Economic news and events

The parent company of British Airways has warned it would not support Heathrow expansion without an overhaul of how passenger fees are set.

International Consolidated Airlines...

The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go bust.

Jonathan Brearley...

A Royal Navy submarine has been used to warn off one of Vladimir Putin’s spy ships operating around UK waters.

Defence Secretary John Healey gave details...

Micheal Martin is poised to become Ireland’s next premier, as the country’s parliament meets to nominate a new taoiseach on Wednesday.

Martin’s Fianna Fail emerged as...

Irish producer price index inflation sped up annually but slowed monthly in December, data published by the Central Statistics Office showed Wednesday.

The producer price...

The chairman of the UK’s competition watchdog stepped down earlier this week because he had a ‘different strategic approach’ from the government, the chancellor has...

Rachel Reeves said she would not apologise for the budget but insisted she would like to see taxes come down.

The UK chancellor said she was...

Rachel Reeves is set to face down prominent Labour critics of plans to expand Heathrow, saying the need for economic growth trumps other concerns.

The UK...

UK public sector net borrowing was much higher than expected in December, figures released by the Office of National Statistics showed on Wednesday.

PSNB totalled £17.81...

Rachel Reeves has said she expects to reveal multi-year spending plans for UK government departments in June.

The chancellor told Treasury questions that the spending review...