Economic news and events


Household energy bills in Great Britain to rise by 2% from October 1

The energy price cap will rise by 2% from October 1 for a typical household in England, Scotland and Wales, Ofgem has said.

The increase will...

Wed, 27/08/2025 - 08:16


UK government aims for permanent food and drink deal with EU

The UK government said it wants to get a permanent deal with the EU on food and drink agreed in the next 18 months, as...

Wed, 27/08/2025 - 06:39


Fine Gael minister backs Ireland’s Harris amid resignation call

The tanaiste is ‘full of compassion’ and ‘empathy’, a Fine Gael minister said as he backed Simon Harris amid calls for his resignation.

Enterprise Minister Peter...

Mon, 25/08/2025 - 16:53


Irish annual producer price decline eases to 3.5% in July

Irish producer prices fell at a slower pace last month, numbers on Friday showed.

According to the nation’s Central Statistics Office, producer prices declined 3.5%...

Fri, 22/08/2025 - 11:17


UK activity rise outperforms, helped by services but recruitment down

Activity growth in the UK was better than expected in August but an ongoing fall in employment continued to be a weak spot, preliminary data...

Thu, 21/08/2025 - 09:56


UK government net borrowing falls to three-year low in July - ONS

UK public sector net borrowing fell to around £1 billion in July, the Office for National Statistics reported on Thursday.

Net borrowing, the difference between total...

Thu, 21/08/2025 - 07:19


UK house prices increase 3.7% year-on-year in June - ONS

House prices in the UK rose solidly in June with broad-based growth led by Scotland and Northern Ireland, a report on Wednesday showed.

According to Office...

Wed, 20/08/2025 - 10:49


UK’s Torsten Bell fails to rule out capital gains tax for homeowners

A UK Treasury minister has not ruled out hitting owners of high-value houses with capital gains tax, CGT, when they sell their family home.

UK Chancellor...

Wed, 20/08/2025 - 09:59


UK consumer prices rise faster than expected in July

UK consumer price and retail price inflation were both higher than anticipated on an annual basis, the Office for National Statistics reported on Wednesday.

The...

Wed, 20/08/2025 - 07:14


More English businesses forced to close in July; cost pressures mount

The number of companies going bust across England and Wales remained elevated last month, new data shows, as pressures intensify for firms grappling with higher...

Tue, 19/08/2025 - 11:53


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