Economic news and events


UK Chancellor Reeves hails opportunity of net zero but faces criticism

Rachel Reeves has insisted ‘net zero is the industrial opportunity of the 21st century’ as she set out plans to boost growth in a slew...

Wed, 29/01/2025 - 13:57


Reeves backs £9 billion Lower Thames Crossing as ‘important project’

Rachel Reeves has given her backing to a new £9 billion road crossing between Kent and Essex.

The Chancellor said the 14.3-mile Lower Thames Crossing, LTC,...

Wed, 29/01/2025 - 13:55


Ireland retail sales continue to rise in December, early data says

Irish retail sales continued to rise in December, provisional data from the Central Statistics Office showed on Tuesday.

The estimated volume of retail sales grew...

Wed, 29/01/2025 - 11:46


UPDATE: Heathrow’s third runway plan backed by UK Chancellor Reeves

UK Chancellor Rachel Reeves has given her support for a third runway at Heathrow Airport.

In a speech in Oxfordshire on growth, she said the west...

Wed, 29/01/2025 - 11:06


UK government defeat in Lords over protecting copyright from AI

The UK government has been defeated in the Lords over measures to protect creatives from having their copyrighted work used to train artificial intelligence models...

Wed, 29/01/2025 - 06:54


Starmer vows to clear ‘regulatory weeds’ ahead of Reeves growth speech

Keir Starmer has vowed to ‘clear out the regulatory weeds’ to encourage growth, as Rachel Reeves will say that Britain has been ‘held back’ and...

Wed, 29/01/2025 - 06:42


Keir Starmer rules out ‘arbitrary’’ cap to cut ‘high’ migration levels

The prime minister has ruled out setting an ‘arbitrary’ cap to cut ‘staggeringly high’ migration levels after the UK population was projected to grow by...

Tue, 28/01/2025 - 14:14


Irish economy contracts by estimated 1.3% in fourth quarter

The Irish economy contracted slightly in the final quarter of 2024, preliminary data from Ireland’s Central Statistics Office showed on Tuesday, though it grew from...

Tue, 28/01/2025 - 11:33


EU, Britain face off in post-Brexit fishing battle

The EU and Britain crossed swords Tuesday at the world’s oldest arbitration body over rights to fish a tiny North Sea species, with Brussels accusing...

Tue, 28/01/2025 - 11:21


UK Cabinet ministers face economic growth test for new policies

Keir Starmer and Rachel Reeves have ordered Cabinet colleagues to ditch policies which could stand in the way of efforts to grow the economy.

The UK...

Tue, 28/01/2025 - 09:03


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