Economic news and events


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


Ireland harmonised consumer price inflation rate stays at 1.5% in July

Ireland’s consumer price inflation rate was steady this month, an estimate from the Central Statistics Office showed on Tuesday.

The nation’s harmonised annual consumer price...

Tue, 30/07/2024 - 11:14


UK ban on acquisition-only energy tariffs to remain in Ofgem U-turn

The main UK regulator for electricity and downstream natural gas Ofgem has announced that the ban on acquisition-only tariffs will stay in place, just two...

Tue, 30/07/2024 - 09:50


UK law to bring train services into public ownership clears hurdle

Government legislation designed to help nationalise train operation in the UK has moved closer to becoming law.

The Passenger Railway Services (Public Ownership) bill would ensure...

Tue, 30/07/2024 - 08:59


TOP NEWS: UK shop price inflation at lowest rate since October 2021

Shop price annual inflation in the UK was steady in July, but uncertainty lies ahead, the latest data from the British Retail Consortium showed on...

Tue, 30/07/2024 - 06:38


UK’s economic watchdog to review Tories’ March budget preparations

The UK’s economic watchdog has announced a review into how the former government prepared its forecasting for the spring budget, as it raised concerns over...

Mon, 29/07/2024 - 17:33


UPDATE: UK Chancellor Rachel Reeves’ spending axe at a glance

Rachel Reeves has announced billions of pounds in spending cuts, after ordering the Treasury to carry out an audit of the UK’s public finances.

The chancellor...

Mon, 29/07/2024 - 16:36


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