Economic news and events


Mortgage affordability hitting UK housing market - surveyors

Mortgage affordability is continuing to affect the property market, with nearly all parts of the UK seeing house prices retreat, according to surveyors.

The Royal Institution...

Thu, 12/10/2023 - 05:46


Young, lower-paid workers in firing line of high rates - BoE’s Dhingra

Younger and low-income workers could be forced to bear the brunt of the nation’s high interest rates, according to a member of the Bank of...

Thu, 12/10/2023 - 05:42


Starmer promises to get tough with MPs if they block new homes in UK

UK opposition leader Keir Starmer said he would get ‘tough’ with Labour MPs who stand in the way of his plans to rip through planning...

Wed, 11/10/2023 - 11:09


UK firms reluctant to recruit permanent staff - REC, KPMG report

Uncertainty over the economic outlook as well as rising costs are continuing to affect staff recruitment in the UK, new research suggests.

The Recruitment & Employment...

Wed, 11/10/2023 - 06:26


London’s Luton Airport suspends all flights due to ’significant fire’

London’s Luton Airport has suspended all flights until Wednesday afternoon and asked passengers not to travel there after a ‘significant fire’ caused the partial collapse...

Wed, 11/10/2023 - 05:51


Irish ministers say budget prioritises challenges of today and future

The Irish government has unveiled a €14 billion budget package it insists balances the needs of today with the future wellbeing of the economy.

Finance minister...

Tue, 10/10/2023 - 19:32


UK opposition leader vows ‘decade of national renewal’ if elected

Britain’s opposition leader Keir Starmer vowed Tuesday to spearhead a ‘decade of national renewal’ if his Labour party returns to power after nearly 14 years...

Tue, 10/10/2023 - 16:01


Bank of England says UK resilient to financial shocks

Britain’s banking system remains strong and UK business has shown itself resilient to higher interest rates, the Bank of England said Tuesday in its latest...

Tue, 10/10/2023 - 14:41


TOP NEWS: UK grocery price inflation cools; sales lifted by promotions

UK grocery price inflation cooled to a seventh-month low of 11% in the four weeks to October 1 as prices of staple foods dropped, according...

Tue, 10/10/2023 - 08:44


Irish government set to unveil budget to tackle cost-of-living crisis

Measures to help households tackle the cost-of-living crisis are to be revealed as part of the Irish government’s budget today.

The budget will be delivered by...

Tue, 10/10/2023 - 06:11


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