Economic news and events


Price rises becoming more widespread, Ireland's Central Bank warns

The Central Bank of Ireland has warned that inflation has become more widespread and 180,000 families are most at risk of further increases in prices....

Wed, 05/10/2022 - 12:02


TOP NEWS: UK PM Truss heckled in first conference speech as leader

UK Prime Minister Liz Truss's first conference speech as Tory leader was interrupted by heckling as she battled to unite her party.

She promised to...

Wed, 05/10/2022 - 11:58


TOP NEWS SUMMARY: Tesco's interim profit held back on hefty charges

The following is a summary of top news stories Wednesday.

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COMPANIES

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Tesco reported steady growth in interim trading, but profit was stung by...

Wed, 05/10/2022 - 11:09


TOP NEWS: UK private sector slumps to lowest level since early 2021

The UK's private sector suffered its fastest decline in output since the start of 2021 in September, data from S&P Global showed on Wednesday....

Wed, 05/10/2022 - 10:06


Irish service sector growth slows amid low demand, outlook drops

Growth in the Irish service sector weakened further as outlook dimmed, data from S&P Global said on Wednesday.

The services business activity index fell...

Wed, 05/10/2022 - 08:14


UK PM Liz Truss puts faith in growth plan to quell Tory opposition

Liz Truss will say the ‘disruption’ from her plans to revive the country's economy will be worth it as she battles to save her premiership...

Wed, 05/10/2022 - 06:00


BoE acted 'appropriately' quickly to UK budget proposal: IMF chief

IMF chief Kristalina Georgieva said Tuesday the Bank of England correctly moved swiftly in reaction to Britain's budget proposal late last month – a plan...

Wed, 05/10/2022 - 05:59


UK PM battles to maintain cabinet discipline amid U-turns, confusion

UK Prime Minister Liz Truss was struggling to maintain cabinet discipline as Conservative critics who forced her U-turn on slashing income tax for the highest...

Tue, 04/10/2022 - 16:15


UK PM apologises for not being ‘more specific’ on energy price measure

UK Prime Minister Liz Truss has apologised for not being ‘more specific’ following her statements that ‘nobody’ will pay more than £2,500 for their annual...

Tue, 04/10/2022 - 16:13


UPDATE: Truss says she absolutely trusts Kwarteng after unity display

Liz Truss insisted she trusts Chancellor Kwasi Kwarteng despite the U-turn over axing the top rate of tax.

The prime minister and Chancellor toured a...

Tue, 04/10/2022 - 14:47


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