economy: Last News

BBC Breakfast's Charlie Stayt was unexpectedly replaced by his colleague on Thursday (February 13).

BBC Breakfast's Naga Munchetty and Ben Thompson cut into Thursday's (February 13) live show with some "breaking" news.

ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures.

Perth and Kinross Council will begin seeking the views of local businesses and residents on the possible introduction of a tourist tax in the area.

Perth and Kinross Council is demanding action to avoid any more fires at a privately owned Perth waste management site.

More than 114,000 people have signed an online petition calling on the UK Government to increase the personal tax allowance from £12,570 to £20,000 to help people on a low income “get off benefits and allow pensioners a decent income”. The proposal is now being considered by the Pensions Committee for debate by MPs in Parliament - even though it’s still waiting on an official written response to the proposal from The Treasury.

A bold new proposal to reform food VAT could radically transform diets, slash cancer and diabetes risk, and even tackle climate change, a new study suggests.

The battle to urge Chancellor Rachel Reeves to hike the income tax personal allowance from £12,570 to £20,000 has hit a pivotal mark. In a few short days, a crucial petition on the Parliament website has gained significant momentum.

A new report on the world’s wealthiest cities has revealed one place is home to a staggering 244,800 millionaires - more than 4 per cent of the population.

The Night Time Industries Association (NTIA) and showed that, although the figures are down from £2.5billion from the previous year, the electronic music scene is worth around £88.4million when it comes to recorded music and £45.5million when it comes to publishing.Tallied, these total just shy of £134million – which is actually a one per cent increase from the £132.7million recorded last year.Electronic music thriving in the UK is also seen as the number of UK festivals featuring the genre rose to 310 from 2023’s 294. Similarly, the festivals saw attendees rise 14 per cent (up to 3million people), equalling a revenue of £646.2 million.As reported by Mixmag, the past 12 months saw ticket vendors like Skiddle take in record-breaking levels of ticket sales, totalling £163million, and claim that it was electronic music that made up the majority.The report also shared that 80 per cent of artists asked said that they were “significantly” inspired by electronic music – which is an impressive 73 per cent higher than the previous year.However, despite all of this, the live music scene in the UK is still feeling the strain.

Since artificial intelligence (AI) skyrocketed to fame, many have voiced concerns about whether the technology could steal our jobs.

An online petition urging the UK Government to raise the personal tax allowance from £12,570 to £20,000 has garnered over 12,000 signatures. The move is aimed at assisting low-income individuals "get off benefits and allow pensioners a decent income".

A patch of land in Salford is about to become ‘critical’ for Greater Manchester - and the whole country. The site has been picked to become a 10,000sqm data centre to power the region into the future, helping with everything from using mobile phones to searching for digital information online.

BFI said that film and high-end TV production spend in the U.K. reached £5.6 billion ($6.9 billion) in 2024, up 31% on 2023, and ahead of 2019’s pre-COVID spend. This resurgence follows a turbulent few years.

Building projects in Manchester have fallen to their lowest level in a decade, but council leader Bev Craig insists the city will 'continue to grow'.

Council officials have held discussions with a “long list of potential developers” about the future of a derelict factory in Dumfries.

Part of a former bank building in Leigh town centre dating back to the 19th century is to be converted into a bar and drinking establishment as part of a long-term goal to boost the town’s night-time economy.

More than 3m workers are set to receive a pay rise of up to £2,500 a year from April.

An old bank in Stalybridge that has stood empty for years could become a hotspot for nightlife, food and drink.

The Department for Work and Pensions (DWP) is reportedly on the cusp of announcing a substantial uplift to one of its benefits, potentially by as much as £319. A campaign is currently pushing for the new Labour government and the DWP to increase the Carer's Allowance to align with the national living wage, suggesting an upgrade to weekly payments of £400.40, or £1,601.60 every four weeks.

Leaders want Greater Manchester to become £15bn tourist destination - overtaking Edinburgh as Britain's most visited place outside London... and Oasis and Manchester City could help them do it.