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Ireland's Treasury: Ireland plans to introduce an €8.5 billion package for its 2027 budget, down from €9.4 billion a year ago.

2026-07-22

Ireland's Treasury: Ireland plans to introduce an €8.5 billion package for its 2027 budget, down from €9.4 billion a year ago.

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2026-07-23

UNCTAD said in its Global Trade Update released June 22 that global trade continued to expand in 1H 2026, but with rising price pressures and a more uneven pattern of growth. It estimates goods trade at about $13.7 trillion, up 12.5% YoY, and service

UNCTAD said in its Global Trade Update released June 22 that global trade continued to expand in 1H 2026, but with rising price pressures and a more uneven pattern of growth. It estimates goods trade at about $13.7 trillion, up 12.5% YoY, and services trade up 10.5% YoY, with combined trade adding roughly $2 trillion and on track for an annual record. Strong demand for high‑tech goods—AI-related equipment, semiconductors and data‑centre infrastructure—was a key driver. UNCTAD cautioned that price pressures, geopolitical tensions and shifts in trade policy could weigh on future trade.
2026-07-22

RSM UK analyst Thomas Pugh said June inflation fell to 2.6%, effectively ruling out a Bank of England rate hike next week. The drop was driven mainly by declines in food, fuel and energy prices, while services inflation — the key gauge of domestic pr

RSM UK analyst Thomas Pugh said June inflation fell to 2.6%, effectively ruling out a Bank of England rate hike next week. The drop was driven mainly by declines in food, fuel and energy prices, while services inflation — the key gauge of domestic price pressures — was in line with expectations. Pugh expects inflation to rebound to about 3.3% in autumn as rising energy costs, supply‑chain strains and food-price pressures feed through, with upside risk if oil spikes. He expects Bank Rate to remain on hold and sees no rate cuts before 2027.
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