Economic news and events


Bank economist says rates will probably not return to pre-Covid levels

The top economist at the Bank of England has said interest rates will probably be higher in the long run than they were in the...

Mon, 06/11/2023 - 21:50


UK government plans to mandate oil and gas licensing in the North Sea

The UK government revealed plans to mandate oil and gas licensing in the North Sea in a bid to reduce dependency on ‘hostile foreign regimes’,...

Mon, 06/11/2023 - 10:05


TOP NEWS: UK construction sector remains in doldrums in October

The UK construction sector continued to decline in October, numbers on Monday showed, amid another tricky month for housebuilding.

The latest S&P Global/Chartered Institute of...

Mon, 06/11/2023 - 09:47


TOP NEWS: UK private sector output decline lessens in October

The decline in the UK private sector persisted at the start of the fourth quarter, though at a lesser pace, numbers on Friday showed.

The...

Fri, 03/11/2023 - 09:54


Irish new orders down for first time in 2023; service sector rise ebbs

Overall private sector growth in Ireland slowed in October, while output and new orders declined for the first time in 2023, survey results from S&P...

Fri, 03/11/2023 - 06:59


Poor weather dampens UK retail sector footfall in October - BRC

The decline in UK retail footfall worsened last month, numbers on Friday showed, with poor weather meaning fewer visits to the high street.

According to the...

Fri, 03/11/2023 - 05:05


UPDATE: BoE’s Bailey says too soon to be mulling interest rate cuts

Bank of England Governor Andrew Bailey on Thursday pushed back on hope that it will soon cut rates, believing there is still some ‘distance to...

Thu, 02/11/2023 - 13:32


TOP NEWS: BoE leaves UK rates unmoved as warns of higher for longer

The Bank of England maintained UK interest rates at a 15-year high on Thursday, in a slightly less split vote by policymakers, as Threadneedle Street...

Thu, 02/11/2023 - 12:17


Ireland jobless rate up to 4.8% in October from 4.7% in September

Ireland’s unemployment rate edged slightly higher last month, numbers from the Central Statistics Office showed Thursday.

The nation’s jobless rate rose to 4.8% in October,...

Thu, 02/11/2023 - 11:11


UK Labour party vows to force firms developing AI to meet requirements

The UK Labour party has said it would urgently introduce binding requirements for companies developing powerful artificial intelligence after Rishi Sunak said he would not...

Thu, 02/11/2023 - 08:51


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