Economic news and events


TOP NEWS: UK grocery price inflation eases; Ocado loses market share

Grocery price inflation in the UK cooled by just over two percentage points to 12.7% in the four weeks that ended August 6, the second...

Tue, 15/08/2023 - 08:57


TOP NEWS: UK unemployment rises to 4.2% but wage inflation accelerates

UK unemployment rose unexpectedly in the three months to June, while at the same time wage inflation accelerated more quickly than expected, figures from the...

Tue, 15/08/2023 - 07:13


UK firms look to pause pay rises as consumer spending wanes - survey

UK businesses are being forced to consider selling off property and putting staff pay rises on pause in efforts to cut costs as consumer spending...

Mon, 14/08/2023 - 14:56


Finance committee chair calls for Ireland bank levy to rise

The chair of the Oireachtas finance committee has suggested that the bank levy in Ireland should be increased as a threat to the banks for...

Mon, 14/08/2023 - 14:55


Bank of England outage hits key payments systems processing billions

The Bank of England says it has resolved a technical issue which shut down a vital system that processes around £1 trillion in transactions every...

Mon, 14/08/2023 - 14:49


UK trade deficit narrows in June but gap with EU alone stretches

The UK’s trade deficit narrowed in June, numbers on Friday showed, with exports largely flat on a monthly basis and imports declining.

Its trade deficit...

Fri, 11/08/2023 - 08:17


TOP NEWS: UK economy registers surprise second-quarter growth

The UK economy was more resilient than expected in the second-quarter, seeing quarter-on-quarter growth of 0.2%, helped by a markedly better-than-forecast outturn for June.

According...

Fri, 11/08/2023 - 07:15


OPEC forecasts shortages after Saudi, Russian oil production cuts

The global oil market is facing a severe shortage of crude oil due to Saudi Arabia’s decision to cut production amid a rise in demand, according...

Thu, 10/08/2023 - 17:31


Consumer price inflation in Ireland slows to 5.8% in July

Consumer price inflation in Ireland slowed year-on-year in July, the latest figures from Ireland’s Central Statistic Office showed on Thursday.

The consumer price index rose 5.8%...

Thu, 10/08/2023 - 11:53


Ireland manufacturing production down in second quarter of 2023

Production in manufacturing industries declined in the second quarter of 2023 in Ireland when compared with the previous three months, data from the Central Statistics...

Wed, 09/08/2023 - 16:25


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