Economic News
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Non-farm payrolls rise more than expected in November
Friday 08 Dec 2023
(Sharecast News) - The US economy added more jobs than expected in November, according to data released on Friday by the Bureau of Labor Statistics. Read More
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CMA invites comments on Microsoft-OpenAI partnership
Friday 08 Dec 2023
(Sharecast News) - The Competition and Markets Authority initiated a public consultation to gather opinions on the partnership between Microsoft and OpenAI on Friday. Read More
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Recruitment slumps on weaker economic backdrop
Friday 08 Dec 2023
(Sharecast News) - Recruitment fell sharply in November, an industry survey showed on Friday, as economic uncertainty saw employers cut back on hiring. Read More
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FCA sets out new rules to prevent fully cashless society
Thursday 07 Dec 2023
(Sharecast News) - The Financial Conduct Authority (FCA) has declared that certain banks and building societies will still need to hold cash despite the UK's continuing shift to digital payments. Read More
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Eurozone economy stalls in third quarter
Thursday 07 Dec 2023
(Sharecast News) - Europe's economy stalled in the third quarter, official data showed on Thursday, leaving it a risk of recession. Read More
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UK house prices rise amid property shortage - Halifax
Thursday 07 Dec 2023
(Sharecast News) - UK house prices rose for the second month in a row in November, boosted by a shortage of properties, according to figures released by Halifax on Thursday. Read More
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UK house prices rise amid property shortage - Halifax
Thursday 07 Dec 2023
(Sharecast News) - UK house prices rose for the second month in a row in November, boosted by a shortage of properties, according to figures released by Halifax on Thursday. Read More
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Full impact of higher interest rates yet to be felt - BoE
Wednesday 06 Dec 2023
(Sharecast News) - The Bank of England warned on Wednesday that the risk environment remained "challenging", with both businesses and households yet to feel the full impact of higher interest rates. Read More
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US private sector adds fewer jobs than expected in November
Wednesday 06 Dec 2023
(Sharecast News) - Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP. Read More
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Coventry Building Society in talks to take over Co-op Bank
Wednesday 06 Dec 2023
(Sharecast News) - Coventry Building Society, one of Britain's largest building societies, is looking at a takeover of the Co-operative Bank, it was reported on Wednesday. Read More
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UK construction activity contracts further in November
Wednesday 06 Dec 2023
(Sharecast News) - Activity in the UK construction sector declined for the third consecutive month in November on the back of another sharp drop in residential housebuilding. Read More
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Eurozone construction falters on weaker demand
Wednesday 06 Dec 2023
(Sharecast News) - The eurozone's construction sector continued to struggle in November, a closely-watched survey showed on Wednesday, as demand faltered. Read More
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German factory orders unexpectedly slump in October
Wednesday 06 Dec 2023
(Sharecast News) - German factory orders unexpectedly slumped in October, according to figures released on Wednesday by Destatis. Read More
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UK services sector returns to growth in November
Tuesday 05 Dec 2023
(Sharecast News) - The UK services sector returned to growth in November, according to a survey released on Tuesday. Read More
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London Stock Exchange hit by outage
Tuesday 05 Dec 2023
(Sharecast News) - The London Stock Exchange said on Tuesday that it was investigating an issue with its trading information system, with trading in small cap stocks affected. Read More
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UK grocery sales to hit a record £13bn in December
Tuesday 05 Dec 2023
(Sharecast News) - UK grocery sales are expected to top £13bn in December for the first time ever on the back of rising prices and Christmas celebrations, according to market research agency Kantar. Read More
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China's services sector grows more than expected in November - Caixin
Tuesday 05 Dec 2023
(Sharecast News) - China's services sector grew more than expected in November, according to data released on Tuesday. Read More
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UK retail sales growth underwhelms as cost-of-living crisis hits Christmas spending
Tuesday 05 Dec 2023
(Sharecast News) - UK retail sales grew by an underwhelming amount in November despite shops stepping up their discounts leading up to Black Friday, data from KPMG and the British Retail Consortium sh... Read More
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Sir Jim Ratcliffe to take £1.25bn Man United stake
Monday 04 Dec 2023
(Sharecast News) - Manchester United and billionaire Sir Jim Ratcliffe are set to confirm a £1.25 billion deal next week, it was reported on Monday, with Ratcliffe set to take a 25% stake in the footb... Read More
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Gold prices hit record high amid rate cut expectations
Monday 04 Dec 2023
(Sharecast News) - Gold prices hit record highs on Monday, pushing past $2,100 an ounce amid expectations of rate cuts. Read More
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