Economic news and events

China’s retail sales weaken, miss forecasts in November

China’s retail sales growth weakened last month, official data showed on Monday, missing forecasts as demand remains muted in the world’s number two economy.

The country...

Mon, 16/12/2024 - 05:55

UK becomes first European nation to join CPTPP trade bloc

The UK will on Sunday become the first European nation officially to join an Indo-Pacific trade bloc, in a move that will ‘boost trade and...

Sun, 15/12/2024 - 10:24

Labour’s building boom not possible, UK construction authorities say

The head of the largest housebuilding firm in the UK has said Labour’s vow to build 1.5 million homes during this parliament is not possible...

Sat, 14/12/2024 - 09:56

UK’s Starmer urges G7 to be ’cautious’ about next steps in Syria

The UK Prime Minister has urged G7 leaders to show caution in Syria following the overthrow of Bashar Assad.

Keir Starmer told a meeting of the...

Fri, 13/12/2024 - 20:37

UK ministers to be able to bypass opposition to onshore wind farms

Ed Miliband has said he will be able to bypass local opposition to onshore wind farms as UK energy secretary under plans to decarbonise the...

Fri, 13/12/2024 - 13:31

UK economy suffers surprise 0.1% shrink in October

The UK economy remained in the doldrums, registering a surprise decline in October, numbers on Friday showed.

According to the Office for National Statistics, UK...

Fri, 13/12/2024 - 07:13

UK consumer confidence suppressed on ‘uncharitable view’ of economy

Consumer confidence remained suppressed in December amid the ‘continuing uncharitable view on the UK’s general economic situation’, a survey suggests.

GfK’s long-running consumer confidence index increased...

Fri, 13/12/2024 - 05:23

Talks to form an Irish government in the new year trudge on quietly

Political parties in Ireland are continuing the slow, steady process to form a government in the new year.

The most likely coalition partners are Fine Gael...

Thu, 12/12/2024 - 15:56

Homes ‘priority’ as UK reforms to allow more building on green belt

The UK prime minister said providing homes for people must be the ‘top priority’ over nature and the environment as government reforms are set to...

Thu, 12/12/2024 - 15:56

Starmer to attend EU leaders’ meeting as European ‘reset’ continues

Keir Starmer will become the first UK prime minister since Brexit to attend a meeting of EU leaders as he continues efforts to reset relations...

Thu, 12/12/2024 - 14:43

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