Economic News
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UK MPs recalled to debate seizure of British Steel
Friday 11 Apr 2025
(Sharecast News) - UK lawmakers will hold a rare emergency parliamentary session on Saturday to take control of British Steel and stop its Chinese owner closing the Scunthorpe plant in a move that cou... Read More
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Europe midday: Stoxx treads water as China retaliates in trade war
Friday 11 Apr 2025
(Sharecast News) - European shares gave up early gains as China lifted tariffs on US imports to 125% at the end of a turbulent week, driven by President Donald Trump's erratic trade policies. Read More
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UK economy grows more than expected in February
Friday 11 Apr 2025
(Sharecast News) - The UK economy grew more than expected in February, according to figures released on Friday by the Office for National Statistics. Read More
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UK retail footfall slides in March - BRC
Friday 11 Apr 2025
(Sharecast News) - UK retail footfall tumbled in March, industry data showed on Friday, after the late timing of Easter weighed heavily on the high street. Read More
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Nikhil Rathi reappointed as chief executive of FCA
Thursday 10 Apr 2025
(Sharecast News) - The Chancellor said on Thursday that Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority for a second term. Read More
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UK house market slows in March - Rics
Thursday 10 Apr 2025
(Sharecast News) - Activity across the UK housing market slowed last month, an industry survey showed on Thursday, as price growth flattened out and new buyer demand slowed. Read More
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China retaliates with 84% tariffs in latest trade war escalation
Wednesday 09 Apr 2025
(Sharecast News) - China on Wednesday announced new tariffs of 84% on the US in the latest trade war tit-for-tat retaliation between the world's two biggest economy. Read More
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Trade war has heightened risks to financial stability, says Bank of England
Wednesday 09 Apr 2025
(Sharecast News) - Risks to global financial stability have increased because of the escalating trade war ignited by the US, according to the Bank of England on Wednesday. Read More
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Trump's tariff regime takes effect, sending markets tumbling
Wednesday 09 Apr 2025
(Sharecast News) - Donald Trump's sweeping tariff regime came into force on Wednesday, including a swingeing 104% on China, unnerving markets and pushing the world to the brink of an all-out trade war... Read More
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Investors sell off US Treasuries
Wednesday 09 Apr 2025
(Sharecast News) - The sell-off in safe-haven US Treasuries extended on Wednesday, as global markets reacted to Donald Trump's tariff regime coming into effect. Read More
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Global slowdown could drive oil prices below $40 - Goldman Sachs
Tuesday 08 Apr 2025
(Sharecast News) - Oil prices could tumble to less than $40 a barrel, Goldman Sachs warned on Tuesday, on the back of a slowing global economy and output hikes. Read More
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UK 'relatively well placed' to weather tariff shock, says Berenberg
Tuesday 08 Apr 2025
(Sharecast News) - Berenberg said on Tuesday that the UK was "relatively well placed to weather the tariff shock". Read More
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Jackie Callaway named as new finance boss of Howdens
Tuesday 08 Apr 2025
(Sharecast News) - The chief financial officer of Howden Joinery Group is to step down, the blue chip kitchen supplier said on Tuesday, to be replaced by Coats Group's Jackie Callaway. Read More
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UK house prices fall again in March - Halifax
Monday 07 Apr 2025
(Sharecast News) - UK house prices fell again in March as demand returned to normal after a rush to beat the stamp duty change, according to figures released on Monday by Halifax. Read More
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Oil prices slump to fresh lows on tariffs, output hike
Friday 04 Apr 2025
(Sharecast News) - Oil prices continued to tumble on Friday, hit hard by Donald Trump's swingeing tariff regime and a surprise output hike from Opec. Read More
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China announces 34pc retaliatory tariff on US imports
Friday 04 Apr 2025
(Sharecast News) - China announced a 34% tariff on all US imports on Friday, matching new duties imposed by US president Donald Trump earlier this week and sharply escalating trade tensions between th... Read More
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UK construction sector continues to struggle - PMI
Friday 04 Apr 2025
(Sharecast News) - The UK's construction sector faltered in March, a closely-watched survey showed on Friday, as higher costs and a drop in new orders prompted companies to cut jobs. Read More
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Trump tariff regime poses 'significant risk' to global economy - IMF
Friday 04 Apr 2025
(Sharecast News) - The International Monetary Fund has warned that Donald Trump's sweeping tariff regime poses a "significant" risk to the global outlook. Read More
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German factory orders stall, missing forecasts
Friday 04 Apr 2025
(Sharecast News) - German factory orders unexpectedly stalled in February, official research showed on Friday. Read More
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UK to probe possible retaliatory response to US tariffs
Thursday 03 Apr 2025
(Sharecast News) - The British government has not ruled out retaliatory action against the US, it confirmed on Thursday, after Donald Trump imposed sweeping tariffs worldwide, including on the UK. Read More
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