Economic news and events


Rees-Mogg: New oil & gas licences to boost UK economy, energy security

A new licensing round for oil and gas exploration will boost both the UK's economy and energy security, Business & Energy Secretary Jacob Rees-Mogg has...

Fri, 07/10/2022 - 05:48


TOP NEWS SUMMARY: Shell sees worrying margin outlook for third quarter

The following is a summary of top news stories Thursday.

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COMPANIES

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Shell issued an update for its third quarter that ended September 30,...

Thu, 06/10/2022 - 11:34


TOP NEWS: UK construction sector returns to growth in September

The UK construction industry returned to growth in September, according to surprisingly positive new data on Thursday.

The S&P Global/CIPS UK construction purchasing managers' index...

Thu, 06/10/2022 - 10:00


UK chancellor to hold talks with bank chiefs amid mortgage rate surge

The UK chancellor is to meet with the UK's banks and building societies amid turmoil in the mortgage sector sparked by the mini-budget market chaos....

Thu, 06/10/2022 - 09:00


Labour's Starmer blames government for eye-watering mortgage increases

Keir Starmer has renewed calls for Liz Truss to reverse her ‘kamikaze’ budget as he warned families face ‘eye-watering’ mortgage increases.

Analysis by the Labour...

Thu, 06/10/2022 - 08:20


Over 40 European leaders gather to discuss security, energy issues

More than 40 leaders from all over Europe are expected in Prague on Thursday to attend the inaugural meeting of the European Political Community.

The...

Thu, 06/10/2022 - 05:47


Truss to press for European unity to address migration and energy

Liz Truss will call for unity from European leaders to ‘address the fundamental causes’ of energy and migration challenges as she attempts to move beyond...

Thu, 06/10/2022 - 05:46


Fitch lowers outlook for UK government debt rating to negative

Fitch on Wednesday lowered the outlook for its credit rating for British government debt from stable to negative after new Prime Minister Liz Truss announced...

Thu, 06/10/2022 - 05:43


UPDATE: UK PM Truss promises to make hard choices for economic growth

Liz Truss said she would make the ‘difficult but necessary’ choices to get economic growth, but was heckled by environmental campaigners during her first conference...

Wed, 05/10/2022 - 13:43


Ireland jobless rate unchanged at 4.3% in September

Ireland's unemployment rate was steady in September, figures on Wednesday showed.

According to the Central Statistics Office, the nation's jobless rate was unchanged from August's...

Wed, 05/10/2022 - 13:23


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