Economic news and events


Ireland’s Paschal Donohoe reelected Eurogroup chair

Irish Finance Minister Paschal Donohoe was reelected to lead the Eurogroup – the grouping of the finance ministers of the 19 countries using the euro...

Mon, 05/12/2022 - 19:11


UK minister to ease housebuilding targets amid Tory rebellion threat

The UK government is set to water down housebuilding targets after ‘well over 100 Tory MPs’ threatened to rebel over planning reform.

In a letter...

Mon, 05/12/2022 - 17:13


UK kick-starts local development funding to replace EU investment

The UK government has approved councils’ plans to invest a new £2.6 billion development fund, which replaces EU investment the UK no longer receives after...

Mon, 05/12/2022 - 16:48


US services growth logs surprise jump ahead of holiday season - ISM

Growth in the dominant US services sector picked up unexpectedly in November, ISM survey data showed Monday, as business activity strengthened with a boost from...

Mon, 05/12/2022 - 16:03


TOP NEWS: US service sector continues contraction amid subdued demand

Business activity in the US service sector continued to contract in November, according to data released on Monday by S&P Global.

The seasonally adjusted S&P...

Mon, 05/12/2022 - 15:41


Sainsbury’s pledges further £50m for cost-of-living price cuts

J Sainsbury PLC has said it will pump a further £50 million into its latest price-cutting push to support customers facing the soaring cost of...

Mon, 05/12/2022 - 13:14


TOP NEWS: Downturn in UK services sector continues in November

A continuing decline in the UK services sector points to the increasing likelihood of a recession, according survey results released on Monday.

The latest...

Mon, 05/12/2022 - 09:56


Ireland’s service sector loses momentum amid recession fears

Growth stalled in Ireland’s services sector in November, S&P Global said on Monday, as recession fears, the energy crisis and rising living costs weighed on...

Mon, 05/12/2022 - 08:46


UK government ’going backwards’ on green investment, says CBI chief

UK companies have been left ‘confused and disappointed’ as the government has started ‘going backwards’ on encouraging green growth in the UK, the leader of...

Mon, 05/12/2022 - 05:48


More UK rail strikes announced after union talks with minister fail

A railway workers union has served notice for strike action at a further six train operating companies and Network Rail – just hours after meetings...

Fri, 02/12/2022 - 17:10


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