Economic news and events


New gas power stations needed to stop blackouts threat - UK minister

The UK government has committed to building new gas power stations to avert what ministers described as the ‘genuine prospect of blackouts’.

In a speech at...

Tue, 12/03/2024 - 07:00


Ofgem raises concerns about net zero costs on lower income households

Ofgem has raised concerns that net zero costs could disproportionately hit lower income customers in the UK as it announced it is to examine how...

Mon, 11/03/2024 - 11:11


UK PM eyes getting people off welfare into work to fund tax cuts

Scrapping national insurance is set to be a key part of the Tory election offer to voters as UK Prime Minister Rishi Sunak suggested a...

Mon, 11/03/2024 - 07:42


Irish slowdown in construction activity decelerates in February

The ongoing contraction in Irish construction activity slowed in February, data published by S&P Global showed Monday.

The headline seasonally adjusted BNP Paribas real estate Ireland...

Mon, 11/03/2024 - 06:56


Water companies to invest more than £180m to tackle sewage spills

Water companies will invest more than £180 million to tackle sewage spills, the UK government has announced.

The fast-tracked investment made by several water companies in...

Mon, 11/03/2024 - 05:41


Irish industrial production plunges both monthly and yearly in January

Industrial production in Ireland slumped monthly in January, numbers from the country’s Central Statistics Office reported on Friday.

Industrial production fell 29% on-month in January, and...

Fri, 08/03/2024 - 11:54


UK PM Sunak says ‘nothing has changed’ on 2024 election timing

UK Prime Minister Rishi Sunak insisted ‘nothing has changed’ in his thoughts on the timing of the general election being in the second half of...

Fri, 08/03/2024 - 09:03


Former UK PM Theresa May will quit Parliament at upcoming election

Theresa May has said she will not fight the next UK general election, bringing a 27-year career in Parliament to an end.

The former UK prime...

Fri, 08/03/2024 - 08:59


TOP NEWS: UK house prices rise for fifth month in a row - Halifax

UK house prices rose for the fifth consecutive month in February, according to data from Halifax on Wednesday.

The Halifax house price index rose by 0.4%...

Thu, 07/03/2024 - 07:11


UK’s Jeremy Hunt hints at more pre-election giveaways after budget

UK Chancellor Jeremy Hunt has left the door open for more pre-election giveaways after delivering another 2p cut in national insurance in the budget.

The chancellor...

Thu, 07/03/2024 - 05:57


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