Economic news and events

Britain is to retain the EU’s product safety CE mark indefinitely, rather than make its own post-Brexit alternative compulsory, in a move welcomed by manufacturers.

The...

The Bank of England has chosen the woman who led its response to the Northern Rock crisis to become its next deputy governor.

Sarah Breeden will...

The downturn in the UK’s manufacturing sector continued in July, according to survey data on Tuesday.

The S&P Global/CIPS manufacturing purchasing managers’ index worsened to 45.3...

The average UK house price fell at the fastest annual rate in 14 years in July, according to an index on Tuesday.

Property values declined by...

The factory sector in Ireland worsened further in July, with companies cutting back production at a historically rapid pace, according to survey results released by...

Shop price inflation in the UK decelerated in July hitting its lowest level this year as retailers mitigated the wet weather by offering larger discounts.

According...

Drinkers face significant price hikes from Tuesday when tax increases will see the duty on a bottle of wine rise by as much as 20%.

First...

The UK government said Monday it would issue ‘hundreds’ of new oil and gas licences in the North Sea to secure energy reserves while still...

Net mortgage approvals and approvals for remortgaging in the UK increased in June, according to the Bank of England on Monday.

Net mortgage borrowing by...

The ban on the sale of new petrol and diesel cars from 2030 remains government policy, the UK prime minister has said.

Rishi Sunak had been...