Economic news and events


UK footfall drops again in July as election sparks shopping pause

Footfall declined for the 12th month in a row as fewer customers visited UK shopping centres in a pre-election lull, figures on Friday showed.

Total...

Fri, 02/08/2024 - 05:03


UPDATE: BoE cuts but ‘persistent’ prices something to be wary of

Bank of England Governor Andrew Bailey fell short of saying Thursday’s rate cut is a ‘one and done’ event but did not rule out Threadneedle...

Thu, 01/08/2024 - 14:43


TOP NEWS: Bank of England votes 5-4 to cut bank rate to 5%

The Bank of England on Thursday touted progress in tackling inflation, as it enacted a quarter-point cut to interest rates - a first since the...

Thu, 01/08/2024 - 12:25


GPs vote to begin industrial action which could last ’months’

Family doctors across England are to stage unprecedented industrial action amid a row over the new contract for GP services in England.

More than 8,500 GPs...

Thu, 01/08/2024 - 12:19


UK house price growth accelerates slightly in June - Nationwide

UK house prices picked up in July, numbers from mortgage lender Nationwide showed Thursday, but remain around 3% off record highs.

House prices rose 0.3%...

Thu, 01/08/2024 - 11:26


TOP NEWS: UK manufacturing sector grows but inflation pressure hots up

The UK manufacturing sector strengthened in July, a survey revealed on Thursday, but rampant inflation is a ‘blot on the copybook’.

The S&P Global UK manufacturing...

Thu, 01/08/2024 - 09:46


Irish manufacturing activity returns to slight growth in July

Manufacturing activity edged up to mild growth in July, data published by S&P Global showed Thursday.

The headline AIB Ireland manufacturing purchasing managers’ index posted 50.1...

Thu, 01/08/2024 - 06:06


Funds for new UK clean power schemes in boost to record £1.5 billion

The UK government is increasing the budget to support the next wave of renewable energy schemes to a record £1.5 billion, it has announced.

Labour has...

Wed, 31/07/2024 - 06:59


Taxes will likely be raised in this autumn - UK Chancellor Reeves

Taxes will likely be raised in the budget later this year, new UK Chancellor Rachel Reeves has said.

The chancellor said Labour would stick to its...

Wed, 31/07/2024 - 06:57


Business confidence in Scotland has surged in July, reports shows

Business confidence in Scotland has surged in July, driven by increased optimism in both business prospects and the economy, according to a report.

The latest Bank...

Wed, 31/07/2024 - 06:33


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