Economic News
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UK consumer confidence creeps higher
Friday 21 Oct 2022
(Sharecast News) - UK consumer confidence edged higher in October, a closely-watched survey showed on Friday, although it remains at historic lows. Read More
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Philly Fed index ticks up but remains negative
Thursday 20 Oct 2022
(Sharecast News) - Manufacturing production in the Philadelphia region deteriorated more than expected in October, according to a survey released on Thursday. Read More
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BoE's Broadbent questions financial markets' expectations for rate hikes
Thursday 20 Oct 2022
(Sharecast News) - A top Bank of England official called into doubt financial markets' expectations for interest rate hikes. Read More
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Truss vows to keep triple-lock on state pension increases
Wednesday 19 Oct 2022
(Sharecast News) - Beleaguered UK Prime Minister Liz Truss on Wednesday pledged to keep the so-called "triple lock" guarantee on state pension increases, as she tried to re-establish her authority day... Read More
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Hunt mulling windfall tax for banks - report
Wednesday 19 Oct 2022
(Sharecast News) - New chancellor Jeremy Hunt is considering upping the amount of tax paid by banks as he looks to plug funding gaps, it was reported on Wednesday. Read More
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UK house price growth eases in September - ONS
Wednesday 19 Oct 2022
(Sharecast News) - UK house price growth eased in the year to September, according to figures released on Wednesday by the Office for National Statistics. Read More
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UK inflation hits 40-year high of 10.1%
Wednesday 19 Oct 2022
(Sharecast News) - Soaring food prices helped push up inflation in September, official data showed on Wednesday, to a record 10.1%. Read More
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Reports of delay to bond sale 'inaccurate' - BoE
Tuesday 18 Oct 2022
(Sharecast News) - The Bank of England appeared to deny reports on Tuesday that it wanted to delay selling billions of pounds of government bonds. Read More
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Germany economic sentiment worsens - ZEW
Tuesday 18 Oct 2022
(Sharecast News) - German economic sentiment worsened significantly in October, a closely-watched survey showed on Tuesday. Read More
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UK's Hunt to make emergency fiscal statement as Truss hangs by a thread
Monday 17 Oct 2022
(Sharecast News) - Newly-installed UK Finance Minister Jeremy Hunt will deliver parts of his fiscal plan later today, two weeks ahead of schedule, Treasury officials said on Monday. Read More
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NY manufacturing activity contracts again in October
Monday 17 Oct 2022
(Sharecast News) - Manufacturing activity in the New York area contracted in October for the third month in a row, according to a survey released on Monday. Read More
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Fund faced collapse if yields had ticked higher - report
Monday 17 Oct 2022
(Sharecast News) - A fund faced collapse if gilt yields had risen significantly as trading got underway this week, it was reported on Monday. Read More
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Energy firms rally as Hunt scales back support package
Monday 17 Oct 2022
(Sharecast News) - Energy firms rallied on Monday as chancellor Jeremy Hunt announced in his emergency statement that energy support in the form of a freeze on bills will be reviewed in April. Read More
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PBoC rolls over medium-term facility, leaves rate unchanged
Monday 17 Oct 2022
(Sharecast News) - China's central bank sated market expectations on interest rates on Monday, standing pat on the medium-term lending facility at 2.75%. Read More
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Retail footfall ticks up but consumers increasingly cautious - Springboard
Monday 17 Oct 2022
(Sharecast News) - Footfall across UK retail destinations ticked higher last week but consumers are increasingly cautious, according to retail experts Springboard. Read More
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Demand for homes softens as mortgage rates rise - Rightmove
Monday 17 Oct 2022
(Sharecast News) - Buyer demand softened over the last fortnight, a closely-watched survey of the UK housing market showed on Monday, as the spike in mortgage rates weighed heavily. Read More
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Demand for homes softens as mortgage rates rise - Rightmove
Monday 17 Oct 2022
(Sharecast News) - Buyer demand softened over the last fortnight, a closely-watched survey of the UK housing market showed on Monday, as the spike in mortgage rates weighed heavily. Read More
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Chancellor warns UK faces tough choices on spending and taxation
Saturday 15 Oct 2022
(Sharecast News) - The new Chancellor has warned that the country faces difficult choices when it comes to tax and spending policies. Read More
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Motorola making excessive profits from UK emergency network - CMA
Friday 14 Oct 2022
(Sharecast News) - The competition watchdog announced a proposal on Friday, to restrict how much Motorola can charge for the emergency services to use the Airwave network. Read More
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US consumer sentiment improves in October
Friday 14 Oct 2022
(Sharecast News) - US consumer sentiment improved a little more than expected in October, according to a preliminary reading from the University of Michigan. Read More
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