Economic news and events


Stormont Brake will not be pulled over change of EU law, UK says

The UK government has announced the Stormont Brake mechanism of the Windsor Framework will not be pulled to halt the appliance of new EU rules...

Mon, 20/01/2025 - 13:59


Trump and Starmer to hold talks in Washington in weeks’ time

Keir Starmer will hold talks with Donald Trump in Washington within weeks as the ‘special relationship’ faces strains under the incoming president.

The US President-elect, who...

Mon, 20/01/2025 - 10:15


New deal to enable UK-qualified professionals to work in Switzerland

A new agreement will enable UK-qualified professionals such as lawyers and ski instructors to work in Switzerland, ministers have announced.

The UK-Switzerland Recognition of Professional Qualifications...

Mon, 20/01/2025 - 07:00


UK house prices start year ‘with bang’, but rate uncertainties loom

UK house buyers benefited from the highest number of sellers at the start of a year since 2015, as prices rose at their fastest early-year...

Mon, 20/01/2025 - 06:31


Bank of England delays new rules for banks ahead of Trump presidency

The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they...

Fri, 17/01/2025 - 19:45


UK retail sales accelerates annually with December decline

UK retail sales declined on-month in December and significantly missed the consensus estimates, figures from the Office for National Statistics showed on Friday.

UK retail sales...

Fri, 17/01/2025 - 07:17


World Bank sees slow and steady global economic growth

Global growth should remain stable this year and next, but at recent historic lows, the World Bank said Thursday, expressing particular concern about growth in...

Thu, 16/01/2025 - 19:36


Chancellor urges regulators to ’tear down’ red tape in bid for growth

Rachel Reeves has urged regulators to ‘tear down’ red tape in a bid for stronger economic growth.

The under-pressure Chancellor and the Business Secretary met with...

Thu, 16/01/2025 - 19:35


Ireland consumer price inflation rate picks up to 1.4% in December

Ireland’s annual consumer price inflation rate accelerated last month, numbers from the nation’s Central Statistics Office showed on Thursday.

Year-on-year consumer price inflation picked up...

Thu, 16/01/2025 - 11:25


UK PM Starmer warns will take time to revive economy after weak growth

Turning the UK economy around will ‘take time’, Keir Starmer said after the latest figures showed weaker-than-expected growth.

The figures for November showed a return to...

Thu, 16/01/2025 - 10:59


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