Economic news and events


UPDATE: UK PM Sunak carries out shake-up as reshuffles ministers

UK Prime Minister Rishi Sunak has carried out a sweeping shake-up of Whitehall with the creation of four new government departments aimed at boosting economic...

Tue, 07/02/2023 - 11:27


Irish industrial production picks up pace in fourth quarter

Industrial production in Ireland increased at the end of 2022, according to new figures from the Central Statistics Office on Tuesday.

In the fourth quarter, industrial...

Tue, 07/02/2023 - 11:22


UK’s five-year fixed mortgage rates now available below 4%

Five-year fixed-rate mortgages in the UK are available at below 4% once again.

It is a further sign the market is settling following turmoil in the...

Tue, 07/02/2023 - 10:39


UK Prime Minister Sunak set for mini-reshuffle to replace Zahawi

Rishi Sunak is set to reshuffle his cabinet with the appointment of a new Conservative Party chair and the possibility of reforms to Whitehall departments.

The...

Tue, 07/02/2023 - 08:56


TOP NEWS: UK house prices unchanged in January from December

UK house prices remained stable in January, according to new data on Tuesday.

According to Halifax’s house price index, house prices registered no monthly change...

Tue, 07/02/2023 - 08:09


UK property investors include Kremlin allies: study

Almost 52,000 UK properties are owned by anonymous investors, including some ‘close to the Kremlin’, a report said Tuesday despite laws seeking to stop dirty...

Tue, 07/02/2023 - 06:49


UK digital currency ’likely to be needed’, say Treasury, BoE

A state-backed ‘digital pound’ could be launched later this decade as the Bank of England and Treasury set out a road map to potentially introduce...

Tue, 07/02/2023 - 05:54


UK retail sales growth slows amid ‘January blues’, red-hot inflation

UK retail sales growth slowed last month, figures on Tuesday showed, with consumers reining in spending amid rampant inflation.

According to the latest British Retail...

Tue, 07/02/2023 - 05:01


UK new car market grows for sixth month in a row - SMMT

The UK’s new car market has grown for six consecutive months, new figures showed on Monday.

Some 131,994 new cars were registered last month, up 15%...

Mon, 06/02/2023 - 10:12


TOP NEWS: UK interest rates likely to need to rise again - BoE’s Mann

Interest rates in the UK will likely need to rise further despite early signs of a ‘turning point’ in the battle against sky-high inflation, according...

Mon, 06/02/2023 - 10:10


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