Economic news and events


TOP NEWS: UK grocery inflation eases; sales get Coronation boost

UK grocery price inflation eased for the second month in a row, but remained at its third-highest rate since 2008, numbers from Kantar showed on...

Tue, 23/05/2023 - 08:31


Sinn Fein is largest party in Northern Ireland local government vote

Sinn Fein has emerged as the largest party in local government in Northern Ireland for the first time after making large gains in the council...

Sun, 21/05/2023 - 10:21


Chancellor urges Tories not to talk UK down as hints at tax cuts

UK Chancellor Jeremy Hunt on Friday urged the ruling Conservative party ‘not to talk ourselves down’ as he warned that creating an ‘inaccurate narrative’ about...

Sat, 20/05/2023 - 12:07


TOP NEWS: White House says ‘real differences’ in US debt default talks

Significant differences remain between congressional Republicans and Democratic President Joe Biden’s team in negotiations to avert a catastrophic US debt default, the White House said...

Fri, 19/05/2023 - 18:04


Rates may not need to rise as high amid tighter lending - Fed’s Powell

Federal Reserve Chair Jerome Powell on Friday said US interest rates may not need to go as high as expected, as stricter lending conditions may...

Fri, 19/05/2023 - 18:04


PRESS: Bank of England to stop Revolut bid for UK bank licence

The Bank of England is preparing to reject a bid by digital bank Revolut for a UK banking licence, citing balance sheet issues, The Daily...

Fri, 19/05/2023 - 15:30


UK unveils £1 billion semiconductor strategy amid Stellantis woes

The British government on Friday unveiled a new £1 billion semiconductor strategy to invest in infrastructure, research and security as the UK tries to diversify...

Fri, 19/05/2023 - 06:04


UK government set to miss target for electric vehicle chargers

The UK government is set to miss its target for the installation of high-powered electric vehicle (EV) chargers at motorway services in England, according to...

Fri, 19/05/2023 - 06:02


TOP NEWS: UK consumer confidence continues to recover - GfK survey

UK consumer confidence in the year ahead is continuing to recover despite persistent cost-of-living pressures, a long-running survey suggests.

GfK’s Consumer Confidence Index rose by three...

Fri, 19/05/2023 - 05:56


UK opposition party leader Starmer promises planning reform

Labour will tear up planning red tape and allow some development on the green belt in order to increase the supply of homes in the...

Wed, 17/05/2023 - 21:05


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