Economic news and events

Lenders have obligation to support struggling borrowers - BoE’s Bailey

Mortgage debt and home repossessions are much lower than during previous financial crises, the Bank of England’s governor said as he emphasised lenders’ ‘obligation’ to...

Mon, 16/01/2023 - 17:54

UPDATE: NI Protocol ‘scoping work’ to continue amid UK-EU ‘gaps’

Britain and the EU agreed to continue ‘scoping work’ to solve the dispute over the post-Brexit Northern Ireland Protocol, as gaps in their positions remained...

Mon, 16/01/2023 - 15:30

German wholesale prices still high in December, but growth slowed

Wholesale prices in Germany remained high in December, but the pace of growth slowed on an annual basis compared to previous months, data from Destatis...

Mon, 16/01/2023 - 08:47

UK-EU talks on Northern Ireland Protocol continue

The UK Foreign Secretary will resume talks with his European Commission counterpart as speculation mounts that London and Brussels could be nearing a breakthrough on...

Mon, 16/01/2023 - 07:59

TOP NEWS: Rightmove notes early signs of stability in UK house prices

After two months of falls, the average UK asking price rose by 0.9% in January, according to the latest data from Rightmove.

The average...

Mon, 16/01/2023 - 05:11

UK to ban single-use plastic plates, trays and cutlery from October

Single-use plastic plates, cutlery and a host of other items are set to be banned in England from October, the UK government has said.

The...

Sat, 14/01/2023 - 11:57

UPDATE: US eyes ’extraordinary measures’ to avoid default next week

The US Treasury Department said Friday it will likely begin ‘extraordinary measures’ next week to prevent a default on government debt, setting up a high-stakes...

Fri, 13/01/2023 - 21:43

US Treasury Secretary warns US projected to hit debt limit next week

The US could reach the debt limit currently set by Congress next week, Treasury Secretary Janet Yellen warned Friday, saying the Treasury will need to...

Fri, 13/01/2023 - 18:04

Kier fined £4.4 million after workers struck overhead powerlines

Kier Group PLC has been fined more than £4 million after workers twice struck overhead powerlines, with dramatic footage showing the moment a cable nearly...

Fri, 13/01/2023 - 17:44

Moscow reports capture of Soledar, marking first success since July

Russia declared the capture of Soledar in the Donetsk region in eastern Ukraine on Friday after days of intense fighting.

The town was completely taken...

Fri, 13/01/2023 - 15:40

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