Economic news and events


UK digital currency ’likely to be needed’, say Treasury, BoE

A state-backed ‘digital pound’ could be launched later this decade as the Bank of England and Treasury set out a road map to potentially introduce...

Tue, 07/02/2023 - 05:54


UK retail sales growth slows amid ‘January blues’, red-hot inflation

UK retail sales growth slowed last month, figures on Tuesday showed, with consumers reining in spending amid rampant inflation.

According to the latest British Retail...

Tue, 07/02/2023 - 05:01


UK new car market grows for sixth month in a row - SMMT

The UK’s new car market has grown for six consecutive months, new figures showed on Monday.

Some 131,994 new cars were registered last month, up 15%...

Mon, 06/02/2023 - 10:12


TOP NEWS: UK interest rates likely to need to rise again - BoE’s Mann

Interest rates in the UK will likely need to rise further despite early signs of a ‘turning point’ in the battle against sky-high inflation, according...

Mon, 06/02/2023 - 10:10


UK government eyes ‘robustly’ regulating volatile crypto market

The UK government on Wednesday set out plans to monitor activity in the cryptocurrency market, as the treasury promised to ‘robustly regulate cryptoasset activities’ in...

Wed, 01/02/2023 - 15:52


‘Very constructive’ Brexit talks with UK on Northern Ireland - EU

The EU is having ‘very constructive talks’ with Britain on post-Brexit arrangements for Northern Ireland, but no deal has yet been reached, European Commission chief...

Wed, 01/02/2023 - 13:14


TOP NEWS: UK factory sector shrinks again but input inflation eases

The UK manufacturing sector continued to contract in January as recession fears mount,survey results on Wednesday showed.

The seasonally adjusted S&P Global-CIPS UK manufacturing purchasing managers’...

Wed, 01/02/2023 - 09:52


Ireland manufacturing sector returns to slight growth in January

The Irish factory sector stabilised at the start of the year, edging into slight expansion as order book volumes stabilised, according to survey results on...

Wed, 01/02/2023 - 08:29


TOP NEWS: UK house prices suffer fifth successive monthly fall

UK house prices fell on a monthly basis for the fifth month in a row, according to figures from Nationwide on Wednesday.

In January, house...

Wed, 01/02/2023 - 08:02


TOP NEWS: UK, EU reach customs deal that could end N.Ireland logjam

The UK and EU have reached an agreement on customs that could signal a step towards a breakthrough in the dispute over the post-Brexit Northern...

Wed, 01/02/2023 - 05:59


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