Economic news and events


PRESS: UK to spend £100 million on artificial intelligence chips

UK Prime Minister Rishi Sunak is to spend up to £100 million of taxpayer money on thousands of high-powered artificial intelligence chips, according to a...

Sun, 20/08/2023 - 10:31


Exxon Mobil refinery workers walk out due to safety fears, says union

Workers at a Fife refinery withdrew their labour over safety concerns prompting calls for an investigation, a union has said.

Exxon Mobil Corp’s Mossmorran refinery in...

Fri, 18/08/2023 - 11:35


TOP NEWS: UK retail sales drop 3.2% annually in July amid wet weather

UK retail sales were worse than expected last month, according to official data on Friday, as consumers contended with wet weather and the intensifying cost-of-living...

Fri, 18/08/2023 - 07:15


Northern Ireland’s DUP in ‘engagement’ with UK government over Brexit

The DUP is having ‘meaningful engagement’ with the UK government over the Brexit issues which they say are blocking their return to Stormont.

But leader Jeffrey...

Thu, 17/08/2023 - 19:49


Rishi Sunak says he hopes Britons will feel better off next year

Rishi Sunak has outlined his hopes to ensure Britons feel better off next year, amid warnings that the UK economy faces a ‘very real risk’...

Thu, 17/08/2023 - 07:01


Irish central bank seeks explanation from Bank of Ireland after glitch

The Central Bank of Ireland is seeking a ‘full account’ of a glitch which saw Bank of Ireland Group PLC customers withdrawing or transferring more...

Thu, 17/08/2023 - 06:59


UK economic growth seen faster, as inflation cools - Treasury poll

The UK economy is expected to grow at a slightly faster pace than previously forecast, amid a faster easing of inflation pressures, according to an...

Wed, 16/08/2023 - 11:28


UK house prices rise 1.7% annually in June but down from November peak

UK house price growth slowed in June on an annual basis, according to official data on Wednesday.

The Office for National Statistics said, on an...

Wed, 16/08/2023 - 09:48


TOP NEWS: UK consumer price inflation cools to 6.8% in July

The UK headline inflation figure cooled as expected last month, but core inflation proved stubborn, figures from the Office for National Statistics showed on Wednesday.

Annually,...

Wed, 16/08/2023 - 07:19


English rail fares rise will be below inflation next year - government

Next year’s rise in English rail fares will be below inflation, the government has announced.

The Department for Transport said the increase will not be as...

Wed, 16/08/2023 - 05:58


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