Economic news and events


UK’s FCA to introduce ‘tough’ new rules for marketing cryptoassets

The Financial Conduct Authority on Thursday said it will introduce some ‘tough’ new rules for marketing cryptoassets.

The new advertising rules will come into play...

Thu, 08/06/2023 - 05:05


Sunak will ’take responsibility’ if fails to meet inflation target

Rishi Sunak has said he would take personal responsibility if he failed to meet his target of halving inflation.

The prime minister promised to halve inflation...

Wed, 07/06/2023 - 17:16


TOP NEWS: UK house prices flat in May on April but down on 2022

UK house prices stabilised in May from the previous month, data from Halifax showed on Wednesday, but saw their first annual decline in over a...

Wed, 07/06/2023 - 07:19


Sunak to flag Inflation Reduction Act concerns in talks with Biden

Rishi Sunak will raise concerns about Joe Biden’s flagship package of green technology subsidies when the pair meet in Washington on Thursday.

The UK prime minister...

Wed, 07/06/2023 - 06:39


TOP NEWS: UK construction expands despite steep fall in housebuilding

The UK construction sector continued to grow as a whole in May, as order books and new business rose sharply, despite the ongoing deterioration in...

Tue, 06/06/2023 - 09:53


Sunak’s AI adviser warns tech could help produce killer weapons

Artificial intelligence could have the capability to be behind advances that ‘kill many humans’ in only two years’ time, according to Rishi Sunak’s adviser on...

Tue, 06/06/2023 - 06:56


Irish services sector continues to see sharp expansion in May

Growth in Ireland’s services sector continued at pace in May, but slowed slightly from the previous month, according to survey data on Tuesday.

The AIB...

Tue, 06/06/2023 - 06:09


UK bank holidays fail to boost retail sales growth as expected

UK retail sales increased last month, though the trio of bank holidays failed to boost figures as much as expected, numbers on Tuesday showed.

According...

Tue, 06/06/2023 - 05:09


Biggest UK civil service union to continue industrial action

Industrial action by the biggest civil service union is to continue while it considers an improved offer from the UK government aimed at resolving a...

Mon, 05/06/2023 - 21:07


Boris Johnson calls on government to accelerate levelling-up measures

Boris Johnson has urged the government to accelerate levelling-up measures such as planning reform and devolution in order to unleash the UK’s ‘massive potential’.

The Tory...

Mon, 05/06/2023 - 18:12


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