Economic news and events

Taxes will likely be raised in the budget later this year, new UK Chancellor Rachel Reeves has said.

The chancellor said Labour would stick to its...

Business confidence in Scotland has surged in July, driven by increased optimism in both business prospects and the economy, according to a report.

The latest Bank...

Ireland’s consumer price inflation rate was steady this month, an estimate from the Central Statistics Office showed on Tuesday.

The nation’s harmonised annual consumer price...

The main UK regulator for electricity and downstream natural gas Ofgem has announced that the ban on acquisition-only tariffs will stay in place, just two...

Government legislation designed to help nationalise train operation in the UK has moved closer to becoming law.

The Passenger Railway Services (Public Ownership) bill would ensure...

Shop price annual inflation in the UK was steady in July, but uncertainty lies ahead, the latest data from the British Retail Consortium showed on...

The UK’s economic watchdog has announced a review into how the former government prepared its forecasting for the spring budget, as it raised concerns over...

Rachel Reeves has announced billions of pounds in spending cuts, after ordering the Treasury to carry out an audit of the UK’s public finances.

The chancellor...

UK Chancellor Rachel Reeves said there was a £22 billion black hole in the public finances as she accused the Tories of covering up the...

Ireland’s economic growth picked up speed in the second-quarter of 2024, numbers on Monday showed.

According to the Central Statistics office, Irish gross domestic product...