Economic news and events


US Federal Reserve official says ’premature’ to expect rate cuts soon

The US Federal Reserve’s fight against inflation is far from over and it is ‘premature’ to expect rate cuts around the corner, a senior US...

Fri, 19/01/2024 - 21:49


US military carries out fresh strikes against Yemen’s Houthis

The US military carried out another round of strikes against Yemen’s Houthi rebels on Friday, targeting missile launchers that were preparing for attacks on shipping...

Fri, 19/01/2024 - 21:47


TOP NEWS: UK retail sales see biggest monthly drop since January 2021

UK retail sales figures for the final month of 2023 came in much weaker than expected, official data on Friday showed.

According to the Office...

Fri, 19/01/2024 - 07:26


TOP NEWS: Houthis say US ship hit in Gulf of Aden attack; US denies

Yemen’s Houthi rebels claimed another attack on a US ship early Friday, after the US launched fresh strikes on rebel targets over their aggression towards...

Fri, 19/01/2024 - 05:46


UK Chancellor Hunt says lower tax is ‘direction of travel’

UK Chancellor Jeremy Hunt has dropped further hints about a tax-cutting budget as the Tories gear up for the general election.

The chancellor said ‘the direction...

Thu, 18/01/2024 - 21:43


UK government says ‘won’t stand by’ while Red Sea attacks continue

The UK ‘won’t stand by’ while international shipping is under attack, the government vowed as Iran-backed Houthi rebels said they would continue targeting vessels –...

Thu, 18/01/2024 - 21:30


UK PM insists his plan is working despite surprise hike in inflation

UK Prime Minister Rishi Sunak on Thursday insisted Britain was ‘pointing in the right direction’ despite an unexpected increase in inflation at the end of...

Thu, 18/01/2024 - 11:47


UK mortgage, credit card default rates jump in run-up to Christmas

Default rates on mortgages and credit cards increased in the run-up to Christmas, according to a Bank of England survey of lenders.

Banks and building societies...

Thu, 18/01/2024 - 10:38


UK’s Sunak survives knife-edge vote as Rwanda bill clears Commons

UK Prime Minister Rishi Sunak survived a key test of his leadership Wednesday, fending off right-wing rebels to win a crunch parliamentary vote on his...

Thu, 18/01/2024 - 06:20


US strikes in Yemen after Houthis re-designated ’terrorist’ entity

American forces targeted 14 missiles that were ready to launch in Yemen, the US military said Wednesday, after Washington re-designated the Iran-backed Houthi rebels as...

Thu, 18/01/2024 - 06:13


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