Economic news and events


TOP NEWS: UK construction sector retreat slows a bit in February

The downturn in the UK construction sector continued to ease into February, new data on Wednesday showed.

The S&P Global UK construction purchasing managers’ index...

Wed, 06/03/2024 - 09:44


Japan signals interest in AUKUS defence tech partnership

Japan is interested in discussing cooperation with the US, Australia and Britain on advanced military technology, an official said Wednesday, signalling Tokyo could become more...

Wed, 06/03/2024 - 05:57


TOP NEWS: Hunt to announce 2p national insurance cut in budget

Jeremy Hunt is expected to make a 2p cut to national insurance central to his budget, which he said would deliver ‘more opportunity and more...

Wed, 06/03/2024 - 05:53


Birmingham City Council approves near 10% council tax hike, big cuts

Birmingham City Council has approved a 9.99% rise in council tax and a budget containing plans for ‘unprecedented’ cuts to services.

More than 50 Labour councillors...

Tue, 05/03/2024 - 20:29


New UK car market records strongest February in 20 years

The new car market in the UK recorded its strongest February in 20 years, figures show.

Nearly 85,000 new cars were registered last month, an increase...

Tue, 05/03/2024 - 15:40


TOP NEWS: UK service sector revival continues into February

The UK service sector continued to grow in February, but at a slower rate, according to new data on Tuesday.

The S&P Global UK services business...

Tue, 05/03/2024 - 09:53


Ireland service and manufacturing sectors both surge in February

Ireland’s service sector saw robust growth last month, which combined with an improvement in manufacturing gave the country’s private sector a big boost, according to...

Tue, 05/03/2024 - 09:05


UK, EU eye customs deal on Channel migrants crossings

A grouping of northern European countries on Monday agreed to work on a new ‘customs partnership’ to disrupt the supply of small boats used to...

Tue, 05/03/2024 - 06:18


Hunt to unveil funding to make UK ’a world leader’ in manufacturing

Chancellor Jeremy Hunt is to announce funding ahead of the budget aimed at helping to make the UK ‘a world leader in manufacturing’.

The package, said...

Mon, 04/03/2024 - 06:07


UK chancellor hopes to reduce tax burden in ‘prudent’ budget

The UK chancellor has said he hopes to use the budget to ‘show a path’ in the direction of tax cuts, but stressed any reductions...

Sun, 03/03/2024 - 11:05


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