Economic news and events

National insurance hike ‘biggest issue’ after budget - BoE chief

The boss of the Bank of England has said the way businesses react to the national insurance hike is currently the ‘biggest issue’ after the...

Wed, 04/12/2024 - 15:06

Ireland jobless rate ebbs to 4.1% in November from 4.2% in October

Ireland’s unemployment rate declined in November, numbers on Wednesday showed, after a slight rise in October.

The nation’s jobless rate stood at 4.1% last month,...

Wed, 04/12/2024 - 11:08

TOP NEWS: UK service sector growth slows as firms fret over tax hikes

The UK service sector saw growth ease to the most tepid pace for around a year, survey results on Wednesday showed, amid worries about tax...

Wed, 04/12/2024 - 09:52

UK’s Lammy tells Nato members to ‘get serious’ about defence spending

UK Foreign Secretary David Lammy urged European Nato members to step up defence spending ahead of Donald Trump’s return to the White House.

The US president-elect...

Wed, 04/12/2024 - 09:29

Deputy Irish premier refuses to be drawn on rotating taoiseach issue

Deputy Irish premier Micheal Martin has refused to say whether he will push against a rotating taoiseach as part of government formation talks.

Martin, who was...

Wed, 04/12/2024 - 06:59

UK chancellor says public services have to ‘live within their means’

Rachel Reeves has again declined to repeat her promise not to raise taxes or borrowing in future budgets, but the UK chancellor insisted she would...

Wed, 04/12/2024 - 06:57

Irish services business activity growth at highest since April 2023

Ireland’s service activity growth sped up markedly in November, purchasing managers’ index readings published by S&P Global showed on Wednesday.

The AIB Ireland services business activity...

Wed, 04/12/2024 - 06:55

Southern Western Railways service first to be nationalised in UK

The UK government has announced that South Western Railway’s services will be the first to transfer into public ownership next year.

Ministers said the move paved...

Wed, 04/12/2024 - 06:02

Four of UK’s five nuclear power stations to run longer than planned

Four of Britain’s five nuclear power stations will stay open longer than previously planned, their operator has said.

Paris-based energy company EDF SA said on Wednesday...

Wed, 04/12/2024 - 05:59

Qatar to invest £1 billion in climate technologies with UK

The British government said Wednesday that it has agreed to a partnership with Qatar that will see the Gulf state invest £1 billion in climate...

Wed, 04/12/2024 - 05:42

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