Economic news and events

The UK government’s borrowing costs rose Thursday with bond yields hitting 15-year peaks on expectations of more central bank interest rate hikes to fight inflation.

The...

Rishi Sunak remains concerned over the price of rejoining the EU’s Horizon Europe scientific research programme as he considers a draft deal.

The UK prime minister...

Bank of England Governor Andrew Bailey has said there was evidence that some retailers are overcharging shoppers and backed regulator moves to tackle so-called price...

Activity in the UK construction sector fell month-on-month in June, survey data showed on Thursday, due to a worsening decline in residential work.

The S&P...

Bank chiefs are meeting Financial Conduct Authority officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

Bosses from...

The UK Financial Conduct Authority on Thursday said warned asset managers must control their liquidity levels better as a failure to do so could bring...

The Bank of England misjudged the threat of inflation and did not move quick enough to raise interest rates, the central bank’s former deputy governor...

Ireland’s unemployment rate was unchanged at 3.8% in June, official data showed on Wednesday.

The Central Statistics Office said the seasonally-adjusted unemployment rate was unchanged from...

Growth in the UK’s services sector slowed in June, survey data on Wednesday showed, but the private sector as a whole continued to expand.

The...

Ireland’s services sector continued to grow in June, but the rate of expansion slowed slightly from May, according to survey data on Tuesday.

The AIB...