Economic news and events


Growth in Ireland’s service sector accelerates in December

Activity in Ireland’s service sector increased in December, according to the latest survey figures on Thursday.

The AIB Ireland purchasing managers’ index rose to...

Thu, 05/01/2023 - 17:19


UK government pursues ’minimum safety levels’ legislation for strikes

The government is pressing ahead with plans to introduce new legislation for ‘minimum safety levels’ during industrial action.

The Business Department announced that a Bill...

Thu, 05/01/2023 - 16:32


Chip crisis subdues UK new car market; battery electrics usurp diesel

Supply chain shortages hit the UK’s new car market last year, though battery electric vehicles grew in popularity, the Society of Motor Manufacturers & Traders...

Thu, 05/01/2023 - 10:32


TOP NEWS: UK services sector downturn eases slightly in December

The UK service sector remained inside contraction territory in December, according to the latest data from S&P Global on Thursday.

The S&P Global CIPS...

Thu, 05/01/2023 - 10:28


Sainsbury’s increases staff pay again to £11 an hour

J Sainsbury PLC has said it will increase pay for its 127,000 hourly workers in the third hike over the past year.

The retail firm,...

Thu, 05/01/2023 - 07:39


China says Hong Kong border to start reopening from Sunday

China will begin normalising travel between the mainland and Hong Kong from Sunday, Beijing announced Thursday, easing painful pandemic restrictions that have kept the border...

Thu, 05/01/2023 - 07:01


Christmas shoppers provide retail boost despite UK rail strikes

Christmas shoppers provided UK retail and hospitality with a crucial boost despite the cost-of-living crisis and rail strikes, figures show.

Shopper footfall in December was...

Thu, 05/01/2023 - 06:59


UK urged to reject ‘climate-wrecking’ Rosebank oil field plans

UK government ministers have been urged to halt ‘climate-wrecking’ development plans for a new oil field in the North Sea.

Rosebank, located north-west of Shetland,...

Thu, 05/01/2023 - 06:56


UK rail passengers face more disruption as train drivers strike

UK rail passengers face a third consecutive day of travel disruption on Thursday because of a strike by train drivers.

Services will be crippled by...

Thu, 05/01/2023 - 06:50


UK consumers borrow significantly more than expected in November

UK consumers borrowed an additional £1.5 billion in consumer credit during November, according to the latest data from the Bank of England on Wednesday....

Wed, 04/01/2023 - 09:49


Pages