Economic news and events


US GDP growth slows in fourth quarter; PCE price index 2.9%, core 2.7%

US core personal consumption expenditures grew at a faster rate than expected in December, the US Bureau of Economic Analysis reported on Friday, but gross...

Fri, 20/02/2026 - 14:04


UK borrowing in current fiscal year falling faster than expected - IFS

UK borrowing is expected to fall faster in the current fiscal year than anticipated, the Institute for Fiscal Studies said Friday.

The IFS expects UK...

Fri, 20/02/2026 - 11:46


UK’s Hinkley Point nuclear plant costs raised to £35 billion - EDF

Paris-based energy group EDF on Friday raised the budget for the long-delayed Hinkley Point C nuclear plant in Britain, saying construction costs were now estimated...

Fri, 20/02/2026 - 09:53


UK services and manufacturing sectors beat expectations in February

Growth in both services and manufacturing sector activity in the UK was stronger than expected in February, which was however ‘another month of steep job...

Fri, 20/02/2026 - 09:44


UK’s Cooper to meet Rubio after Chagos deal thrown into fresh doubt

UK Foreign Secretary Yvette Cooper will meet her US counterpart Marco Rubio for talks in Washington after Britain’s Chagos Islands deal was thrown into fresh...

Fri, 20/02/2026 - 08:56


EDF pledges fresh £15 billion UK investment as nuclear outages drag

EDF has revealed that a fall in prices and a prolonged outage at one of its nuclear power stations dragged on UK profits last year,...

Fri, 20/02/2026 - 07:41


UK public sector surplus doubles, retail sales surpass expectations

The UK public sector reported a record surplus for January, while automotive fuel helped push retail sales higher for the latest three months, according to...

Fri, 20/02/2026 - 07:28


UK refusing to allow Donald Trump to use RAF bases to attack Iran

Donald Trump has withdrawn his backing for UK Prime Minister Keir Starmer’s Chagos Islands deal because he has not received UK approval to use its...

Fri, 20/02/2026 - 06:52


Irish harmonised inflation slows to 2.5% in January, more than eyed

Ireland’s annual harmonised consumer price index inflation rate decelerated more than expected in January, data published by the Central Statistics Office showed Thursday.

The country’s harmonised...

Thu, 19/02/2026 - 11:10


UK PM Keir Starmer appoints Antonia Romeo as Cabinet secretary

UK Prime Minister Keir Starmer has appointed Antonia Romeo as Cabinet Secretary and head of the Civil Service, praising her ‘determination to get things done’.

The...

Thu, 19/02/2026 - 09:56


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