Economic news and events


BoE governor says further ’global shocks’ biggest threat to UK economy

The governor of the Bank of England has said further ‘global shocks’ are a major threat to the UK economy as he told MPs he...

Thu, 11/01/2024 - 06:35


UK reputation as ’sensible’ regulator will help keep leadership in AI

The UK is well placed to remain a major global player in the tech sector because of its reputation as a good regulator, the country’s...

Thu, 11/01/2024 - 06:09


UK unveils plans for ’biggest nuclear power expansion in 70 years’

The UK government on Thursday announced plans for what it said was the country’s ‘biggest expansion of nuclear power for 70 years to bolster its...

Thu, 11/01/2024 - 06:02


Bank of England Governor Bailey says ‘monitoring’ events in Red Sea

Bank of England Governor Andrew Bailey said he was monitoring the situation in the Red Sea closely, while the UK defence secretary signalled that Western...

Wed, 10/01/2024 - 17:06


HS2 Chair Jon Thompson admits project could cost up to £66.6 billion

The estimated cost of building HS2 between London and Birmingham has soared to as much as £66.6 billion, MPs heard.

HS2 Ltd Executive Chair Jon Thompson...

Wed, 10/01/2024 - 11:56


Ireland jobless rate edges up to 4.9% in December from 4.8% in November

Ireland’s unemployment rate rose slightly last month, numbers on Wednesday showed.

According to the Central Statistics Office, the nation’s jobless rate picked up to 4.9%...

Wed, 10/01/2024 - 11:30


Ireland industrial production and retail sales up monthly in November

Industrial production and retail sales improved monthly in Ireland in November, the Central Statistics Office reported Tuesday.

Production in manufacturing industries rose 2.6% month-on-month on a...

Tue, 09/01/2024 - 11:16


UK consumers splurge on cinema and holidays not Christmas presents

Britons appear to have held back on Christmas presents in favour of buying themselves holidays and entertainment as falling inflation led to increasing consumer confidence,...

Tue, 09/01/2024 - 09:00


TOP NEWS: Irish government launches latest phase of AIB share sale

The Irish government on Tuesday said it will continue to sell shares in Dublin-based bank AIB Group PLC in the first half of the new...

Tue, 09/01/2024 - 08:30


TOP NEWS: UK ends 2023 with weak sales growth - BRC

UK retail sales edged slightly higher in December, numbers from the British Retail Consortium showed Tuesday.

According to the latest BRC-KPMG tracker, for 2023, retail...

Tue, 09/01/2024 - 05:02


Pages