Economic news and events


UK PM condemns Russian drone strike that injured two people in Romania

Keir Starmer has condemned a Russian drone strike that injured two people in Romania on Thursday night, calling it a ‘serious violation of Nato airspace’.

The...

Fri, 29/05/2026 - 12:15


Bank of England can tolerate inflation above 2% target - Andrew Bailey

The governor of the Bank of England has said that allowing inflation to remain above target levels for a period is ‘appropriate’ in the face...

Fri, 29/05/2026 - 12:13


Ireland harmonised consumer price inflation slows to 3.5% in May

Irish consumer price inflation slowed a notch in May, preliminary data published by the Central Statistics Office showed Friday.

The harmonised consumer price index, which allows...

Fri, 29/05/2026 - 11:14


UK home sales spike by 53% in a year as stamp duty ‘distorts’ market

The number of UK house sales surged by 53% last month compared with the year before, new estimates show, but experts cautioned over stamp duty...

Fri, 29/05/2026 - 11:13


Ireland retail sales fall 0.2% monthly in April; down 0.5% on-year

The volume of retail sales in Ireland declined in April, data published by the Central Statistics Office showed Thursday.

The volume of retail sales was down...

Thu, 28/05/2026 - 11:12


Youth unemployment crisis costing UK £125 billion a year - report

The UK’s youth unemployment crisis is costing the country around £125 billion a year, a review has estimated as its author warned of a ‘whole...

Thu, 28/05/2026 - 11:03


UK total vehicle production slips in April as domestic demand weakens

UK total vehicle manufacturing declined slightly in April as weaker domestic demand outweighed a slight increase in export demand, an industry body reported Thursday.

The Society...

Thu, 28/05/2026 - 05:11


UPDATE: UK PM Starmer signs defence pact with Poland’s Tusk

Keir Starmer hailed a ‘generational uplift’ in the UK’s defence and security ties to Poland, as he signed a new treaty with Donald Tusk.

The UK...

Wed, 27/05/2026 - 13:36


UK grocery price inflation eases as promotional spend picks up

UK grocery price inflation eased in recent weeks, to the tamest level since December 2024, data on Wednesday revealed, offering ‘welcome news’ for consumers.

According to...

Wed, 27/05/2026 - 08:00


Baked beans, olive oil among products that could face tariff cut in UK

The price of baked beans, garlic and avocados in the UK could be cut under plans to cut the tariffs of 125 ‘everyday essentials’ in...

Wed, 27/05/2026 - 06:44


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