Economic news and events


Ukraine to get western support ‘for years to come’ - UK PM Sunak

Ukraine will receive western support for ‘years to come’, UK Prime Minister Rishi Sunak said as he warned Vladimir Putin that his strategy of waiting...

Tue, 23/05/2023 - 16:24


Bank of England admits to making errors in UK inflation forecasts

The Bank of England has admitted it made errors in its forecasting of UK inflation, and said it has some ‘very big’ lessons to learn...

Tue, 23/05/2023 - 12:14


TOP NEWS: UK services sector grows whilst factory activity declines

The UK is seeing a ‘tale of two economies’, survey results from S&P Global showed on Tuesday, as the service sector grows while manufacturing contracts.

The...

Tue, 23/05/2023 - 09:51


TOP NEWS: UK govt borrowing surges to £25.6 billion deficit in April

UK government borrowing swelled to £25.6 billion last month amid the cost of energy support schemes, higher benefit payments and rising debt interest, according to...

Tue, 23/05/2023 - 08:56


TOP NEWS: UK grocery inflation eases; sales get Coronation boost

UK grocery price inflation eased for the second month in a row, but remained at its third-highest rate since 2008, numbers from Kantar showed on...

Tue, 23/05/2023 - 08:31


Sinn Fein is largest party in Northern Ireland local government vote

Sinn Fein has emerged as the largest party in local government in Northern Ireland for the first time after making large gains in the council...

Sun, 21/05/2023 - 10:21


Chancellor urges Tories not to talk UK down as hints at tax cuts

UK Chancellor Jeremy Hunt on Friday urged the ruling Conservative party ‘not to talk ourselves down’ as he warned that creating an ‘inaccurate narrative’ about...

Sat, 20/05/2023 - 12:07


TOP NEWS: White House says ‘real differences’ in US debt default talks

Significant differences remain between congressional Republicans and Democratic President Joe Biden’s team in negotiations to avert a catastrophic US debt default, the White House said...

Fri, 19/05/2023 - 18:04


Rates may not need to rise as high amid tighter lending - Fed’s Powell

Federal Reserve Chair Jerome Powell on Friday said US interest rates may not need to go as high as expected, as stricter lending conditions may...

Fri, 19/05/2023 - 18:04


PRESS: Bank of England to stop Revolut bid for UK bank licence

The Bank of England is preparing to reject a bid by digital bank Revolut for a UK banking licence, citing balance sheet issues, The Daily...

Fri, 19/05/2023 - 15:30


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