Economy

Economy

Mortgage rates rise as Iran war hits the economy

The average two-year fix passes 5 per cent as oil tops $100 a barrel.

11 March 2026 · Source: Wikipedia

Economy

Unemployment rises to five-year high

The rate reaches 5.2 per cent, with youth unemployment at 16.1 per cent.

17 February 2026 · Source: Wikipedia

Economy

FTSE 100 passes 10,000 for the first time

The index has multiplied ten times since its launch in 1984.

2 January 2026 · Source: Wikipedia

Economy

US tariffs hit UK exports

British goods face a 10 per cent tax, and cars 25 per cent.

3 April 2025 · Source: Wikipedia

Economy

Reeves Budget raises £40 billion in taxes

Employers' National Insurance rises to 15 per cent.

30 October 2024 · Source: Wikipedia

Economy

Interest rates reach 15-year high

The 14th rise in a row takes rates to 5.25 per cent.

3 August 2023 · Source: Wikipedia

Economy

Mini-budget sparks market turmoil

The pound falls as the government announces £45 billion of unfunded tax cuts.

23 September 2022 · Source: Wikipedia

Economy

Corporation tax to rise to 25 per cent

The furlough scheme is extended to September.

3 March 2021 · Source: Wikipedia

Economy

Government to pay 80 per cent of wages

Furloughed workers will receive up to £2,500 a month.

20 March 2020 · Source: Wikipedia

Economy

Thomas Cook collapses

Around 150,000 holidaymakers will be flown home in Operation Matterhorn.

23 September 2019 · Source: Wikipedia