Economic News
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Ofgem looking into more 'dynamic' energy price cap
Monday 25 Mar 2024
(Sharecast News) - Ofgem announced a consultation to refine the energy price cap on Monday, ibn a bid to ensure ongoing customer protection amidst the evolving energy market landscape. Read More
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Manufacturers optimistic despite slide in output - CBI
Friday 22 Mar 2024
(Sharecast News) - British manufacturers expect conditions to pick up in the coming months, a closely-watched survey showed on Friday, despite reporting another slide in output volumes. Read More
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Expectations for a rate cut this year 'not unreasonable' - Bailey
Friday 22 Mar 2024
(Sharecast News) - Expectations of interest rate cuts this year are "not unreasonable", the governor of the Bank of England has said. Read More
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German business sentiment improves in March - Ifo
Friday 22 Mar 2024
(Sharecast News) - German business sentiment improved in March, according to a survey released on Friday by the Ifo Institute. Read More
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UK retail sales flat in February but ahead of expectations
Friday 22 Mar 2024
(Sharecast News) - UK retail sales were flat in February as wet weather dented spending in stores, according to figures released on Friday by the Office for National Statistics. Read More
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UK consumer confidence stalls - GfK
Friday 22 Mar 2024
(Sharecast News) - UK consumer confidence stalled in March, a long-running survey showed on Friday. Read More
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Bank of England leaves rates unchanged at 5.25%
Thursday 21 Mar 2024
(Sharecast News) - The Bank of England left interest rates on hold on Thursday, as widely expected. Read More
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Turkish central bank lifts interest rates to 50%
Thursday 21 Mar 2024
(Sharecast News) - The Turkish central bank announced on Thursday that it was lifting its policy rate to 50% from 45% in a surprise move. Read More
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Swiss National Bank cuts rates in surprise move
Thursday 21 Mar 2024
(Sharecast News) - The Swiss National Bank surprised markets on Thursday after it trimmed interest rates for the first time in nearly a decade. Read More
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'Glimmer of hope' for Eurozone economy as PMIs edge higher
Thursday 21 Mar 2024
(Sharecast News) - Business activity across the Eurozone showed early signs of stabilising in March, according to closely-watched research published on Thursday. Read More
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UK private sector continues to grow in March
Thursday 21 Mar 2024
(Sharecast News) - UK service sector output continued to grow in March, albeit at a slower pace, according to a survey released on Thursday, suggesting the economy has likely moved out of recession. Read More
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UK public sector borrowing drops in February
Thursday 21 Mar 2024
(Sharecast News) - Public-sector borrowing in the UK dropped significantly in February and was down year-on-year for the fourth straight month, according to figures released on Thursday by the Office ... Read More
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Tube drivers announce two 24-hour strikes
Wednesday 20 Mar 2024
(Sharecast News) - London Underground drivers belonging to the Aslef union will walk out in April and May, it was announced on Wednesday. Read More
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UK house market shows further signs of stabilising
Wednesday 20 Mar 2024
(Sharecast News) - UK house prices dipped only marginally in January, official data showed on Wednesday, providing more hope that the market was stabilising. Read More
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UK inflation falls to lowest since September 2021
Wednesday 20 Mar 2024
(Sharecast News) - UK inflation eased a little more than expected in February, according to figures released on Wednesday by the Office for National Statistics, fuelling expectations of a rate this su... Read More
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HMRC to severely cut back phone help services
Tuesday 19 Mar 2024
(Sharecast News) - HM Revenue and Customs (HMRC) is set to drastically reduce its telephone help services for several months, it was announced Tuesday. Read More
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UK lenders commit to more high street banking hubs
Tuesday 19 Mar 2024
(Sharecast News) - UK retail banks have committed to opening up more than 100 new shared banking hubs in an effort to preserve access to cash amid ongoing branch closures. Read More
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German business sentiment improves in March - ZEW
Tuesday 19 Mar 2024
(Sharecast News) - German business sentiment improved in March, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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UK manufacturers continue to invest despite bleak outlook
Monday 18 Mar 2024
(Sharecast News) - Confidence levels among UK manufacturers remain "robust" despite a subdued economic outlook, according to a survey published on Monday by Make UK and the accountancy firm BDO. Read More
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House prices jump on stronger demand - Rightmove
Monday 18 Mar 2024
(Sharecast News) - House prices jumped in March, industry data showed on Monday, as confidence in the UK housing market continued to recover. Read More
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