Economic news and events


REPEAT: UK chancellor considers tax hit for £50 billion black hole

The UK chancellor Jeremy Hunt is looking at raising taxes on the sale of assets such as shares and property as he weighs up "difficult...

Fri, 04/11/2022 - 07:05


UK retail footfall weakens in October as eyes turn to Christmas period

UK retail footfall weakened in October, figures on Friday showed, as "tightening purse strings" meant fewer visits to high streets.

According to the latest British...

Fri, 04/11/2022 - 05:06


UK chancellor says households face "tough" times as mortgage costs up

UK Chancellor Jeremy Hunt has warned families will face "very tough" times as mortgage costs soar, but insisted he was clearing up the economic mess...

Thu, 03/11/2022 - 16:22


UPDATE: BoE governor says future rates may go up less than expected

The Bank of England lifted UK interest rates by 75 basis points on Thursday, as anticipated, but Governor Andrew Bailey hinted that rates will have...

Thu, 03/11/2022 - 13:52


TOP NEWS: Bank of England takes UK interest rates to 14-year high

The Bank of England lifted UK interest rates by 75 basis points on Thursday, as expected.

The central bank raised rates to 3.00%. Consensus,...

Thu, 03/11/2022 - 12:17


TOP NEWS: UK private sector contracts, as business confidence drops

The UK's private sector continued to contract in October, survey results showed on Thursday, but at a slower pace than expected.

The latest S&P...

Thu, 03/11/2022 - 09:54


Ireland service sector growth slows but input costs below recent peak

Ireland's service sector continued to lose momentum in October, S&P Global said on Thursday, amid slowing growth in demand, though its survey of purchasing managers...

Thu, 03/11/2022 - 08:55


UK PM Sunak makes Cop27 U-turn and will now attend climate summit

UK Prime Minister Rishi Sunak has reversed his decision to skip the Cop27 climate summit in Egypt next week, bowing to pressure from activists, his...

Wed, 02/11/2022 - 13:00


UK food inflation soars to record 11.6% as energy costs hit producers

Food inflation soared to a record 11.6% in October as even basics such as tea bags, milk and sugar all saw significant price rises, figures...

Wed, 02/11/2022 - 06:29


Labour refers UK home secretary to watchdog over security breach

Embattled UK Home Secretary Suella Braverman has been referred to a financial watchdog by Labour over concerns of a breach of insider trading laws.

Shadow...

Tue, 01/11/2022 - 21:37


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