Economic news and events


EXTRA: Sterling drops as Bailey hints at ‘more aggressive’ rate cuts

Sterling fell on Thursday after the Bank of England Governor Andrew Bailey suggested the central bank could become ‘more activist’ in cutting interest rates.

In...

Thu, 03/10/2024 - 14:26


UK to give up Chagos Islands sovereignty in agreement with Mauritius

Britain is giving up sovereignty of a remote group of islands in return for securing the long-term future of a strategically important military base.

The UK...

Thu, 03/10/2024 - 12:11


UK, Irish foreign ministers to discuss escalating Middle East conflict

The Irish and British foreign ministers are expected to discuss the escalating conflict in the Middle East during their meeting in Dublin later on Thursday.

The...

Thu, 03/10/2024 - 11:27


TOP NEWS: UK September services PMI growth falls short of estimates

Growth in the UK’s services economy cooled in September, survey results from S&P Global showed on Thursday.

The headline seasonally adjusted services purchasing managers’ index decreased...

Thu, 03/10/2024 - 10:17


Irish service sector growth steps up in September, beating UK and US

The service sector continued to carry the broader Irish economy last month, as the manufacturing sector shrank, purchasing managers’ index survey results from S&P Global...

Thu, 03/10/2024 - 08:53


PRESS: Sterling drops as Bailey hints at ‘more aggressive’ rate cuts

Sterling fell on Thursday after the Bank of England Governor Andrew Bailey suggested the central bank could become ‘more activist’ in cutting interest rates.

In...

Thu, 03/10/2024 - 08:28


UPDATE: UK PM Keir Starmer in Brussels to flesh out EU ‘reset’ pledge

Keir Starmer arrived in Brussels on Wednesday on his first visit as British prime minister, looking to build on a promised ‘reset’ of relations with...

Wed, 02/10/2024 - 13:59


Markets prone to ‘sharp correction’ amid ‘stretched’ valuations - BoE

The Bank of England on Wednesday warned that markets are vulnerable to a correction, while a survey by the central bank found geopolitical risks are...

Wed, 02/10/2024 - 11:53


Ireland unemployment rate eases to 4.3% in September

Ireland’s unemployment rate edged lower last month, numbers on Wednesday showed.

According to the Central Statistics Office, the jobless rate eased to 4.3% in September...

Wed, 02/10/2024 - 11:21


Ireland leader says election stance unchanged and defends budget

Taoiseach Simon Harris has insisted his thinking on the timing of a general election in Ireland has not changed as he rebuffed claims his government...

Wed, 02/10/2024 - 11:05


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