Economic news and events


UK chancellor hopes to reduce tax burden in ‘prudent’ budget

The UK chancellor has said he hopes to use the budget to ‘show a path’ in the direction of tax cuts, but stressed any reductions...

Sun, 03/03/2024 - 11:05


UK PM Sunak warns that extremist forces are ‘trying to tear us apart’

UK Prime Minister Rishi Sunak used a Friday evening address to warn that democracy is being targeted by extremists.

Sunak said there are ‘forces here at...

Fri, 01/03/2024 - 18:38


UK PM hints budget may contain further cut in national insurance

UK Prime Minister Rishi Sunak has hinted at a cut to national insurance in next week’s spring Budget as he spoke to journalists at the...

Fri, 01/03/2024 - 15:57


Cut to interest rates ‘some way off’, says Bank of England economist

The Bank of England’s top economist has said he believes a cut to UK interest rates is still ‘some way off’.

Huw Pill, chief economist at...

Fri, 01/03/2024 - 15:55


TOP NEWS: Downturn in UK manufacturing continues into February

The UK manufacturing downturn continued in February, as weak demand and the Red Sea shipping crisis disrupt production, new survey data on Friday showed.

The seasonally...

Fri, 01/03/2024 - 09:45


Irish factory activity expands in February as order books improve

Ireland’s manufacturing sector swung back to growth in February, survey results suggested on Friday.

The AIB manufacturing purchasing managers’ index rose to 52.2 points in...

Fri, 01/03/2024 - 08:22


TOP NEWS: UK house prices rise by more than expected in February

UK house prices edged higher in February, according to figures from Nationwide on Friday.

The Nationwide house price index showed a 0.7% increase in seasonally...

Fri, 01/03/2024 - 07:55


UK FCA says no ‘significant intervention’ in financial data market

The UK’s financial services watchdog on Thursday said it will not conduct a probe on the wholesale data market, citing ‘potential unintended consequences’.

The Financial...

Thu, 29/02/2024 - 19:10


Bank of England names economist Clare Lombardelli as deputy governor

The Bank of England has appointed top global economist Clare Lombardelli as its deputy governor for monetary policy.

Lombardelli is currently the chief economist for the...

Thu, 29/02/2024 - 18:41


Ireland consumer price inflation cools to 2.2% in February - CSO

Consumer price inflation cooled in Ireland this month, according to preliminary figures on Thursday.

The Central Statistics Office’s flash estimate for harmonised consumer prices was an...

Thu, 29/02/2024 - 11:26


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