Economic news and events


UK’s Labour Party ’winning the argument on business’- former CBI chief

Businesses across the UK are being ‘wooed’ by Labour, a leading businessman has said, in comments that will be a blow to Rishi Sunak’s Tories.

Paul...

Tue, 14/02/2023 - 06:13


UK PM to do ‘whatever it takes’ to keep nation safe amid balloon row

The government will do ‘whatever it takes’ to keep the UK safe from the threat of spy balloons, Prime Minister Rishi Sunak has said.

It comes...

Mon, 13/02/2023 - 18:50


Global tech job cuts having ‘no visible impact’ on Irish labour market

Worldwide job losses in multinational technology companies are yet to have any visible impact on Ireland’s labour market, a European Commission economic report has said.

The...

Mon, 13/02/2023 - 15:38


Brexit cost UK £29 billion amid investment plateau - BoE’s Haskel

Brexit caused investment in UK businesses to plateau and dealt a productivity penalty worth £29 billion, or £1,000 per household, a Bank of England policymaker...

Mon, 13/02/2023 - 14:12


UK’s Sunak says government not backing away from sewage fines hikes

Rishi Sunak has denied reports that his government is backing away from plans to hit water companies with fines of up to £250 million for...

Mon, 13/02/2023 - 12:16


Plans for UK sewage penalties ’could be watered down’ in consultation

Therese Coffey is reportedly backing away from plans to hit water companies with fines of up to £250 million for spilling sewage into rivers and...

Mon, 13/02/2023 - 06:42


More UK pubs and bars call last orders as costs spiral and sales sink

The number of UK pub and bar companies calling last orders has risen by more than 200 in a year, new figures suggest.

Insolvencies rose from...

Mon, 13/02/2023 - 06:08


UPDATE: UK not out woods despite averting recession - Chancellor Hunt

The UK is ‘not out of the woods’ despite avoiding a recession by a tiny margin last year, the chancellor has warned, as economic forecasts...

Fri, 10/02/2023 - 14:41


TOP NEWS: UK trade deficit widened at end of 2022 as exports shrink

The UK’s trade deficit widened in the final quarter and month of 2022, as imports rose and exports fell, official data showed on Friday.

The...

Fri, 10/02/2023 - 08:36


TOP NEWS: UK industrial production picks up in December

Industrial production in the UK improved slightly at the end of 2022, data on Friday showed, while manufacturing output stalled.

According to the ONS, industrial production...

Fri, 10/02/2023 - 08:10


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