Economic News
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China Caixin manufacturing PMI deteriorates in July
Thursday 01 Aug 2024
(Sharecast News) - Activity in China's manufacturing sector deteriorated more than expected in July, according to data released on Thursday. Read More
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UK annual house price growth fastest since December 2022 - Nationwide
Thursday 01 Aug 2024
(Sharecast News) - UK house prices rose in July at the fastest annual rate since December 2022, according to data released by Nationwide on Thursday. Read More
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Eurozone inflation rises unexpectedly to 2.6%
Wednesday 31 Jul 2024
(Sharecast News) - Eurozone prices increased marginally faster than anticipated in July, a development that might cause the European Central Bank (ECB) to reconsider its plans for further rate reducti... Read More
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Shop price inflation unchanged but pressures 'lurking' - BRC
Tuesday 30 Jul 2024
(Sharecast News) - UK shop inflation was unchanged in July, but cost pressures were "lurking over the horizon" as commodity prices remained at risk from climate change and geopolitical tensions, accor... Read More
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UK govt abandons NatWest share sale; to hold Budget Oct 30
Monday 29 Jul 2024
(Sharecast News) - The UK government has abandoned a plan to sell its remaining stake in NatWest Bank to the public, said Finance Minister Rachel Reeves, who added that she would hold deliver a Budget... Read More
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Evri planning to add 9,000 jobs under new ownership
Monday 29 Jul 2024
(Sharecast News) - Parcel delivery firm Evri announced plans to hire 9,000 new workers on Monday, in response to surging online shopping demand. Read More
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UK mortgage approvals edge lower
Monday 29 Jul 2024
(Sharecast News) - Mortgage approvals in the UK fell marginally in June as the upwards momentum seen earlier this year continues to tail off, though there are signs that the housing market is beginnin... Read More
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UK job vacancies drop almost 20pc despite economic growth
Monday 29 Jul 2024
(Sharecast News) - The UK job market saw a downturn in June, with job vacancies plummeting by almost a fifth - 19.49% - according to fresh data on Monday, suggesting that recent economic growth had no... Read More
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Drivers pay £1.6bn too much in weak petrol market - CMA
Friday 26 Jul 2024
(Sharecast News) - The Competition and Markets Authority (CMA) reported on Friday that weakened competition among fuel retailers had led to UK drivers paying over £1.6bn more than they should have in... Read More
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HSBC, Lloyds among banks found in violation of CMA rules
Thursday 25 Jul 2024
(Sharecast News) - Four major high street banks - HSBC, Lloyds, TSB, and Allied Irish Banks (AIB) - have been found in violation of rules set by the Competition and Markets Authority (CMA), it emerged... Read More
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UK car production falls in June as manufacturers retool
Thursday 25 Jul 2024
(Sharecast News) - Automobile output in the UK fell in June as carmakers retooled lines to produce electrified models, a business lobby group said. Read More
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German business sentiment deteriorates in July - Ifo
Thursday 25 Jul 2024
(Sharecast News) - German business sentiment unexpectedly deteriorated in July, according to a survey released on Thursday by the Ifo Institute. Read More
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UK private sector expands as new business growth accelerates
Wednesday 24 Jul 2024
(Sharecast News) - Private-sector activity in the UK has expanded for the ninth straight month, with new business growth at its highest level in more than a year, according to the composite purchasing... Read More
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Global IT systems crash after CrowdStrike update hits Microsoft
Friday 19 Jul 2024
(Sharecast News) - Thousands of businesses around the world were thrown into disarray on Friday after a software update from cybersecurity firm CrowdStrike led to Microsoft-run system crashes at airli... Read More
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UK consumer confidence subdued - GfK
Friday 19 Jul 2024
(Sharecast News) - Consumer confidence remained subdued in July, a long-running survey showed on Friday, as people adopted a "wait and see" approach following the general election result. Read More
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UK retail sales slide in June - ONS
Friday 19 Jul 2024
(Sharecast News) - UK retail sales fell by more than expected in June, official data showed on Friday, partially reversing May's jump. Read More
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Government borrowing higher than forecast in June - ONS
Friday 19 Jul 2024
(Sharecast News) - Public sector borrowing came in higher than expected in June, official data showed on Friday. Read More
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House purchases delayed as BoE's CHAPS system hit
Thursday 18 Jul 2024
(Sharecast News) - The Bank of England said on Thursday that its CHAPS service has been hit by a global payments issue, delaying some high value and time-sensitive payments, including house purchases. Read More
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UK wage growth eases, vacancies fall
Thursday 18 Jul 2024
(Sharecast News) - UK wages grew at their slowest pace in nearly two years in the three months to May, according to figures released on Thursday by the Office for National Statistics. Read More
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UK house price growth accelerates, rent inflation stays elevated
Wednesday 17 Jul 2024
(Sharecast News) - The annual increase in UK house prices accelerated sharply in May, while rent inflation stayed close to multi-year highs, according to the latest data released on Wednesday by the O... Read More
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