Economic news and events


Sunak feels ’deep moral responsibility’ to keep his inflation pledge

UK Prime Minister Rishi Sunak says he feels a ‘deep moral responsibility’ to deliver on his pledge to halve inflation after the key driver behind...

Thu, 22/06/2023 - 05:50


Ireland’s exports fall year-on-year in April while imports rise

Figures from Ireland’s Central Statistics Office on Wednesday showed that the country’s imports increased year-on-year in April, while its exports fell.

Unadjusted goods exports totalled...

Wed, 21/06/2023 - 14:42


UK GDP growth outlook nudged higher in June from May

The UK economy is now expected to grow this year, according to an average of City forecasts on Wednesday.

UK gross domestic product is expected...

Wed, 21/06/2023 - 11:03


UK house price growth slows to 3.5% in April - ONS

Growth in UK house prices eased in April, according to official data on Wednesday.

The Office for National Statistics said that UK house prices grew...

Wed, 21/06/2023 - 09:41


UPDATE: UK debt more than 100% of GDP for first time since 1961

The UK’s debt pile reached more than 100% of economic output for the first time since 1961 as government borrowing more than doubled in May,...

Wed, 21/06/2023 - 08:05


TOP NEWS: UK yearly inflation rate stubborn at 8.7% in May

UK consumer inflation remained elevated in May, putting more pressure on the Bank of England, official data showed on Wednesday.

According to the Office for...

Wed, 21/06/2023 - 07:27


UK unveils $3 billion backing for Ukraine reconstruction

The UK will back Ukraine’s economy to the tune of $3 billion over the next three years while it fights back against Russian forces, Prime...

Wed, 21/06/2023 - 06:50


Peers face down UK government on safeguards for scrapping EU laws

Peers have continued their dust-up with the UK government in pressing a demand for safeguards over post-Brexit plans to ditch EU laws.

The House of Lords...

Tue, 20/06/2023 - 18:34


UK Chancellor Hunt to meet lenders on mortgage rates crunch this week

UK Chancellor Jeremy Hunt on Tuesday said he will meet lenders later this week to ask what help they can give to borrowers struggling with...

Tue, 20/06/2023 - 15:12


UK CMA hunts for two new executive directors in post-Brexit expansion

The UK Competition & Markets Authority on Tuesday announced that it will look to fill two new executive director roles, citing an expansion in responsibilities...

Tue, 20/06/2023 - 10:54


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