Economic news and events


UK trade association warns of offshore energy industry ‘deterioration’

The leading trade association for the UK’s offshore energy industry has said the situation in the industry has ‘deteriorated further’ as it called on the...

Wed, 15/10/2025 - 02:57


‘Rising’ risk UK economy will fall into negative growth - BoE’s Taylor

There is a ‘rising’ risk that the UK economy could see a ‘more forceful downturn’ due to higher borrowing costs, a policymaker at the Bank...

Tue, 14/10/2025 - 14:42


UK inflation to rise to highest in G7, warns IMF as food costs surge

UK inflation is set to surge to the highest in the G7 in 2025 and 2026, according to the International Monetary Fund, IMF.

In its latest...

Tue, 14/10/2025 - 14:05


UK grocery price inflation picks up to 5.2% - Worldpanel survey

UK grocery price inflation has accelerated in recent weeks, numbers on Tuesday showed, prompting consumers to hunt for value as spending on promotions spiked to...

Tue, 14/10/2025 - 08:30


UK unemployment rate surprisingly rises to 4.8% in August

The UK unemployment rate unexpectedly rose in the three months to August, numbers on Tuesday showed, though total earnings growth was higher than predicted.

According...

Tue, 14/10/2025 - 07:15


Ireland construction activity hits post-2022 low amid broad slowdown

Ireland’s construction sector contracted sharply in September at the fastest rate since December 2022, S&P Global reported Tuesday.

The AIB Ireland construction purchasing managers’ index fell...

Tue, 14/10/2025 - 03:07


UK annual retail sales growth slows to 2.3% in September - BRC-KPMG

The UK’s annual retail sales growth decelerated in September ahead of the UK government budget due late November, data published by the British Retail Consortium...

Tue, 14/10/2025 - 00:03


UK government faces growing pressure over collapsed China spy case

Britain’s government vehemently denied on Monday that it helped scupper a high-profile case involving two men accused of spying for China, as it comes under...

Mon, 13/10/2025 - 15:54


HS2 digs final deep tunnel between Birmingham and west London

HS2 Ltd has completed the digging of major tunnels on its route between Birmingham and west London.

The company building the high-speed railway said a tunnel...

Mon, 13/10/2025 - 14:56


Global financial system susceptible to shocks, Andrew Bailey warns G20

The global financial system is vulnerable to shocks amid a recent surge in the price of shares and other assets, Bank of England Governor Andrew...

Mon, 13/10/2025 - 11:57


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