Economic news and events


UK PM Rishi Sunak believes ‘light at end of tunnel’ on inflation

UK Prime Minister Rishi Sunak said inflation is not falling as fast as he would like, but believes people can ‘see light at the end...

Wed, 02/08/2023 - 11:15


UK product safety laws face modernisation to protect online shoppers

Product safety laws are to be modernised to better protect customers when shopping online and buying products such as smart devices, the UK government has...

Wed, 02/08/2023 - 06:56


UK’s Grant Shapps convenes summit with energy giants in Downing Street

The UK’s energy industry leaders will gather in Downing Street on Wednesday to discuss economic growth and energy security with Grant Shapps.

The Energy Security Secretary...

Wed, 02/08/2023 - 05:44


Britain to retain CE safety mark following calls by businesses

Britain is to retain the EU’s product safety CE mark indefinitely, rather than make its own post-Brexit alternative compulsory, in a move welcomed by manufacturers.

The...

Tue, 01/08/2023 - 16:54


Woman who led BoE’s Northern Rock response chosen as deputy governor

The Bank of England has chosen the woman who led its response to the Northern Rock crisis to become its next deputy governor.

Sarah Breeden will...

Tue, 01/08/2023 - 16:50


TOP NEWS: UK manufacturing downturn sinks to seven month low

The downturn in the UK’s manufacturing sector continued in July, according to survey data on Tuesday.

The S&P Global/CIPS manufacturing purchasing managers’ index worsened to 45.3...

Tue, 01/08/2023 - 09:45


TOP NEWS: UK house prices fall at fastest annual rate in 14 years

The average UK house price fell at the fastest annual rate in 14 years in July, according to an index on Tuesday.

Property values declined by...

Tue, 01/08/2023 - 08:11


Ireland manufacturing sector continues to decline in July

The factory sector in Ireland worsened further in July, with companies cutting back production at a historically rapid pace, according to survey results released by...

Tue, 01/08/2023 - 07:42


UK shop price inflation eases again as wet weather sparks discounts

Shop price inflation in the UK decelerated in July hitting its lowest level this year as retailers mitigated the wet weather by offering larger discounts.

According...

Tue, 01/08/2023 - 05:48


Consumers face biggest single alcohol duty rise in almost 50 years

Drinkers face significant price hikes from Tuesday when tax increases will see the duty on a bottle of wine rise by as much as 20%.

First...

Mon, 31/07/2023 - 19:23


Pages