Economic news and events


UK house prices start year ‘with bang’, but rate uncertainties loom

UK house buyers benefited from the highest number of sellers at the start of a year since 2015, as prices rose at their fastest early-year...

Mon, 20/01/2025 - 06:31


Bank of England delays new rules for banks ahead of Trump presidency

The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they...

Fri, 17/01/2025 - 19:45


UK retail sales accelerates annually with December decline

UK retail sales declined on-month in December and significantly missed the consensus estimates, figures from the Office for National Statistics showed on Friday.

UK retail sales...

Fri, 17/01/2025 - 07:17


World Bank sees slow and steady global economic growth

Global growth should remain stable this year and next, but at recent historic lows, the World Bank said Thursday, expressing particular concern about growth in...

Thu, 16/01/2025 - 19:36


Chancellor urges regulators to ’tear down’ red tape in bid for growth

Rachel Reeves has urged regulators to ‘tear down’ red tape in a bid for stronger economic growth.

The under-pressure Chancellor and the Business Secretary met with...

Thu, 16/01/2025 - 19:35


Ireland consumer price inflation rate picks up to 1.4% in December

Ireland’s annual consumer price inflation rate accelerated last month, numbers from the nation’s Central Statistics Office showed on Thursday.

Year-on-year consumer price inflation picked up...

Thu, 16/01/2025 - 11:25


UK PM Starmer warns will take time to revive economy after weak growth

Turning the UK economy around will ‘take time’, Keir Starmer said after the latest figures showed weaker-than-expected growth.

The figures for November showed a return to...

Thu, 16/01/2025 - 10:59


UK’s Reynolds worried about US tariff war that would hit public

UK Business Secretary Jonathan Reynolds has said he is worried about a potential trade war after Donald Trump returns to the White House and stressed...

Thu, 16/01/2025 - 10:35


UK economy returns to below-consensus growth of 0.1% in November

The UK economy grew in November, but by less than expected, data from the Office for National Statistics showed on Thursday.

Gross domestic product edged up...

Thu, 16/01/2025 - 07:19


People’s Pension to invest up to £4 billion in private market assets

The People’s Pension has revealed plans to step into private market investment in the months ahead.

The body is one of the biggest independent master trusts...

Thu, 16/01/2025 - 06:54


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