Economic news and events


Ireland factory sector suffers from fall in new order intake

Irish manufacturing activity worsened in October, amid a decline in new orders, according to survey results published on Wednesday.

The AIB purchasing managers’ index for the...

Wed, 01/11/2023 - 06:56


More firms going bust in England and Wales than since 2009

More businesses have gone bust in England and Wales in recent months than since 2009 amid the aftermath of the financial crisis, according to UK...

Tue, 31/10/2023 - 12:19


UK shop price inflation eases for fifth consecutive month

Shop price inflation has eased for the fifth consecutive month to its lowest rate since last August, figures show.

Prices were 5.2% higher in October than...

Tue, 31/10/2023 - 06:18


UK mortgage approvals drop in September, as borrowing costs climb

UK mortgage approvals declined in September, while remortgaging approvals fell to a multi-decade low, according to Bank of England figures on Monday.

Net mortgage repayments...

Mon, 30/10/2023 - 10:13


Rising number of UK restaurants becoming insolvent, study suggests

The number of UK restaurant companies becoming insolvent has risen by 46% in the past year, research suggests.

The total increased from 1,517 in 2021/22 to...

Mon, 30/10/2023 - 06:09


UK prepares to host global leaders’ gathering on AI

The UK government will welcome foreign political leaders, tech industry figures, academics and others this week for a two-day summit billed as the first of...

Mon, 30/10/2023 - 05:58


Increase in number of UK restaurants becoming insolvent

The number of UK restaurant companies becoming insolvent has risen by 46% in the past year, research suggests.

The total increased from 1,517 in 2021/22 to...

Sun, 29/10/2023 - 10:48


Ireland finance minister welcomes figures showing inflation slowdown

A slowdown in the rate of inflation in Ireland has been welcomed by Minister for Finance Michael McGrath.

An EU flash estimate indicates that prices rose...

Fri, 27/10/2023 - 18:47


Irish economy falls driven by multinational dominated sectors

The Irish economy fell in the third quarter of 2023, data from the Central Statistics Office showed on Friday.

According to early estimates, gross domestic product...

Fri, 27/10/2023 - 11:19


Increase in UK car production reaches almost 40% in September - SMMT

The number of cars built in the UK increased by almost 40% last month, driven by a rise in exports, figures show.

A total of 88,230...

Thu, 26/10/2023 - 06:34


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