Economic news and events


Boxing Day footfall slumps as post-pandemic figures stabilise

The slump in the number of people heading to the shops during Boxing Day sales signals a return to declining pre-pandemic levels, an analyst has...

Fri, 27/12/2024 - 07:07


UK shoppers predicted to spend average £236 each in Boxing Day sales

UK shoppers are predicted to spend £236 each on average in the Boxing Day sales this year, with the majority of purchases made online.

A total...

Thu, 26/12/2024 - 10:17


UK PM condemns Russia’s Christmas Day strikes on Ukraine power grid

Russia’s ‘bloody and brutal war machine’ has shown no respite ‘even at Christmas’, UK Prime Minister Keir Starmer said, as he condemned strikes against Ukraine’s...

Wed, 25/12/2024 - 15:16


UK government announces consultation on petrol car phase-out

A UK government consultation has been launched into the phase-out of petrol and diesel cars by 2030.

Automotive and charging experts will be invited to share...

Tue, 24/12/2024 - 08:14


Ireland sees wholesale prices rise in November with electricity surge

Ireland’s wholesale price index showed a slight improvement in November and swung to growth from the previous year’s decline, the country’s Central Statistics Office reported...

Mon, 23/12/2024 - 11:25


UK consumer ‘spending squeeze’ likely in January as worry mounts - BRC

Confidence in the UK economy among UK consumers fell sharply this month, foretelling a ‘spending squeeze’ to start 2025, the British Retail Consortium warned on...

Mon, 23/12/2024 - 07:31


UK economy is entirely flat in third quarter - new ONS estimate

The UK economic showed no growth at all in the third quarter, the Office for National Statistics said on Monday in a revised estimate of...

Mon, 23/12/2024 - 07:21


UK firms offer Reeves no festive cheer with gloomy 2025 outlook

UK businesses have issued a stark warning to Chancellor Rachel Reeves that the economy is ‘headed for the worst of all worlds’ with activity expected...

Mon, 23/12/2024 - 06:44


Irish government formation talks paused for Christmas break

Government formation talks in Ireland between Fianna Fail and Fine Gael have concluded for the Christmas break, with ‘progress’ made on various issues.

Discussions between the...

Fri, 20/12/2024 - 18:47


Mandelson says it is ‘great honour’ to be named UK ambassador to US

Peter Mandelson has said it is a ‘great honour to serve the country’ as the prime minister confirmed he had appointed him the next British...

Fri, 20/12/2024 - 17:32


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