Economic news and events


TOP NEWS: BoE ups rates by 25 basis points, says UK to avoid recession

The Bank of England on Thursday lifted interest rates by 25 basis points again as it grapples against rampant inflation and the central bank markedly...

Thu, 11/05/2023 - 12:24


Irish inflation cools to 7.2% in April from 2022 peak of 9.2%

Inflation slowed in Ireland for the fourth consecutive month in April, official data showed on Thursday.

According to the Central Statistics Office, the consumer price...

Thu, 11/05/2023 - 11:50


UK house buying demand remains ‘subdued’ amid robust mortgage rates

Some property professionals in the UK are seeing trends towards home buyers looking for smaller, more affordable homes and people moving out of older homes...

Thu, 11/05/2023 - 08:24


UK civil servants to stage fresh strike in pay row

Civil servants in the UK will stage a fresh strike on Wednesday in a long-running dispute over pay, jobs and redundancy terms.

Members of the Prospect...

Wed, 10/05/2023 - 05:53


TOP NEWS: UK house prices slip in April but market ‘more stable’

UK house prices edged slightly lower in April from March, a report on Tuesday showed, with almost no annual growth last month.

According to Halifax, the...

Tue, 09/05/2023 - 08:18


UK retail sales increase in April but inflation bites into volumes

UK retail sales increased last month, though there were more signs of consumers being hurt by inflationary pressure, numbers on Tuesday showed.

According to the...

Tue, 09/05/2023 - 05:07


UPDATE: Sunak pledges to deliver on housebuilding policy amid pressure

Rishi Sunak has promised to work ‘night and day’ to deliver, as he comes under pressure over the Conservatives’ dire performance in the local elections...

Mon, 08/05/2023 - 14:47


UK PM made ‘major mistake’ in dropping building targets - senior Tory

UK Prime Minister Rishi Sunak’s ‘major mistake’ of dropping housebuilding targets played a role in the Conservatives’ dire local election results, former levelling up secretary...

Mon, 08/05/2023 - 11:08


UK culture secretary blames Tory poll losses on Covid and Ukraine war

UK Culture Secretary Lucy Frazer has blamed heavy Tory losses in the local elections on the pandemic and the Ukraine war.

She also noted the Conservative...

Mon, 08/05/2023 - 06:22


Sunak and Trudeau emphasise UK-Canada ties at post-coronation meeting

UK Prime Minister Rishi Sunak hailed the ‘friendship’ between the UK and Canada, as well as between himself and Justin Trudeau as he welcomed the...

Sun, 07/05/2023 - 09:50


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