Economic news and events


UK mortgage approvals drop in September, as borrowing costs climb

UK mortgage approvals declined in September, while remortgaging approvals fell to a multi-decade low, according to Bank of England figures on Monday.

Net mortgage repayments...

Mon, 30/10/2023 - 10:13


Rising number of UK restaurants becoming insolvent, study suggests

The number of UK restaurant companies becoming insolvent has risen by 46% in the past year, research suggests.

The total increased from 1,517 in 2021/22 to...

Mon, 30/10/2023 - 06:09


UK prepares to host global leaders’ gathering on AI

The UK government will welcome foreign political leaders, tech industry figures, academics and others this week for a two-day summit billed as the first of...

Mon, 30/10/2023 - 05:58


Increase in number of UK restaurants becoming insolvent

The number of UK restaurant companies becoming insolvent has risen by 46% in the past year, research suggests.

The total increased from 1,517 in 2021/22 to...

Sun, 29/10/2023 - 10:48


Ireland finance minister welcomes figures showing inflation slowdown

A slowdown in the rate of inflation in Ireland has been welcomed by Minister for Finance Michael McGrath.

An EU flash estimate indicates that prices rose...

Fri, 27/10/2023 - 18:47


Irish economy falls driven by multinational dominated sectors

The Irish economy fell in the third quarter of 2023, data from the Central Statistics Office showed on Friday.

According to early estimates, gross domestic product...

Fri, 27/10/2023 - 11:19


Increase in UK car production reaches almost 40% in September - SMMT

The number of cars built in the UK increased by almost 40% last month, driven by a rise in exports, figures show.

A total of 88,230...

Thu, 26/10/2023 - 06:34


Shell to cut 200 jobs in overhaul of low carbon unit

Shell PLC is planning to cut about 200 jobs next year as part of plans to simplify the business and shake up its low carbon...

Wed, 25/10/2023 - 18:27


UK PM backs pauses in fighting in Gaza but rejects ceasefire calls

UK Prime Minister Rishi Sunak has called for temporary pauses in the conflict between Israel and Hamas to allow British nationals and hostages to be...

Wed, 25/10/2023 - 16:38


Bankers bonus cap scrapped in UK in post-Brexit shake-up

A cap on bonuses for bankers is set to be scrapped in a bid to make the UK a more attractive financial hub post-Brexit, financial...

Wed, 25/10/2023 - 09:24


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