Economic news and events


Interest rates should not be cut ’too far or too fast’ - BoE’s Pill

The Bank of England should be cautious about cutting interest rates ‘too far or too fast’, the central bank’s chief economist has warned.

Huw Pill has...

Fri, 04/10/2024 - 10:02


TOP NEWS: UK builders boosted by new projects, lower borrowing costs

The UK construction sector saw its fastest rate of growth in over two years in September, according to survey data on Friday.

The S&P Global UK...

Fri, 04/10/2024 - 09:51


UK private demand for new diesel cars growing faster than for EVs

Private demand for new diesel cars in the UK is growing faster than for pure battery electrics, preliminary figures show.

The Society of Motor Manufacturers &...

Fri, 04/10/2024 - 09:38


UK government pledges £22 billion for carbon capture projects

The government has pledged nearly £22 billion funding to develop projects to capture and store carbon emissions in northern England, and has already approved a...

Fri, 04/10/2024 - 08:07


EXTRA: Sterling drops as Bailey hints at ‘more aggressive’ rate cuts

Sterling fell on Thursday after the Bank of England Governor Andrew Bailey suggested the central bank could become ‘more activist’ in cutting interest rates.

In...

Thu, 03/10/2024 - 14:26


UK to give up Chagos Islands sovereignty in agreement with Mauritius

Britain is giving up sovereignty of a remote group of islands in return for securing the long-term future of a strategically important military base.

The UK...

Thu, 03/10/2024 - 12:11


UK, Irish foreign ministers to discuss escalating Middle East conflict

The Irish and British foreign ministers are expected to discuss the escalating conflict in the Middle East during their meeting in Dublin later on Thursday.

The...

Thu, 03/10/2024 - 11:27


TOP NEWS: UK September services PMI growth falls short of estimates

Growth in the UK’s services economy cooled in September, survey results from S&P Global showed on Thursday.

The headline seasonally adjusted services purchasing managers’ index decreased...

Thu, 03/10/2024 - 10:17


Irish service sector growth steps up in September, beating UK and US

The service sector continued to carry the broader Irish economy last month, as the manufacturing sector shrank, purchasing managers’ index survey results from S&P Global...

Thu, 03/10/2024 - 08:53


PRESS: Sterling drops as Bailey hints at ‘more aggressive’ rate cuts

Sterling fell on Thursday after the Bank of England Governor Andrew Bailey suggested the central bank could become ‘more activist’ in cutting interest rates.

In...

Thu, 03/10/2024 - 08:28


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