Economic News
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Government reverses decision to close rail ticket offices
Tuesday 31 Oct 2023
(Sharecast News) - The government has reversed its decision to close most ticket offices at train stations across England, it was revealed on Tuesday, citing a failure to meet the "high threshold of s... Read More
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Bank of Japan tweaks yield policy
Tuesday 31 Oct 2023
(Sharecast News) - The Bank of Japan announced a tweak to its yield curve control on Tuesday, saying it would allow yields on the 10-year government bond to rise above 1%. Read More
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FCA sees 'significant increase' in buy now pay later usage
Tuesday 31 Oct 2023
(Sharecast News) - Industry watchdog the Financial Conduct Authority said on Tuesday that there has been "a significant increase" in the use of buy-now-pay-later options. Read More
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China's manufacturing sector unexpectedly contracts in October
Tuesday 31 Oct 2023
(Sharecast News) - China's manufacturing sector experienced an unexpected contraction in October, according to official data released on Tuesday. Read More
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UK shop price inflation eases to lowest since August 2022
Tuesday 31 Oct 2023
(Sharecast News) - Shop price inflation fell in October to its lowest level since August 2022, according to figures released on Tuesday. Read More
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House prices fall across 80% of the UK - Zoopla
Monday 30 Oct 2023
(Sharecast News) - House prices fell across roughly 80% of the UK so far this year, according to property portal Zoopla, with the rising cost of borrowing and a squeeze on household incomes weighing o... Read More
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UK mortgage approvals fall to lowest level since January
Monday 30 Oct 2023
(Sharecast News) - UK mortgage approvals fell in September to their lowest level since January, dented by rising borrowing costs, according to figures released on Monday by the Bank of England. Read More
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Fed's preferred inflation gauge eases in September
Friday 27 Oct 2023
(Sharecast News) - The US Federal Reserve's preferred inflation gauge eased in September, according to figures released on Friday by the Commerce Department. Read More
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High street sales edge higher after recent falls - BDO
Friday 27 Oct 2023
(Sharecast News) - High street sales rose slightly last week after three straight weeks of declines, as online growth made up for weakness in store. Read More
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ECB leaves interest rates on hold, as expected
Thursday 26 Oct 2023
(Sharecast News) - The European Central Bank left interest rates on hold on Thursday, as widely expected, after 10 consecutive hikes. Read More
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Retail sales slide for sixth consecutive month - CBI
Thursday 26 Oct 2023
(Sharecast News) - Retail sales volumes tumbled in October, industry research showed on Thursday, as higher interest rates and cost of living pressures continued to weigh heavily. Read More
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UK car output up 40% in September, as SMMT calls for delay to Brexit tariffs
Thursday 26 Oct 2023
(Sharecast News) - UK carmakers increased output by nearly 40% in September, but industry leaders have warned of the imminent threat of new Brexit rules that could see the cost of electric vehicles ri... Read More
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FCA warns of common issues with crypto marketing
Wednesday 25 Oct 2023
(Sharecast News) - Financial watchdog the Financial Conduct Authority warned about common issues with crypto marketing on Wednesday after a change in legislation brought cryptoasset promotions under i... Read More
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German business sentiment surprises on the upside
Wednesday 25 Oct 2023
(Sharecast News) - Business sentiment in Germany strengthened in October, a closely-watched survey showed on Wednesday. Read More
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China approves £110bn sovereign bond issue
Wednesday 25 Oct 2023
(Sharecast News) - Beijing has backed a major sovereign bond issue as the authorities look to boost China's faltering economy. Read More
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US business activity picks up a little in October
Tuesday 24 Oct 2023
(Sharecast News) - US business activity picked up a little in October, while inflationary pressures eased, according to a survey out on Tuesday. Read More
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UK regulators set to remove cap on banker bonuses
Tuesday 24 Oct 2023
(Sharecast News) - The Prudential Regulation Authority (PRA) has removed a limit on bonuses in the banking sector after finding that pay and "allowances" have been creeping up over the past decade. Read More
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UK manufacturing orders suffer worst monthly fall since January 2021
Tuesday 24 Oct 2023
(Sharecast News) - UK manufacturers saw the worst monthly fall in orders in October since January 2021, according to a survey released earlier by the Confederation of British Industry. Read More
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UK private sector activity declines again in October
Tuesday 24 Oct 2023
(Sharecast News) - Business activity in the UK services sector fell again in October, according to a survey released on Tuesday. Read More
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UK unemployment rate ticks higher
Tuesday 24 Oct 2023
(Sharecast News) - The UK unemployment rate ticked up to 4.2% in the three months to August from 4.0% in the three months to July, according to figures released on Tuesday by the Office for National S... Read More
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