Economic news and events


TOP NEWS: UK economy grows 0.2% in April; industrial production falls

Figures from the Office for National Statistics showed that the UK economy is estimated to have grown 0.1% in the three months to April.

According to...

Wed, 14/06/2023 - 07:25


TOP NEWS: BoE chief says tight labour market impeding inflation fight

Bank of England Governor Andrew Bailey on Tuesday claimed the tight labour market is keeping pricing pressures elevated as he admitted inflation is falling more...

Tue, 13/06/2023 - 18:09


TOP NEWS: BoE chief says tight labour market impeding inflation fight

Bank of England Governor Andrew Bailey on Tuesday claimed the tight labour market is keeping pricing pressures elevated as he admitted inflation is falling more...

Tue, 13/06/2023 - 18:09


UK mortgage rates increase again as focus turns to Bank of England

Mortgage rates in the UK increased again over the past seven days, though growth slowed according to a Rightmove tracker, as lenders feel the pressure...

Tue, 13/06/2023 - 12:23


TOP NEWS: UK unemployment rate edges down and pay growth accelerates

The UK unemployment rate ticked downward in the three months to April, while pay growth picked up, figures from the Office for National Statistics showed...

Tue, 13/06/2023 - 07:28


Taxes could fall if UK boosts productivity in public sector - Hunt

Taxes could start falling if productivity is boosted in the public sector, UK Chancellor Jeremy Hunt has suggested.

Hunt acknowledged that tackling high inflation must be...

Tue, 13/06/2023 - 05:55


UK overturns changes made to legislation aimed at scrapping EU laws

The UK government has overturned demands from peers for extra safeguards over post-Brexit plans to scrap EU laws.

MPs voted 269 to 204, majority 65, to...

Mon, 12/06/2023 - 17:44


Johnson says UK PM Sunak ‘talking rubbish’ as slanging match continues

Boris Johnson has accused UK Prime Minister Rishi Sunak of ‘talking rubbish’ after he claimed his predecessor asked him to overrule the vetting committee to...

Mon, 12/06/2023 - 17:39


Ireland finance minister says budget will be ‘prudent’

The Irish minister for finance has said the upcoming budget will be ‘prudent’.

Michael McGrath was speaking to reporters before the National Economic Dialogue which is...

Mon, 12/06/2023 - 13:17


TOP NEWS: BoE’s Haskel says further rate hikes ’cannot be ruled out’

Further interest rate rises ‘cannot be ruled out’ amid decades-high inflation in the UK, a Bank of England policymaker said.

Jonathan Haskel, writing in The Scotsman,...

Mon, 12/06/2023 - 11:12


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