Economic news and events


TOP NEWS: First half of 2023 expected to be tough for UK retail

After a challenging year that saw inflation climb and consumer confidence fall, UK retail sales increased by 3.1% in 2021 from the year prior.

Sales...

Tue, 10/01/2023 - 05:01


Bank of England chief economist warns of persistent inflation in UK

The Bank of England’s chief economist said on Monday that a ‘distinctive context’ within the UK creates the potential for inflation to prove ‘persistent.’

At...

Mon, 09/01/2023 - 21:55


UK energy bill support for businesses extended for another year

The UK government has promised to help businesses with their energy bills for another year, but significantly reduced the amount of support they will get....

Mon, 09/01/2023 - 19:12


UK unions left disappointed after pay talks with government

UK trade unions branded talks Monday with the government to discuss pay rise demands across the public and private sector ‘disappointing’, as workers prepare to...

Mon, 09/01/2023 - 17:11


Ireland industrial output up 7.8% monthly in November

Ireland industrial output rose both monthly and annually in November, according to the Central Statistics Office on Monday.

The CSO’s seasonally adjusted production index rose...

Mon, 09/01/2023 - 12:03


UK firms miss out on £300 million of pandemic business rates relief

Businesses hit hard by the pandemic missed out on around £300 million of business rates relief, according to analysis of new UK government figures.

The...

Mon, 09/01/2023 - 06:03


Worst yet to come amid UK cost of living struggle, think tank warns

The biggest impact of dramatically falling living standards is yet to hit, according to new research which shows that families across the UK have only...

Mon, 09/01/2023 - 06:02


UK ministers hold series of talks with unions in bid to avert strikes

UK ministers will hold a series of meetings with union leaders as they seek to prevent future strikes over pay in the NHS, in class...

Mon, 09/01/2023 - 05:47


UK firms considering redundancies to manage high costs - BDO report

Pessimism and low confidence among British businesses has led firms’ recruitment plans to reach the lowest levels in two years, an influential report has found....

Mon, 09/01/2023 - 05:44


UK to announce reduced energy support scheme for businesses

The UK Treasury is poised to announce a reduced scheme to support businesses with their energy bills after Chancellor Jeremy Hunt warned existing spending is...

Mon, 09/01/2023 - 05:44


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