Personal Finance News
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Kwarteng thrown under the Truss for mini-budget blunders
Friday 14 Oct 2022
(Sharecast News) - UK Prime Minister Liz Truss fired Finance Minister Kwasi Kwarteng on Friday, forcing him to carry the can for her government's disastrous mini-budget. Read More
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Viasat acquisition of Inmarsat heading to full CMA inquiry
Friday 14 Oct 2022
(Sharecast News) - The competition regulator has decided to refer the planned acquisition of Inmarsat by Viasat to a full-scale inquiry, it announced on Friday. Read More
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China inflation pushes higher as pork prices jump
Friday 14 Oct 2022
(Sharecast News) - Inflation pushed higher in China last month, official data showed on Friday, after a sharp increase in food prices. Read More
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Chancellor flies home early for crunch talks
Friday 14 Oct 2022
(Sharecast News) - The chancellor has cut short his visit to the International Monetary Fund in Washington amid growing speculation that the government is preparing to U-turn on its controversial mini... Read More
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US headline and core CPI edge past forecasts in September
Thursday 13 Oct 2022
(Sharecast News) - The cost of living in the US last month edged past forecasts last month at both the headline and so-called core level. Read More
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Markets rally on speculation of more UK mini-budget reversals
Thursday 13 Oct 2022
(Sharecast News) - Sterling and gilts rallied on Thursday, as speculation mounted that elements of the government's controversial mini-budget could be scrapped. Read More
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Opec cuts could push world into recession, IEA warns
Thursday 13 Oct 2022
(Sharecast News) - A decision by Opec to cut oil supplies could tip the global economy into recession, the International Energy Agency warned on Thursday. Read More
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Opec cuts could push world into recession, IEA warns
Thursday 13 Oct 2022
(Sharecast News) - A decision by Opec to cut oil supplies could tip the global economy into recession, the International Energy Agency warned on Thursday. Read More
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House prices set to fall as mortgage costs spike - RICS
Thursday 13 Oct 2022
(Sharecast News) - UK house prices are poised to fall in the coming months, a closely-watched survey showed on Thursday, as soaring borrowing costs weigh on demand. Read More
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German inflation hits record high
Thursday 13 Oct 2022
(Sharecast News) - German inflation has surged to 10%, official data showed on Thursday, the highest rate since the country's reunification. Read More
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Germany slashes growth forecasts as Ukraine invasion continues
Wednesday 12 Oct 2022
(Sharecast News) - Germany slashed its growth forecast for next year on Wednesday, and hiked its inflation expectations, as energy prices continued to head higher on the back of Russia's ongoing invas... Read More
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OPEC cuts oil demand, global growth forecasts
Wednesday 12 Oct 2022
(Sharecast News) - The Organisation of the Petroleum Exporting Countries (OPEC) on Wednesday downgraded sharply its forecasts for global economic growth and crude oil demand. Read More
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'Lessons must be learned' from pensions crisis - Bank of England
Wednesday 12 Oct 2022
(Sharecast News) - The UK economic outlook has deteriorated materially, the Bank of England said on Wednesday, as it insisted "lessons must be learned" from the recent turmoil to engulf bond markets. Read More
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BoE insists bond-buying scheme will end on Friday, yields rise
Wednesday 12 Oct 2022
(Sharecast News) - The Bank of England has quashed reports that its £65bn bond-buying scheme could be extended beyond Friday, sending gilt yields higher. Read More
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Regulator urges pension sector to act as deadline looms
Wednesday 12 Oct 2022
(Sharecast News) - The Pensions Regulator has urged pensions trustees to work closely with investment managers to review liquidity positions ahead of the Bank of England's looming deadline. Read More
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Eurozone industrial production rises more than expected in August
Wednesday 12 Oct 2022
(Sharecast News) - Eurozone industrial production rose more than expected in August, according to figures released on Wednesday by Eurostat. Read More
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Government to impose cap on green power revenues
Wednesday 12 Oct 2022
(Sharecast News) - The UK government has confirmed that renewable energy generators will have their revenues capped in a de-facto windfall tax. Read More
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UK economy unexpectedly shrinks in August
Wednesday 12 Oct 2022
(Sharecast News) - The UK economy unexpectedly contracted in August for the first time in two months, raising the risk of a recession. Read More
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Bank signals readiness to extend bond buying if needed - FT
Wednesday 12 Oct 2022
(Sharecast News) - The Bank of England may extend its backstop programme for the UK government bond market past its 15 October deadline, the Financial Times reported, citing people briefed on the disc... Read More
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Bank of England expands bond-buying programme
Tuesday 11 Oct 2022
(Sharecast News) - The Bank of England expanded its emergency bond-buying programme on Tuesday for the second time this week. Read More
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