Economic news and events


UK competition watchdog CMA probes land banks in housing investigation

The UK competition watchdog has said it will probe land banking by the country’s biggest housebuilders as it identified a number of concerns regarding the...

Fri, 25/08/2023 - 13:46


UK regulator Ofgem slashes energy price cap to £1,923

Ofgem has slashed the price cap on UK energy bills to £1,923 after wholesale energy prices fell further, it announced on Friday.

The energy regulator said...

Fri, 25/08/2023 - 08:21


UK consumer confidence shows ’renewed optimism’ in August - GfK

UK consumer confidence is showing ‘renewed optimism’ against a backdrop of falling core inflation, figures suggest.

GfK’s long-running Consumer Confidence Index improved five points in August,...

Fri, 25/08/2023 - 05:52


UK PM Rishi Sunak announces Bletchley Park as site of autumn AI summit

Rishi Sunak’s autumn summit on artificial intelligence will be hosted at Bletchley Park, once the top-secret home of Second World War codebreakers.

The UK prime minister...

Thu, 24/08/2023 - 11:10


Workers at NHS trust vote for strikes in dispute over pay and staffing

Workers at an NHS trust have voted in favour of strikes in a dispute over pay and staffing.

Members of Unite at Barts Health NHS Trust...

Wed, 23/08/2023 - 20:51


TOP NEWS: UK survey readings point to third-quarter economic decline

The UK private sector fell back into contraction in August, survey results suggested on Wednesday, amid a renewed deterioration in the services sector.

The S&P...

Wed, 23/08/2023 - 09:58


Bank of England sounds alarm on corporate default risk amid rate rises

The Bank of England on Tuesday warned that rising interest is making it ‘difficult for some medium and large companies to repay debts’.

Higher interest...

Tue, 22/08/2023 - 16:33


Ireland producer prices in steepest year-on-year fall since June 2021

The annual decrease in Irish producer prices picked up speed last month, figures from the Central Statistics Office showed Tuesday.

Producer prices fell 5.2% year-on-year in...

Tue, 22/08/2023 - 11:38


TOP NEWS: UK government borrowing rises by less than expected in July

UK public sector net borrowing continued to climb last month, but at a slower pace than forecast, according to the Office for National Statistics on...

Tue, 22/08/2023 - 07:17


Pay for FTSE 100 bosses jumps 16% as wider wages behind inflation

The bosses of Britain’s biggest companies saw their pay surge by 16% last year as most workers saw their pay packets outstripped by inflation, according...

Tue, 22/08/2023 - 06:06


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