Economic News
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European Commission cuts economic growth expectations
Monday 11 Sep 2023
(Sharecast News) - The European Commission unveiled its summer 2023 economic forecast on Monday, cutting its expectations for growth across the eurozone and the wider 27-member European Union. Read More
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Passenger numbers rise as Heathrow recovers from last summer's chaos
Monday 11 Sep 2023
(Sharecast News) - Heathrow Airport reported strong growth in August's passenger numbers on Monday, as well as heightened passenger satisfaction, making for a stark contrast to the travel chaos of sum... Read More
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UK employers put brakes on hiring - survey
Friday 08 Sep 2023
(Sharecast News) - Recruitment eased in the UK last month, a survey showed on Friday, with the number of workers hired through agencies falling at the steepest rate for more than three years. Read More
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Competition regulator mostly backs lower airline price caps at Heathrow
Friday 08 Sep 2023
(Sharecast News) - The UK competition regulator has said that the Civil Aviation Authority (CAA) made some errors in determining the lower price cap that Heathrow should charge airlines, but said that... Read More
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Eurozone recession fears rise as Q2 GDP revised down to 0.1%
Thursday 07 Sep 2023
(Sharecast News) - The Eurozone economy barely grew in the second quarter, while job creation eased, in fresh signs that the single-currency bloc will slip into recession later this year. Read More
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UK house prices fall 4.6% in August amid rising mortgage costs - Halifax
Thursday 07 Sep 2023
(Sharecast News) - Annual UK house prices suffered their worst fall in August since 2009 amid rising mortgage costs, according to data released by Halifax on Thursday. Read More
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German industrial production falls again in July as struggles continue
Thursday 07 Sep 2023
(Sharecast News) - German industrial production fell again in July as manufacturing in Europe's largest economy continued its struggles to recover from high inflation and costs. Read More
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ABI warns UK govt to use 'extreme caution' on pension changes
Wednesday 06 Sep 2023
(Sharecast News) - Any changes to pension arrangements under government plans to stimulate the economy with workers' cash should be done with "extreme caution", the Association of British Insurers (AB... Read More
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Eurozone retail sales slip in July
Wednesday 06 Sep 2023
(Sharecast News) - Retail sales across the Eurozone fell by more than expected in July, official data showed on Wednesday. Read More
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Eurozone construction activity contracts again in August
Wednesday 06 Sep 2023
(Sharecast News) - Eurozone construction activity contracted again in August, according to a survey released on Wednesday. Read More
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UK construction growth slows as housebuilding drops
Wednesday 06 Sep 2023
(Sharecast News) - UK construction activity rose only marginally in August, as growth slowed from the previous month, with housebuilding struggling and new orders dropping at their fastest rate in ove... Read More
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German factory orders tumble in July
Wednesday 06 Sep 2023
(Sharecast News) - German factory orders tumbled in July, according to figures released on Wednesday by Destatis. Read More
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Ofcom to review Royal Mail's universal service obligations
Tuesday 05 Sep 2023
(Sharecast News) - UK communications regulator Ofcom announced plans to review the nation's universal postal service on Tuesday, as a result of the changing needs and habits of postal users. Read More
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New car registrations enter second year of post-Covid expansion
Tuesday 05 Sep 2023
(Sharecast News) - The UK's new car market saw robust growth of 24.4% in August, as 85,657 new vehicles were registered, according to fresh data from the Society of Motor Manufacturers and Traders (SM... Read More
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UK services sector shrinks in August
Tuesday 05 Sep 2023
(Sharecast News) - Business activity in the UK services sector fell in August for the first time since January amid higher interest rates, according to a survey released on Tuesday. Read More
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Australia holds interest rates steady for third month in a row
Tuesday 05 Sep 2023
(Sharecast News) - Australia's central bank held rates steady for the third consecutive month as signs that inflationary pressures were easing continued. Read More
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UK retail sales growth jumps in August, BRC says
Tuesday 05 Sep 2023
(Sharecast News) - UK retail sales growth jumped in August, as an improvement in consumer confidence drove spend of health and beauty products, and food and drink. Read More
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Eurozone investor sentiment slides back in September
Monday 04 Sep 2023
(Sharecast News) - A rise in eurozone investor sentiment in August was being painted as merely a blip on Monday, after the Sentix index slid further than expected in September. Read More
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Payrolls rise more than expected, unemployment rate jumps
Friday 01 Sep 2023
(Sharecast News) - The US economy added more jobs than forecast in August but an unexpected jump in the unemployment rate, cooling wages and revisions to the previous months' data raised expectations ... Read More
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UK manufacturing downturn deepens as PMI hits 39-month low
Friday 01 Sep 2023
(Sharecast News) - The contraction in UK manufacturing activity reached its worst level in more than three years in August with demand hit by weaker domestic and export conditions. Read More
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