Economic News
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China's retail sales beat forecasts
Wednesday 15 Nov 2023
(Sharecast News) - China's faltering economy looked to have strengthened last month, after official data published on Wednesday showed larger-than-expected improvements in both retail sales and factor... Read More
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UK inflation eases to two-year low of 4.6%
Wednesday 15 Nov 2023
(Sharecast News) - UK inflation fell to a two-year low in October as energy prices eased after the energy price cap was cut, according to figures released on Wednesday by the Office for National Stati... Read More
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Thames Water returning £73.8m to customers under Ofwat determinations
Tuesday 14 Nov 2023
(Sharecast News) - UK water regulator Ofwat announced the financial penalties and payments for all water companies for 2022-2023 on Tuesday, with Thames Water set to return the most money to customers... Read More
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German investor sentiment improves in November - ZEW
Tuesday 14 Nov 2023
(Sharecast News) - German investor sentiment improved more than expected in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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UK wage growth eases but outstrips inflation
Tuesday 14 Nov 2023
(Sharecast News) - UK wage growth eased in the three months to September, but earnings growth outstripped inflation, while the unemployment rate was unchanged, according to figures released on Tuesday... Read More
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Heathrow passenger numbers jump 18% in October
Monday 13 Nov 2023
(Sharecast News) - The number of passengers passing through London Heathrow was up 18% year-on-year in October, the airport announced on Monday. Read More
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House prices fall in November - Rightmove
Monday 13 Nov 2023
(Sharecast News) - UK house prices fell sharply in November, industry data showed on Monday, as sellers trimmed expectations to secure sales. Read More
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High street sales push higher - BDO
Friday 10 Nov 2023
(Sharecast News) - UK retail sales pushed higher last week, industry data showed on Friday, as people stocked up for Halloween and Bonfire Night. Read More
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UK economy stagnates in third quarter
Friday 10 Nov 2023
(Sharecast News) - The UK economy stagnated in the third quarter, according to figures released on Friday by the Office for National Statistics. Read More
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UK mortgage arrears jump in Q3 as higher rates bite
Thursday 09 Nov 2023
(Sharecast News) - The number of mortgages in arrears increased in the third quarter of 2023, with buy-to-let (BTL) mortgage holders suffering the worst, according to figures out Thursday by UK Financ... Read More
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BoE chief economist Pill backs 'restrictive' monetary policy
Thursday 09 Nov 2023
(Sharecast News) - The Bank of England's chief economist backed keeping interest rates at their current record levels on Thursday, as the central bank continued to prioritise tackling inflation. Read More
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House price decline showing tentative signs of stabilising - RICS
Thursday 09 Nov 2023
(Sharecast News) - UK house prices remained under pressure in October, a closely-watched survey showed on Thursday, although the pace of decline appeared to be steadying. Read More
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China falls back into deflation as pork prices tumble
Thursday 09 Nov 2023
(Sharecast News) - China fell back into deflationary territory in October as pork prices slid, according to data released on Thursday by the National Bureau of Statistics. Read More
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Weakness persists across most European sectors in October
Tuesday 07 Nov 2023
(Sharecast News) - General demand weakness persisted across European sectors in October, with the latest S&P Global Europe sector purchasing managers' index (PMI) data indicating sluggish growth. Read More
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China's exports slide as imports unexpectedly jump
Tuesday 07 Nov 2023
(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside. Read More
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Reserve Bank of Australia ups interest rates
Tuesday 07 Nov 2023
(Sharecast News) - Australia's central bank lifted interest rates to a 12-year high on Tuesday, in response to persistent inflation. Read More
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UK house prices rise in October for first time since March - Halifax
Tuesday 07 Nov 2023
(Sharecast News) - UK house prices rose in October amid constrained supply, after six consecutive monthly falls, but demand remains weak overall, according to data released by Halifax on Tuesday. Read More
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UK retail sales growth slows as shoppers delay Christmas spend
Tuesday 07 Nov 2023
(Sharecast News) - UK retail sales growth slowed to an annual rate of 2.5% in October, according to figures released Tuesday by the British Retail Consortium and KPMG, as milder weather and deal-hunti... Read More
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British Steel confirms plans that could lead to 2,000 job losses
Monday 06 Nov 2023
(Sharecast News) - British Steel confirmed plans that unions warn could lead to the loss of 2,000 jobs in Scunthorpe on Monday afternoon. Read More
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Korean markets surge on reinstatement of short-selling ban
Monday 06 Nov 2023
(Sharecast News) - South Korean stocks surged on Monday in response to a reinstated ban on short-selling from financial authorities. Read More
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