Economic News
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Macquarie emerges as a lender to Thames Water parent
Tuesday 09 Apr 2024
(Sharecast News) - Australian investment bank Macquarie emerged as one of the lenders involved in Thames Water's financial struggles on Tuesday, seven years after its ownership of the utility ended. Read More
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UK retail sales growth hits eight-month high in March
Tuesday 09 Apr 2024
(Sharecast News) - The unusually early Easter holidays gave the UK retail sector a big boost in March, according to the British Retail Consortium-KPMG Retail Sales Monitor released on Tuesday Read More
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TSMC strikes $11.6bn deal with White House to expand AZ plans
Monday 08 Apr 2024
(Sharecast News) - TSMC, the world's largest chipmaker, has struck an $11.6bn deal with the United States to bolster president Joe Biden's ambitions in AI chip development, it was revealed on Monday. Read More
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US economy adds more jobs than expected in March
Friday 05 Apr 2024
(Sharecast News) - The US economy added more jobs than expected in March, while the unemployment rate ticked lower, according to figures released on Friday by the Commerce Department. Read More
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UK construction sector returns to growth in March
Friday 05 Apr 2024
(Sharecast News) - The UK construction sector returned to growth in March, according to a survey released on Friday. Read More
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House prices fall for first time in six months - Halifax
Friday 05 Apr 2024
(Sharecast News) - UK house prices fell for the first time in six months in March as the drop in mortgage rates stalled, according to figures released by Halifax on Friday. Read More
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New property listings surged before Easter, says Rightmove
Friday 05 Apr 2024
(Sharecast News) - The number of people selling their homes in the UK surged over Easter, according to new data from Rightmove, with the property portal seeing its busiest day for new listings so far ... Read More
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Aslef calls off next week's Tube strikes
Thursday 04 Apr 2024
(Sharecast News) - Impending strikes on the London Underground, scheduled to start next week, were called off on Thursday by the train driver's union, Aslef. Read More
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UK business activity continues to expand, albeit less than expected
Thursday 04 Apr 2024
(Sharecast News) - UK business activity continued to expand in March, albeit less than expected, according to a survey released on Thursday. Read More
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UK new car registrations up 10.4% in March
Thursday 04 Apr 2024
(Sharecast News) - UK new car registrations rose 10.4% in March, according to the Society of Motor Manufacturers, as carmakers shored up electrified demand. Read More
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US private sector adds more jobs than expected in March - ADP
Wednesday 03 Apr 2024
(Sharecast News) - Private sector employment in the US rose more than expected in March, according to figures released on Wednesday by the ADP. Read More
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China's Caixin services PMI ticks up as expected in March
Wednesday 03 Apr 2024
(Sharecast News) - Activity in China's services sector grew as expected in March, according to figures released on Wednesday. Read More
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UK factory activity expands in March for the first time since mid-2022
Tuesday 02 Apr 2024
(Sharecast News) - Factory sector activity expanded last month for the first time since July 2022, according to the results of a closely followed survey. Read More
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UK house prices dip unexpectedly in March, Nationwide says
Tuesday 02 Apr 2024
(Sharecast News) - House price inflation in the U.K. ebbed unexpectedly last month, the results of a closely followed survey revealed. Read More
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Thames Water in crisis as investors pull £500m bailout
Thursday 28 Mar 2024
(Sharecast News) - Struggling UK utility Thames Water faced a funding crisis on Thursday as shareholders pulled a £500m bailout after regulators refused its demands to hit customers with massive price... Read More
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Data confirms UK fell into recession last year
Thursday 28 Mar 2024
(Sharecast News) - The UK economy fell into recession in the second half of last year, according to final figures released on Thursday by the Office for National Statistics. Read More
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Yen reaches weakest levels in 34 years
Wednesday 27 Mar 2024
(Sharecast News) - The Japanese yen plunged to its weakest level against the US dollar in about 34 years on Wednesday. Read More
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UK grocery inflation falls to 4.5% but shoppers still struggling - Kantar
Tuesday 26 Mar 2024
(Sharecast News) - Almost a quarter of UK households see themselves as struggling financially despite a 4.5% fall in grocery price inflation, according to survey data published on Tuesday. Read More
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Markets pricing too many UK rate cuts, says Catherine Mann
Tuesday 26 Mar 2024
(Sharecast News) - Bank of England policy maker Catherine Mann said on Tuesday that financial markets are pricing in too many interest rate cuts this year and that it's unlikely the UK will move befor... Read More
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UK retail sales rise a little in March - CBI
Monday 25 Mar 2024
(Sharecast News) - UK retail sales rose a little in the year to March, according to a survey released on Monday. Read More
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