeves’ budget

Richard Hughes said he wanted to help the Office for Budget Responsibility recover from the lapse, which is linked to leadership failures.

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