Economic News
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British Steel to announce job losses, closure of coking ovens
Wednesday 22 Feb 2023
(Sharecast News) - British Steel was reportedly set to announce the closure of its coking ovens at Scunthorpe. Read More
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German business sentiment improves in February - Ifo
Wednesday 22 Feb 2023
(Sharecast News) - German business sentiment improved again in February, according to a survey released on Wednesday by the Ifo Institute. Read More
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German inflation ticks up as expected in January
Wednesday 22 Feb 2023
(Sharecast News) - German inflation rose as expected in January amid higher energy prices, according to figures released by Destatis on Wednesday. Read More
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UK manufacturing output falls at fastest pace since September 2020
Tuesday 21 Feb 2023
(Sharecast News) - Manufacturing output fell in February at the fastest pace since September 2020, according to a survey released on Tuesday by the Confederation of British Industry. Read More
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UK private sector returns to growth
Tuesday 21 Feb 2023
(Sharecast News) - The UK private sector returned to growth in February, according to a survey released on Tuesday. Read More
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Eurozone business growth hits nine-month high
Tuesday 21 Feb 2023
(Sharecast News) - Business growth in the eurozone hit a nine-month high in February, according to a preliminary reading released on Tuesday. Read More
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UK government runs budget surplus in January
Tuesday 21 Feb 2023
(Sharecast News) - The UK government unexpectedly recorded a budget surplus in January as self-assessment income tax receipts surged, according to data released on Tuesday by the Office for National S... Read More
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China leaves rates unchanged in line with expectations
Monday 20 Feb 2023
(Sharecast News) - The People's Bank of China left its 1-year loan prime rate unchanged for February at 3.65%, the central bank said on Monday. Read More
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Eurozone construction output falls in December
Monday 20 Feb 2023
(Sharecast News) - Eurozone construction output fell in December, mainly due to a sharp slump in Germany, according to data released on Monday by Eurostat. Read More
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Nearly 15,000 retail jobs lost in 'brutal' start to the year
Monday 20 Feb 2023
(Sharecast News) - Nearly 15,000 jobs have been lost in retail so far this year in the UK, according to industry research published on Monday. Read More
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UK house prices steady in February - Rightmove
Monday 20 Feb 2023
(Sharecast News) - UK house prices were flat in February, according to the latest survey from property website Rightmove released on Monday. Read More
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Retail sales unexpectedly rise in January
Friday 17 Feb 2023
(Sharecast News) - UK retail sales unexpectedly rose in January but the outlook remains weak overall, according to figures released on Friday by the Office for National Statistics. Read More
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FTSE 100 breaches 8,000 for first time
Wednesday 15 Feb 2023
(Sharecast News) - London's FTSE 100 breached the 8,000 mark for the first time on Wednesday, thanks in part to a weaker pound. Read More
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UK house price growth eases in December - ONS
Wednesday 15 Feb 2023
(Sharecast News) - Average UK house price growth eased in the year to December 2022, according to figures released on Wednesday by the Official for National Statistics. Read More
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UK inflation eases more than expected in January
Wednesday 15 Feb 2023
(Sharecast News) - UK consumer price inflation eased more than expected in January, according to figures released on Wednesday by the Office for National Statistics. Read More
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FCA raids and inspects suspected illegal crypto ATMs
Tuesday 14 Feb 2023
(Sharecast News) - The Financial Conduct Authority (FCA) announced a crackdown on cryptocurrency vending machines on Monday, reporting that it had entered and inspected a number of sites around Leeds ... Read More
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UK regular pay rises at fastest rate seen outside of pandemic
Tuesday 14 Feb 2023
(Sharecast News) - Regular pay in the UK grew more than expected in the final three months of last year, but real pay kept falling, according to data released on Tuesday by the Office for National Sta... Read More
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UK city-centre retail footfall up after train strikes
Monday 13 Feb 2023
(Sharecast News) - UK city-centre retail footfall rose last week as employees returned to offices following train strikes the week previous, according to a weekly survey. Read More
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EU economy to avoid recession this year, says European Commission
Monday 13 Feb 2023
(Sharecast News) - The European Commission lifted its growth forecasts on Monday as it said the European Union and the eurozone were set to "narrowly avoid" a technical recession this year. Read More
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Rail union to recommend pay offer - report
Friday 10 Feb 2023
(Sharecast News) - Britain is reportedly nearing a breakthrough with a major rail union in an attempt to end persistent train strikes that started last summer. Read More
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