Economic news and events


Tax rise outlined in UK budget for air passengers in premium cabins

Airline passengers travelling in premium cabins will be hit by a UK tax hike.

Chancellor Jeremy Hunt announced a ‘one-off adjustment’ to the level of air...

Wed, 06/03/2024 - 14:05


New tax on vapes announced in UK budget, adding excise duty

The UK government will introduce a new tax on vapes in a bid to discourage non-smokers from taking up the habit.

During his budget speech, Chancellor...

Wed, 06/03/2024 - 13:52


UK alcohol industry welcomes ‘much-needed certainty’ on duty freeze

The alcohol industry in the UK on Wednesday welcomed the extension of the alcohol duty freeze as ‘some much-needed certainty and stability’ for the industry...

Wed, 06/03/2024 - 13:45


UK BUDGET: Chancellor promises tax cuts ahead of UK general election

UK Chancellor Jeremy Hunt, who has faced pressure from fellow Tory politicians to ease a record-high tax burden, announced tax cuts on Wednesday, as expected,...

Wed, 06/03/2024 - 13:25


Ireland jobless rate falls to 4.2% in February from 4.5% in January

Ireland’s unemployment rate fell last month, numbers on Wednesday showed.

According to the Central Statistics Office, the nation’s jobless rate fell to 4.2% in February...

Wed, 06/03/2024 - 11:15


TOP NEWS: UK construction sector retreat slows a bit in February

The downturn in the UK construction sector continued to ease into February, new data on Wednesday showed.

The S&P Global UK construction purchasing managers’ index...

Wed, 06/03/2024 - 09:44


Japan signals interest in AUKUS defence tech partnership

Japan is interested in discussing cooperation with the US, Australia and Britain on advanced military technology, an official said Wednesday, signalling Tokyo could become more...

Wed, 06/03/2024 - 05:57


TOP NEWS: Hunt to announce 2p national insurance cut in budget

Jeremy Hunt is expected to make a 2p cut to national insurance central to his budget, which he said would deliver ‘more opportunity and more...

Wed, 06/03/2024 - 05:53


Birmingham City Council approves near 10% council tax hike, big cuts

Birmingham City Council has approved a 9.99% rise in council tax and a budget containing plans for ‘unprecedented’ cuts to services.

More than 50 Labour councillors...

Tue, 05/03/2024 - 20:29


New UK car market records strongest February in 20 years

The new car market in the UK recorded its strongest February in 20 years, figures show.

Nearly 85,000 new cars were registered last month, an increase...

Tue, 05/03/2024 - 15:40


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