Economic news and events


First-time UK home buyers face £200 more a month on mortgage

First-time UK house buyers with a 15% deposit to put down face paying nearly £200 per month more for a mortgage typically than they did...

Fri, 05/05/2023 - 05:58


TOP NEWS: UK Tories suffer losses in first electoral test for Sunak

Rishi Sunak’s Tories were on course for heavy losses in the Prime Minister’s first electoral test as Labour and the Liberal Democrats both made gains...

Fri, 05/05/2023 - 05:49


Forecast for growth in electric car sales in UK downgraded

Expectations for the growth in demand in the UK for pure electric new cars have been downgraded.

An automotive industry body on Thursday said it predicts...

Thu, 04/05/2023 - 13:04


Ireland jobless rate falls to 3.9% in April from 4.0% in March

Unemployment in Ireland eased last month, according to numbers from the Central Statistics Office on Thursday.

The unemployment rate fell to 3.9% in April from 4.0%...

Thu, 04/05/2023 - 11:37


UK net mortgage lending hits zero in March, as mortgage approvals rise

Net mortgage lending stalled in the UK in March, according to Bank of England data on Thursday, while mortgage approvals continued to rise.

Mortgage lending...

Thu, 04/05/2023 - 10:58


Service sector leads growth of private sector in Ireland during April

The services sector in Ireland expanded at its fastest rate in nearly a year and was entirely responsible for an improved picture for the overall...

Thu, 04/05/2023 - 10:37


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


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