Economic news and events


UPDATE: Nationalisation plans being drawn up for Thames Water collapse

The UK government is reportedly drawing up contingency plans for the emergency nationalisation of Thames Water as concerns grow over its mammoth £14 billion debt...

Wed, 28/06/2023 - 11:26


UPDATE: AIB calls cut in Irish state holding to below 50% ‘milestone’

AIB Group PLC on Wednesday said the reduction of the Irish government’s stake in the bank below 50% represents a ‘normalisation of the share register’...

Wed, 28/06/2023 - 08:35


Chancellor to meet watchdogs amid concerns over profiteering from inflation

Chancellor Jeremy Hunt will question consumer watchdogs on Wednesday over what powers they can use to help lower prices as concerns grow that firms are...

Wed, 28/06/2023 - 06:20


42% of UK house sellers cutting asking prices by over 5% - Zoopla

(Alliance News, - More than four in 10, 42%, house sellers are having to shave more than 5% off the original asking price to achieve...

Wed, 28/06/2023 - 05:54


TOP NEWS: Irish state trims AIB stake to below 50% in latest sale

The Irish government on Tuesday announced plans to cut its stake in AIB Group PLC by a further 5.0%, taking its holding below 50% for...

Tue, 27/06/2023 - 18:06


UPDATE: UK and EU co-operation on financial services a ’turning point’

The UK and EU have signed a deal to work closer together on financial services regulation in the latest sign of a post-Brexit thaw in...

Tue, 27/06/2023 - 17:15


Talks on UK joining EU Horizon research programme ’crunchy’, says Hunt

Talks on the UK participating in the Horizon Europe science programme have not stalled but are looking at ‘crunchy’ financial details, Jeremy Hunt said.

The Chancellor...

Tue, 27/06/2023 - 15:27


UK Chancellor Hunt to sign financial services memorandum with Brussels

UK Chancellor Jeremy Hunt is to sign an agreement with the EU that will see London and Brussels working closer together on financial services and...

Tue, 27/06/2023 - 11:27


TOP NEWS: UK car makers ask EU to delay ’cliff edge’ trade rules

UK car makers have pleaded with the EU to delay new post-Brexit trade rules which they claim will disproportionately affect electric vehicles.

The Society of Motor...

Tue, 27/06/2023 - 10:34


UK criticised for slow implementation of climate commitments

The UK government’s advisory body on tackling climate change on Tuesday voiced concern at the slow pace of the transition to clean energy, warning time...

Tue, 27/06/2023 - 06:35


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