Economic News
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Goldman Sachs cuts China growth forecasts
Monday 19 Jun 2023
(Sharecast News) - Goldman Sachs has cut its growth forecasts for China, arguing that after a strong start in the first quarter, the country's post-reopening recovery "appears to have fizzled out in Q... Read More
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House prices edge lower - Rightmove
Monday 19 Jun 2023
(Sharecast News) - House prices edged lower in June, an industry survey showed on Monday, the first monthly drop so far this year. Read More
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UK retail sales spark in warm weather
Friday 16 Jun 2023
(Sharecast News) - UK retail sales strengthened last week, industry data showed on Friday, as the warm weather helped boost demand for clothing. Read More
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Bank of Japan leaves rates unchanged
Friday 16 Jun 2023
(Sharecast News) - The Bank of Japan maintained its loose monetary policy on Friday and left interest rates unchanged, in line with expectations. Read More
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E.ON Next fined £5m for customer service failings
Wednesday 14 Jun 2023
(Sharecast News) - E.ON Next Energy has been fined £5m by the UK industry regulator for "severe weakness" in customer service, it was announced on Wednesday. Read More
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UK economy returns to growth in April
Wednesday 14 Jun 2023
(Sharecast News) - The UK economy returned to growth in April thanks to a rebound in the services sector, according to figures released on Wednesday by the Office for National Statistics. Read More
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German business sentiment improves in June - ZEW
Tuesday 13 Jun 2023
(Sharecast News) - German business sentiment improved in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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German business sentiment improves in June - ZEW
Tuesday 13 Jun 2023
(Sharecast News) - German business sentiment improved in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Strong wage growth pushes gilt yields above mini Budget levels
Tuesday 13 Jun 2023
(Sharecast News) - Gilt yields spiked on Tuesday, as strong wage growth data pointed to further interest rate hikes. Read More
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German inflation slows as energy prices cool
Tuesday 13 Jun 2023
(Sharecast News) - German inflation continued to slow in May, official data showed on Tuesday, in line with expectations. Read More
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UK wage growth strengthens
Tuesday 13 Jun 2023
(Sharecast News) - The UK unemployment rate was a touch lower than expected in three months to April, while wage growth strengthened, according to figures released on Tuesday by the Office for Nationa... Read More
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Ashtead hails record full year amid 'robust' end markets
Tuesday 13 Jun 2023
(Sharecast News) - Equipment rental firm Ashtead hailed a record full-year performance on Tuesday amid "robust" end markets and a strong performance across all geographies. Read More
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Further rates rises 'cannot be ruled out' - Haskel
Monday 12 Jun 2023
(Sharecast News) - Further increases to the cost of borrowing "cannot be ruled out", a member of the Bank of England's rate setting committee warned on Monday. Read More
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KPMG boosts UK growth forecasts but risks remain
Monday 12 Jun 2023
(Sharecast News) - The UK will narrowly avoid recession, a report predicted on Monday, but growth will be weak with risks still heavily skewered to the downside. Read More
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UK to avoid recession - CBI
Monday 12 Jun 2023
(Sharecast News) - The UK will avoid recession, the Confederation of British Industry forecast on Monday, boosted by an improving global outlook and falling wholesale energy prices. Read More
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Heathrow reports sizeable bump in May passenger numbers
Monday 12 Jun 2023
(Sharecast News) - London's Heathrow Airport reported a significant boost in passenger traffic and transatlantic flights during the month of May on Monday. Read More
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Which formally complains about 'misleading' Tesco promotional pricing
Friday 09 Jun 2023
(Sharecast News) - Consumer campaign group Which raised concerns over Tesco's pricing practices on Friday, suggesting that the lack of clear pricing on the majority of its food and drink promotions co... Read More
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Eurozone tips into recession
Thursday 08 Jun 2023
(Sharecast News) - The Eurozone has tipped into recession, official data showed on Thursday, after a series of downward revisions. Read More
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Higher interest rates weigh on UK housing market - RICS
Thursday 08 Jun 2023
(Sharecast News) - The UK housing market saw a modest recovery in May, a closely-watched survey showed on Thursday, although rising interest rates and stubborn inflation continued to weigh heavily. Read More
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Watchdog announces new requirements to tackle APP fraud
Wednesday 07 Jun 2023
(Sharecast News) - The UK watchdog for payment systems unveiled new obligations for lenders and payments outfits with a view to helping more victims of Authorised Push Payment fraud to recover their f... Read More
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