Economic news and events


New UK sanctions target crypto networks used by Russia

A new package of UK sanctions aiming to shut off funding to Russia’s war effort will target crypto networks.

They target cryptocurrency exchanges and the so-called...

Tue, 26/05/2026 - 14:29


PRESS: European Union spurns UK push to create single market for goods

The European Union has rebuffed a UK government push to access its single market for goods ahead of a summit set for July, UK press...

Tue, 26/05/2026 - 11:52


Reeves urges ministers to award UK firms contracts in four key sectors

UK Chancellor Rachel Reeves has told cabinet colleagues to award government contracts in shipbuilding, steel-making, energy infrastructure and artificial intelligence to British companies.

Procurement in those...

Mon, 25/05/2026 - 22:54


UK postpones Illicit Finance Summit amid international focus on Iran

A major summit on tackling global flows of dirty money has been postponed by six months as the Iran war consumes the attention of the...

Fri, 22/05/2026 - 14:18


UK’s Reeves targets oil, gas profits with plans to close tax loophole

Campaigners have cheered the UK chancellor’s move to take aim at oil and gas profits with plans to close a tax loophole on overseas activities...

Fri, 22/05/2026 - 11:36


Irish producer prices rise on-year in April amid higher energy costs

Ireland’s producer price index inflation rate slowed markedly on a month-on-month basis in April, data published by the Central Statistics Office showed Friday.

The country’s producer...

Fri, 22/05/2026 - 11:18


UK public sector borrowing tops OBR view in April; retail sales down

UK public sector borrowing was higher than expected last month, numbers on Friday showed, while retail sales were shy of expectations.

The Office for National...

Fri, 22/05/2026 - 07:15


Taoiseach greeted by French president on arrival for talks in Paris

Irish premier Micheal Martin was embraced by Emmanuel Macron at the Elysee Palace in Paris ahead of a meeting between the two leaders.

The Middle East,...

Thu, 21/05/2026 - 13:42


Multimillion-pound support announced for UK chemicals, ceramics firms

The UK government has announced multimillion-pound funding packages for chemicals and ceramics firms which it said will support thousands of jobs.

A £350 million so-called critical...

Thu, 21/05/2026 - 13:40


UK VAT slashed to 5% on summer attractions in cost-of-living plan

Rachel Reeves has announced a temporary cut in the rate of VAT on attractions such as theme parks, zoos and museums from 20% to 5%...

Thu, 21/05/2026 - 13:38


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