Economic news and events


Bank of England seals sale of UK bonds bought after mini-budget

The Bank of England on Thursday said it sold a portfolio of £19.3 billion worth of UK gilts, which it purchased in the autumn to...

Thu, 12/01/2023 - 12:03


Ireland’s Varadkar and UK Labour leader Starmer head to Belfast

Irish premier Leo Varadkar and UK Labour leader Keir Starmer are to travel to Belfast on Thursday as efforts to resolve the dispute over the...

Thu, 12/01/2023 - 05:47


Royal Mail suffers ’severe service disruption’ after cyber incident

International Distributions Services PLC’s Royal Mail is experiencing ‘severe service disruption’ to its international export services following a cyber incident, the company has announced.

A...

Wed, 11/01/2023 - 16:54


Royal Mail rejects claims it is planning to sack thousands of workers

International Distributions Services PLC’s Royal Mail has rejected claims it is planning to sack thousands of workers, insisting such statements are ‘designed to mislead and...

Wed, 11/01/2023 - 16:53


Ireland unemployment rate declines to 4.3% in December

Ireland’s unemployment rate fell for the first time in seven months at the end of 2022, figures on Wednesday showed.

According to the Central Statistics...

Wed, 11/01/2023 - 12:02


UK foreign secretary to meet leaders in Belfast amid post-Brexit trade

Foreign Secretary James Cleverly has said post-Brexit trading issues which ‘risk and undermine’ Northern Ireland’s place within the UK must be addressed.

Cleverly was speaking...

Wed, 11/01/2023 - 05:51


TOP NEWS: World Bank cuts 2023 world growth forecast to 1.7%

Global growth is expected to slow ‘perilously close’ to recession in 2023, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising...

Tue, 10/01/2023 - 14:43


UK unions warn of further action against planned new anti-strike laws

New laws in the UK requiring minimum levels of service from ambulance staff, firefighters and railway workers during industrial action risk triggering a fresh clash...

Tue, 10/01/2023 - 10:06


TOP NEWS: First half of 2023 expected to be tough for UK retail

After a challenging year that saw inflation climb and consumer confidence fall, UK retail sales increased by 3.1% in 2021 from the year prior.

Sales...

Tue, 10/01/2023 - 05:01


Bank of England chief economist warns of persistent inflation in UK

The Bank of England’s chief economist said on Monday that a ‘distinctive context’ within the UK creates the potential for inflation to prove ‘persistent.’

At...

Mon, 09/01/2023 - 21:55


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