Economic news and events

UPDATE: BoE in more ‘normal state of affairs’ as shocks dissipate

Bank of England Governor Andrew Bailey suggested he needed to ‘see more’ to have the conviction to cut on Thursday, but sounded confident about a...

Thu, 05/02/2026 - 14:07

BoE leaves rates on hold but says ‘likely to be reduced further’

The Bank of England on Thursday left interest rates unchanged, in another tight vote, but hinted at further cuts ahead as inflation makes progress towards...

Thu, 05/02/2026 - 12:18

Ireland monthly unemployment rate steady at 4.7% in January - CSO

Ireland’s unemployment rate held steady in January, remaining unchanged from the previous month but edging higher on an annual basis, figures from Central Statistics Office...

Thu, 05/02/2026 - 11:59

UPDATE: UK PM says did not know depth of Mandelson’s Epstein ties

Keir Starmer has apologised to the victims of Jeffrey Epstein, saying he is ‘sorry for having believed Mandelson’s lies and appointed him’ British ambassador to...

Thu, 05/02/2026 - 11:50

Decline in UK construction activity slows as optimism jumps markedly

The slowdown in UK construction activity decelerated in January, survey results from S&P Global showed on Thursday.

The Hamburg Commercial Bank construction purchasing managers’ index rose...

Thu, 05/02/2026 - 09:45

UK service sector activity rise speeds up but underperforms in January

The UK’s service sector activity growth was slower than expected in January as workforce levels seemed to have declined faster than in December, data published...

Wed, 04/02/2026 - 09:51

UK rejects prospect of rejoining an EU customs union

Downing Street has rejected the prospect of rejoining an EU customs union after an official from the bloc said Brussels would have an ‘open mind’...

Tue, 03/02/2026 - 14:32

UK grocery inflation eases to lowest since April as sales climb

UK grocery sales rose in January while inflation eased, according to new data from Wordpanel by Numerator on Tuesday, as own label spending climbed to...

Tue, 03/02/2026 - 08:27

UK business optimism rises as manufacturing activity climbs in January

Job cutting in the UK’s manufacturing sector fell to its weakest since job losses started 15 months ago as growth in activity in the sector...

Mon, 02/02/2026 - 09:54

UK growth to slow and business investment to contract amid tax hikes

Britain’s economic growth will slow sharply in 2026 as tax hikes and spending cuts are expected to continue having an impact, according to a report.

The...

Mon, 02/02/2026 - 09:53

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