Economic news and events


TOP NEWS: UK service sector sees strongest growth in 12 months

Growth in the UK’s services sector accelerated sharply in April, according to the latest survey data on Thursday, helping to drive growth in the private...

Thu, 04/05/2023 - 09:54


UPDATE: Fed Chair Powell says central bank ‘prepared to do more’

The Federal Reserve lifted US interest rates by 25 basis points on Wednesday, and, in a press conference shortly after the announcement, Chair Jerome Powell...

Wed, 03/05/2023 - 20:06


TOP NEWS: US Federal Reserve lifts interest rates by 25 basis points

The Federal Reserve lifted US interest rates by 25 basis points on Wednesday, as widely expected.

The decision from the central bank was unanimous and...

Wed, 03/05/2023 - 19:13


First-time UK buyers ’seeking smaller homes’ amid mortgage rises

First-time buyers are increasingly favouring smaller properties as they adjust their expectations amid higher mortgage rates and look to get away from rapidly rising rents,...

Wed, 03/05/2023 - 05:56


40% fall in new UK home registrations in first quarter of 2023

The number of new homes being registered to be built in the first quarter of this year fell by 40% compared with the same period...

Wed, 03/05/2023 - 05:47


TOP NEWS: Contraction in UK manufacturing activity continues in April

The downturn in the UK’s manufacturing sector continued in April, according to survey data on Tuesday, but companies remain optimistic towards the future.

The UK...

Tue, 02/05/2023 - 09:56


TOP NEWS: UK house prices edge up month-on-month in April

The average UK house price increased by 0.5% month-on-month in April, following seven consecutive falls, according to an index on Tuesday.

Nationwide Building Society, which released...

Tue, 02/05/2023 - 07:53


TOP NEWS: US manufacturing sector grows for first time in six months

The US manufacturing sector returned to growth in April, according to the latest data from S&P Global on Monday.

The seasonally adjusted S&P Global US...

Mon, 01/05/2023 - 15:22


Almost 4,600 hospitality firms close in year as energy bills rocket

More than 12 hospitality venues have shut each day in Britain over the past year amid the pressure of soaring energy costs, according to figures.

High...

Mon, 01/05/2023 - 06:06


Ireland harmonised annual inflation rate ebbs to 6.3% in April

Inflation in Ireland cooled against in April, a preliminary estimate from the Central Statistics Office showed on Friday.

The CSO said the flash harmonised yearly...

Fri, 28/04/2023 - 11:52


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