Economic News
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High street sales fall back - BDO
Friday 20 Oct 2023
(Sharecast News) - UK high street sales fell sharply last week, research showed on Friday, as pressure continued to mount on the retail sector. Read More
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Gold and oil prices jump on geopolitical unrest
Friday 20 Oct 2023
(Sharecast News) - Commodity prices continued to rise on Friday, as tensions escalated across the Middle East. Read More
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China leaves benchmark rates unchanged
Friday 20 Oct 2023
(Sharecast News) - China's central bank left the cost of borrowing unchanged on Friday, as the country's economy showed signs of stabilising. Read More
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UK public borrowing unexpectedly shrinks in September
Friday 20 Oct 2023
(Sharecast News) - UK government borrowing unexpectedly fell last month, but still managed to record the sixth-highest level since records began. Read More
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German producer prices suffer worst year-on-year drop on record
Friday 20 Oct 2023
(Sharecast News) - German producer prices suffered their worst year-on-year fall in September since records began in 1949, according to figures released by Destatis on Friday. Read More
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Retail sales drop more than expected in September
Friday 20 Oct 2023
(Sharecast News) - UK retail sales fell much more than expected in September as unseasonably warm weather dented clothing sales, according to figures released on Friday by the Office for National Stat... Read More
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UK consumer confidence tumbles - GfK
Friday 20 Oct 2023
(Sharecast News) - Consumer confidence fell sharply in October, a closely-watched survey showed on Friday, as growing economic uncertainty weighed heavily. Read More
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UK consumer confidence tumbles - GfK
Friday 20 Oct 2023
(Sharecast News) - Consumer confidence fell sharply in October, a closely-watched survey showed on Friday, as growing economic uncertainty weighed heavily. Read More
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LSE Group investigating system incident
Thursday 19 Oct 2023
(Sharecast News) - The London Stock Exchange Group said on Thursday afternoon that it has restricted trading while it investigates a system incident. Read More
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UK houses prices largely unchanged in August - ONS
Wednesday 18 Oct 2023
(Sharecast News) - House prices were largely unchanged in August, official data showed on Wednesday, as higher mortgage rates continued to dampen demand. Read More
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China GDP growth beats expectations
Wednesday 18 Oct 2023
(Sharecast News) - China's economy grew by nearly 5% in the third quarter, official data showed on Wednesday, beating market expectations. Read More
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UK inflation remains at 6.7% in September
Wednesday 18 Oct 2023
(Sharecast News) - UK inflation remained unchanged in September after three consecutive months of declines, according to figures released on Wednesday by the Office for National Statistics. Read More
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German investor sentiment picks up more than expected in October
Tuesday 17 Oct 2023
(Sharecast News) - German investor sentiment improved more than expected in October, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Competition regulators order CAA to review Heathrow price cap
Tuesday 17 Oct 2023
(Sharecast News) - UK competition regulators have ordered the Civil Aviation Authority (CAA) to amend the pricing cap it placed on what Heathrow Airport can charge airlines. Read More
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UK wage growth eases a touch
Tuesday 17 Oct 2023
(Sharecast News) - Growth in basic wages eased a little in August, according to figures released on Tuesday by the Office for National Statistics. Read More
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BoE's job of containing inflation not yet done, says chief economist
Monday 16 Oct 2023
(Sharecast News) - The Bank of England has "some work to do" to get inflation back down to the 2% target, according to the central bank's chief economist on Monday. Read More
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EY sees "reasons for optimism" as it upgrades UK GDP forecast for 2023
Monday 16 Oct 2023
(Sharecast News) - High interest rates will have an inevitable impact on UK GDP, but the economy should still be able to avoid a recession - that's according to experts at consultancy giant EY. Read More
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Jim Ratcliffe to buy 25% of Man Utd after Qatari group withdraws offer
Monday 16 Oct 2023
(Sharecast News) - US-listed shares of Manchester United tanked in pre-market trading on Monday after it emerged that a group of Qatari investors backed out of their offer to snap up the world-famous ... Read More
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UK house prices rise at slowest pace since 2008 - Rightmove
Monday 16 Oct 2023
(Sharecast News) - UK house prices rose in October at the slowest monthly pace for this time of year since the financial crisis of 2008, according to data released on Monday by Rightmove. Read More
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Future interest rate calls will be 'tight' - Bailey
Friday 13 Oct 2023
(Sharecast News) - The governor of the Bank of England warned on Friday that future interest rate decisions would be "tight", despite inflation easing. Read More
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