Economic News
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ASLEF members vote to continue train strikes
Friday 01 Dec 2023
(Sharecast News) - The ASLEF train drivers' trade union has voted to continue strikes ahead of planned industrial action next week, saying that members are "in this for the long haul". Read More
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UK manufacturing downturn eases in November
Friday 01 Dec 2023
(Sharecast News) - The downturn in the UK manufacturing sector eased in November, according to a survey released on Friday. Read More
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House prices unexpectedly rise again in November - Nationwide
Friday 01 Dec 2023
(Sharecast News) - UK house prices unexpectedly rose again last month, according to a survey released on Friday by Nationwide. Read More
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China factory activity picks up in November
Friday 01 Dec 2023
(Sharecast News) - Factory activity in China picked up in November, according to figures released on Friday. Read More
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Black Friday boosts retail footfall - BRC
Friday 01 Dec 2023
(Sharecast News) - UK retail footfall stabilised in November, industry data showed on Friday, as shoppers snapped up Black Friday bargains. Read More
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US pending home sales drop to record low in October
Thursday 30 Nov 2023
(Sharecast News) - US pending home sales dropped to a record low in October as mortgage rates rose sharply. Read More
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OPEC+ agrees to cut output by a further 1m barrels a day
Thursday 30 Nov 2023
(Sharecast News) - OPEC+ members have reportedly agreed to cut oil production by a further one million barrels a day. Read More
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Court overturns Apple's appeal of UK mobile markets probe
Thursday 30 Nov 2023
(Sharecast News) - The Court of Appeal has upheld the Competition and Markets Authority's (CMA) decision to initiate a market investigation into mobile browsers and cloud gaming. Read More
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Saudi said to have won provisional backing for Opec+ oil production cuts
Thursday 30 Nov 2023
(Sharecast News) - Saudi Arabia has reportedly won provisional backing for further oil production cuts by the Opec+ group, boosting oil prices to the highest in three weeks ahead of a crucial meeting ... Read More
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RMT members agree pay deal to end strikes
Thursday 30 Nov 2023
(Sharecast News) - Member of the RMT rail workers union have accepted a pay deal from the Rail Delivery Group (RDG), meaning that agreements have now been reached with three out of the four unions inv... Read More
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Residential transactions fall in October - HMRC
Thursday 30 Nov 2023
(Sharecast News) - The number of homes sold the in the UK fell sharply in October, official data showed on Thursday. Read More
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German unemployment still rising despite total employment record
Thursday 30 Nov 2023
(Sharecast News) - The number of employed rose in Germany in October, albeit marginally, as seasonally-adjusted figures showed a slight uptick in the number of those in work since the summer. Read More
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US economy grows more than expected in Q3
Wednesday 29 Nov 2023
(Sharecast News) - The US economy grew more than initially estimated in the third quarter, according to data released on Wednesday by the Commerce Department. Read More
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German inflation falls by more than expected
Wednesday 29 Nov 2023
(Sharecast News) - German inflation eased in November to the lowest level for more than two years, official data showed on Wednesday. Read More
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UK economy to grow at sluggish pace - OECD
Wednesday 29 Nov 2023
(Sharecast News) - The UK economy will grow this year and the next, a leading global organisation forecast on Wednesday, but only at a sluggish pace. Read More
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Sentiment slides across UK service sector - CBI
Wednesday 29 Nov 2023
(Sharecast News) - Sentiment across the UK service sector softened in November, a closely-watched survey showed on Wednesday, as both volumes and profits fell. Read More
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LME wins lawsuit over cancellation of nickel trades
Wednesday 29 Nov 2023
(Sharecast News) - London's High Court has ruled in favour of the London Metal Exchange (LME) in a lawsuit over its decision to cancel billions of dollars of nickel trades. Read More
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Eurozone economic sentiment ticks higher
Wednesday 29 Nov 2023
(Sharecast News) - Economic sentiment in the eurozone ticked a little higher in November, according to a survey released on Wednesday. Read More
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Mortgage approvals jump in October - Bank of England
Wednesday 29 Nov 2023
(Sharecast News) - Mortgage approvals sparked last month, official data showed on Wednesday, despite borrowing costs continuing to push higher. Read More
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Food companies pushing up prices by more than costs - CMA
Wednesday 29 Nov 2023
(Sharecast News) - The competition watchdog has accused food companies of pushing up prices by more than costs, adding to inflation. Read More
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