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Uk Economy


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First meeting of the Financial Inclusion Policy Forum

Industry leaders and consumer groups meet for the first time today for the Government’s Financial Inclusion Policy Forum.

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Statements of Commitment to Market Codes

Today the Bank of England has issued Statements of Commitment to the FX Global Code, the UK Money Markets Code and Global Precious Metals Code (the “Codes”).

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UK Government holds 'helpful' Brexit talks with First Minister of Wales

David Lidington and Alun Cairns encouraged by bilateral EU exit discussion in Cardiff.

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Government commits to signing Tech Talent Charter to boost gender diversity in tech roles

Minister for Digital and the Creative Industries, Margot James, will also write to major tech firms asking them to sign up to the charter

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Gertjan Vlieghe re appointed to Monetary Policy Committee

Dr Gertjan Vlieghe will serve a second three-year term on the MPC and hold one of nine votes to decide the future path of UK monetary policy.

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National Infrastructure Commission welcomes Sir John Armitt as new Chair

The National Infrastructure Commission has appointed Sir John Armitt as their new Chair.

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One year countdown begins to Severn tolls’ abolition

Alun Cairns delivers on UK Government commitment set to boost the Welsh economy by over £100m a year

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Sign up to attend the Severn Growth Summit in January 2018

The UK Government has committed to abolishing the Severn Tolls by the end of 2018. Sign up to attend the Severn Growth Summit to see how you can benefit.

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Growth Deal can revolutionise the North Wales economy

UK Government Ministers host North Wales Growth Deal progress meeting at Gwydyr House

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Spring Statement 2018 date confirmed

The government will publish its Spring Statement on Tuesday 13 March 2018.

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Boosting construction productivity could deliver £15 billion savings every year

New plans to improve infrastructure and boost the construction sector’s productivity could save £15 billion a year.

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Budget delivers devo deal and transport boost for North of Tyne

North of Tyne devo deal will boost the local economy by £1.1 billion, create 10,000 new jobs and attract £2.1 billion in private investment.

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£660 million injection into Northern Ireland Executive’s budget at Autumn Budget

A Northern Ireland Executive to get £660 million boost to its budget.

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UK Government Budget delivers for Scotland

Chancellor sets out how the UK government is delivering for Scotland and building an economy fit for the future.

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£1.2 billion boost to the Welsh Government’s budget announced at Autumn Budget

The Welsh Government to get £1.2 billion injection to its budget

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New support for tech to boost public sector productivity

Dedicated GovTech Catalyst team and £20 million fund to help tech firms deliver innovative fixes to public sector challenges.

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Chancellor in Washington and New York promoting Global Britain

The Chancellor is in Washington at the International Monetary Fund (IMF) Annual Meetings. He will then travel to New York to meet with key figures from the financial sector.

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Chancellor in Washington and New York promoting Global Britain

UK Economy File Picture

The Chancellor is in Washington at the International Monetary Fund (IMF) Annual Meetings. He will then travel to New York to meet with key figures from the financial sector.

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Tourism Minister John Glen welcomes new look Tourism Industry Council

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Tourism Minister John Glen will co- chair his first meeting with the Tourism Industry Council on 27 September.

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North Sea exploration funding announced

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Chancellor announces North Sea exploration funding during Aberdeen and Dundee visit.

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Autumn Budget 2017 date confirmed

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Government will publish its next Budget on Wednesday 22 November 2017.

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David Davis' speech at US Chamber of Commerce

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David Davis Secretary of State spoke at the US Chamber of Commerce in Washington on 1 September 2017.

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VisitEngland Trustee Reappointed

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The Culture Secretary has reappointed Sarah Stewart as Trustee of the VisitEngland Board for a second term of 2 years, from 30 May 2017 to 29 May 2019

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Boost to National Infrastructure Commission’s expertise

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The National Infrastructure Commission appoints Lord Adonis as its permanent Chair, Sir John Armitt as Deputy Chair, and four new Commissioners.

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A year in the life of the Secretary of State for Wales

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Alun Cairns writes for the Wales on Sunday

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Midlands Engine to roar ahead with ambitious new strategy

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Ambitious strategy will help the Midlands reach its full economic potential.

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Spring Budget 2017: support for women unveiled by Chancellor

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On International Women’s Day Chancellor announces investment that supports women and backs gender equality.

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When cities meet cities UK Smart Cities Showcase in Taiwan

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DIT Taiwan recruited a UK Smart Cities Trade Mission to exhibit at the Smart City Summit & Expo from 21 to 24 February 2017

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Gross Domestic Product (GDP): What it means and why it matters

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Gross Domestic Product (GDP) measures if and how much the economy is growing. Here we explain what it actually is and how it’s measured.

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Welsh Secretary visits DECA, the North Wales home of the global F 35 hub as UK’s Industrial Strategy Announced

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To mark the launch of the UK Government industrial strategy, Secretary State for Wales Alun Cairns, toured the new F-35 global repair hub in North East Wales.

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Culture Secretary appoints new chairs of British Tourist Authority and VisitEngland

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Steve Ridgway and Denis Wormell to commence their new roles on 1 April 2017.

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UK Taxpayer no longer largest Lloyds Bank shareholder

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The government has now recovered over £18 billion of the £20.3 billion taxpayers injected into Lloyds during the financial crisis.

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Our Connected Future

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NIC Chair, Lord Adonis, writes about the commission's latest report and the UK's connected future

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Government must take action now to secure our connected future so we are ready for 5G, and essential services are genuinely available where they are needed – Adonis

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The National Infrastructure Commission publishes its report into 5G and telecommunication technology

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Good design is essential for good infrastructure, our recommendations will reflect the quality and character of local communities across the growth corridor – Phil Graham

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NIC Cheif Executive, Phil Graham, speech to the Campaign to Protect Rural England

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UK infrastructure investment to reach record high

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Pipeline setting out over £500 billion worth of infrastructure investment published.

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New East West transport links could provide a once in a generation opportunity for ‘Britain’s Silicon Valley’ Armitt

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The National Infrastructure Commission publishes its interim report into the Cambridge – Milton Keynes – Oxford corridor.

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Manor of Northstead: Stephen Phillips

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The Chancellor of the Exchequer has this day appointed Stephen James Phillips QC to be Steward and Bailiff of the Manor of Northstead.

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The UK’s first ever National Infrastructure Assessment enters its next phase

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National Infrastructure Commission launches NIA call for evidence, publishes its consultation response and announces expert advisory groups

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Government reduces Lloyds shareholding to below 9%

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The government has now recovered nearly £17 billion of the £20.3 billion taxpayers injected into Lloyds during the financial crisis.

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Bradford and Bingley assets to be sold

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Sale process underway to recover £15.65 billion from Bradford and Bingley assets for UK taxpayers.

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New 'Innovation is GREAT' partnership with McLaren

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The GREAT Britain Campaign (GREAT) has announced a unique partnership with McLaren to help highlight the UK’s innovative culture.

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£220 million for cutting edge new technology

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New funding to support cutting-edge technology announced by the Chancellor.

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Government reforms to public sector exit payments confirmed

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A response to the consultation seeking views on reforms to public sector exit payments has been published.

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Chancellor: British businesses can capitalise on new opportunities

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The Chancellor Philip Hammond has this week met with British businesses from all over the country to listen to their views ahead of his first Autumn Statement.

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