Economic news and events


UK government announces consultation on petrol car phase-out

A UK government consultation has been launched into the phase-out of petrol and diesel cars by 2030.

Automotive and charging experts will be invited to share...

Tue, 24/12/2024 - 08:14


Ireland sees wholesale prices rise in November with electricity surge

Ireland’s wholesale price index showed a slight improvement in November and swung to growth from the previous year’s decline, the country’s Central Statistics Office reported...

Mon, 23/12/2024 - 11:25


UK consumer ‘spending squeeze’ likely in January as worry mounts - BRC

Confidence in the UK economy among UK consumers fell sharply this month, foretelling a ‘spending squeeze’ to start 2025, the British Retail Consortium warned on...

Mon, 23/12/2024 - 07:31


UK economy is entirely flat in third quarter - new ONS estimate

The UK economic showed no growth at all in the third quarter, the Office for National Statistics said on Monday in a revised estimate of...

Mon, 23/12/2024 - 07:21


UK firms offer Reeves no festive cheer with gloomy 2025 outlook

UK businesses have issued a stark warning to Chancellor Rachel Reeves that the economy is ‘headed for the worst of all worlds’ with activity expected...

Mon, 23/12/2024 - 06:44


Irish government formation talks paused for Christmas break

Government formation talks in Ireland between Fianna Fail and Fine Gael have concluded for the Christmas break, with ‘progress’ made on various issues.

Discussions between the...

Fri, 20/12/2024 - 18:47


Mandelson says it is ‘great honour’ to be named UK ambassador to US

Peter Mandelson has said it is a ‘great honour to serve the country’ as the prime minister confirmed he had appointed him the next British...

Fri, 20/12/2024 - 17:32


UK, Mauritius want to finalise Chagos treaty ‘as quickly as possible’

The UK and Mauritius have been holding talks and hope to finalise the deal to hand back the Chagos Islands ‘as quickly as possible’.

They held...

Fri, 20/12/2024 - 16:00


UK government borrowing lower than expected in November

The UK government borrowed less than expected in November, aided by higher tax receipts and lower debt interest payments.

According to the Office for National Statistics,...

Fri, 20/12/2024 - 09:16


Peter Mandelson expected to be named next ambassador to US

Labour grandee Peter Mandelson is expected to be the next UK ambassador to the US.

Mandelson, who served in the cabinets of Tony Blair and Gordon...

Thu, 19/12/2024 - 20:29


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