UK economy

uk pm keir starmer, uk pm, uk immigration, foreign labour, world news

UK PM Keir Starmer vows to end dependence on foreign labour, says ‘putting our young people first’

The announcement follows a major policy shift by the UK government to phase out the employment of foreign care workers,…

May 17, 2025 21:17 IST

Among the new measures is a return to stricter qualification criteria for skilled worker visas

UK-based NRI plans return to India to pursue writing career, Internet questions the move

Against this backdrop, a social media post by a UK-based Indian national has gone viral. He is currently employed as…

May 15, 2025 20:48 IST

A candid and emotionally charged LinkedIn post by a London School of Economics (LSE) researcher is making waves online, sparking a broader conversation about the graduate visa.

“UK graduate visas are a £3,000 scam,” researcher shares painful post-study experience

The post has struck a chord with many, including fellow graduates who echoed the sentiments in the comments.

May 13, 2025 22:01 IST

Trump who had previously threatened tariffs on British films, remarked that future talks would cover the entertainment sector but jokingly assured that "James Bond has nothing to worry about." In the meantime, negotiations will continue on outstanding issues, including reciprocal tariffs in the pharmaceutical industry and further enhancements to digital and services trade.

How the new US-UK trade deal impacts cars, steel, and agriculture

The deal also brings significant changes to tariffs on steel and aluminum. US will eliminate the 25% tariff currently levied…

May 8, 2025 22:55 IST

Bitcoin hits $100,000 for first time since February, Internet says,” We are so back”

As of the latest reading, bitcoin was trading up over 4% at $100,801.04, according to Coin Metrics. The rally began…

Updated: May 8, 2025 21:58 IST

US President Donald Trump meets with British Prime Minister Keir Starmer at the White House.

Trump announces trade deal with the UK — How Starmer sealed the deal others couldn’t

Starmer stuck with Sunak’s targeted strategy, aiming at emerging sectors like biotech and AI. But the urgency to act grew…

May 8, 2025 21:01 IST

india-uk fta, india-uk free trade agreement, fta, indian economy, uk economy world news, india-uk fta explained

India-UK Free Trade Agreement: What this deal means for exports-imports, tariffs and more – Key takeaways

Despite hurdles, the world’s fifth and sixth largest economies have now finalised what both governments describe as an “ambitious and…

May 6, 2025 23:47 IST

UK inflation falls by more than expected in February, triggering talk of lower interest rates

The Office for National Statistics said inflation, as measured by the consumer price index, fell to 3.4%, its lowest level…

Updated: March 20, 2024 14:40 IST

UK retail sales jump, suggesting recession will be short-lived

Economists polled by Reuters had forecast that sales volumes would increase by a median 1.5% on a monthly basis.

Updated: February 16, 2024 16:03 IST

UK economy fell into recession in second half of 2023

A Reuters poll of economists had pointed to a smaller 0.1% fall of gross domestic product (GDP) in the October-to-December…

Updated: February 15, 2024 14:19 IST

UK inflation holds steady at 4% in January as lower food prices help offset higher energy costs

The reading was better than expected as most economists expected inflation to rise modestly to around 4.2%.

Updated: February 14, 2024 15:20 IST

UK inflation falls by more than anticipated to 15-month low of 7.9 per cent; may limit interest rate hikes

The Office for National Statistics said that inflation, as measured by the consumer prices index, fell to 7.9 per cent…

Updated: July 19, 2023 15:06 IST

Bank of England says UK economy coping with higher rates

The BoE has raised rates sharply, taking them to 5% last month from 0.1% at the end of 2021, raising…

Updated: July 12, 2023 12:47 IST

UK economy makes weak start to 2023 as inflation weighs

Friday’s figures showed no change to the Office for National Statistics’ (ONS) initial estimate of 0.1% quarterly gross domestic product…

Updated: June 30, 2023 14:52 IST

UK inflation, Bank of England, UK government, corporate profiteering, greedflation, public sector wages, price rise, interest rate, profit margins

UK economy grows sluggishly in 1st quarter as double-digit inflation curbs consumers spending

Gross domestic product, the broadest measure of economic activity, increased 0.1 per cent in the first quarter compared with the…

May 12, 2023 16:49 IST

UK unemployment edges up but pay growth beats forecasts

The Office for National Statistics said the unemployment rate rose to 3.8% – its highest since the second quarter of…

Updated: April 18, 2023 14:04 IST

UK inflation jumps to 10.4 per cent, surprising analysts

The consumer price index jumped to 10.4 per cent in the 12 months through February from 10.1 per cent the…

Updated: March 22, 2023 14:50 IST

UK economy stagnates during final three months of 2022

The Office for National Statistics said on Friday there was no growth in gross domestic product during the fourth quarter…

Updated: February 10, 2023 15:18 IST

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‘Hindu rate of growth’: PM says colonial mindset linked slow progress to Hindu culture

India News16 min ago

PM Modi denounces the derogatory term “Hindu rate of growth” and pledges to eradicate it in a decade. He blames previous governments for economic mismanagement and boasts of India’s progress under his leadership, with inclusive reforms and poverty reduction. He stresses India’s self-assurance and resilience in the face of global obstacles, emerging as a strong nation.

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