Economic news and events


UK mortgage approvals fall in January amid higher borrowing costs

UK mortgage approvals fell for the fifth consecutive month in January, figures from the Bank of England showed on Wednesday.

Net mortgage lending to individuals...

Wed, 01/03/2023 - 11:07


TOP NEWS: UK manufacturing output improves but sector declines

The UK manufacturing sector remained in contraction in February, according to survey data on Wednesday, though production rose for the first time in eight months....

Wed, 01/03/2023 - 09:45


TOP NEWS: UK house prices fall 1.1% annually in February

UK house prices fell in February from a year before, according to lender Nationwide on Wednesday, amid dwindling consumer confidence and the continued fall-out from...

Wed, 01/03/2023 - 08:07


Energy suppliers need to pass on cuts to consumers, says UK minister

Energy suppliers ‘must be ready’ to pass on cuts to wholesale energy prices to consumers, UK Energy Secretary Grant Shapps is set to warn.

Shapps is...

Wed, 01/03/2023 - 07:57


Rise in orders accelerates Irish factory activity growth in February

The manufacturing sector of the Irish economy enjoyed improved growth last month, according to survey results released on Wednesday, driven by growth in order books...

Wed, 01/03/2023 - 06:37


TOP NEWS: UK shop price inflation speeds up to record 8.4% in February

UK shop prices hit a fresh high in February, according to data from BRC-NielsenIQ on Wednesday.

Shop price annual inflation accelerated to 8.4% in February, from...

Wed, 01/03/2023 - 05:21


Irish retail sales see 0.1% growth in January from December

Irish retail sales saw marginal growth at the beginning of 2023, according to official data on Tuesday.

Ireland’s Central Statistics Office said retail sales rose...

Tue, 28/02/2023 - 11:45


TOP NEWS: UK grocery inflation spikes; Aldi and Lidl gain traction

UK grocery price inflation spiked to another record high earlier in February, while German discount supermarkets continued to make market share gains, numbers from Kantar...

Tue, 28/02/2023 - 09:54


Energy companies bring bid for UK High Court challenge over Bulb sale

Three energy companies are due to bring a UK High Court challenge over the sale of collapsed energy company Bulb to Octopus Energy.

Rival suppliers Scottish...

Tue, 28/02/2023 - 06:07


Aviation biofuel would need half of UK agricultural land, report says

Replacing jet fuel with biomass would require the UK to give up 50% of its agricultural land to sustain current passenger levels, according to a...

Tue, 28/02/2023 - 06:04


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