Economic News
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Escalating Middle East conflict could hurt global economy - IMF
Monday 23 Jun 2025
(Sharecast News) - The head of the International Monetary Fund warned on Monday that mounting geopolitical tensions in the Middle East could hurt economic growth worldwide. Read More
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UK consumer sentiment falls as appetite for debt grows - survey
Monday 23 Jun 2025
(Sharecast News) - UK consumer sentiment hit a two-month low in June amid worries about inflation eroding purchasing power and an increasing appetite for debt by households, according to a survey publ... Read More
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UK economy picks up in June - PMI
Monday 23 Jun 2025
(Sharecast News) - The UK economy picked up in June, provisional data showed on Monday, as both the service and manufacturing sectors strengthened. Read More
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Formal Amazon probe launched over alleged Groceries Code breaches
Friday 20 Jun 2025
(Sharecast News) - The UK's Groceries Code Adjudicator (GCA) opened a formal investigation into Amazon on Friday, over concerns that the retail giant may have breached rules requiring timely payments ... Read More
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UK government borrowing reaches £17.7bn
Friday 20 Jun 2025
(Sharecast News) - Public sector borrowing rose to £17.7bn in May, official data showed on Friday, despite a jump in tax receipts. Read More
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'Dismal' month for supermarkets pushes UK retail sales down 2.7% in May
Friday 20 Jun 2025
(Sharecast News) - UK retail sales fell more than expected in May in what turned out to be a "dismal" month for supermarkets, according to figures released on Friday by the Office for National Statist... Read More
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Consumer confidence edges higher in June - GfK
Friday 20 Jun 2025
(Sharecast News) - British consumer confidence ticked higher in June, a long-running survey showed on Friday, as hopes grew for the economic outlook. Read More
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Bank of England leaves cost of borrowing on hold
Thursday 19 Jun 2025
(Sharecast News) - The Bank of England kept interest rates on hold on Thursday, as widely predicted. Read More
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Swiss central bank cuts rate to 0.0%
Thursday 19 Jun 2025
(Sharecast News) - The Swiss National Bank cut interest rates to zero on Thursday, as it moved to tackle disinflation. Read More
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House price growth slows as stamp duty changes kick in - ONS
Wednesday 18 Jun 2025
(Sharecast News) - House price growth slowed dramatically in April, official data showed on Wednesday, after the changes to stamp duty thresholds came into effect. Read More
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UK inflation eases to 3.4% in May
Wednesday 18 Jun 2025
(Sharecast News) - UK inflation eased as expected in May but food prices rose at the fastest pace in more than a year, according to figures released on Wednesday by the Office for National Statistics. Read More
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UK economy to slow as trade war and higher costs bite - CBI
Wednesday 18 Jun 2025
(Sharecast News) - UK economic growth is set to slow this year, a leading business group warned on Wednesday, weighed down by higher costs and the fallout from Donald Trump's global trade war. Read More
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UK and US sign key trade deal
Tuesday 17 Jun 2025
(Sharecast News) - The UK has formally signed a crucial trade deal with the US, just over two months after Donald Trump unveiled his swingeing global tariff regime. Read More
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Oil supply set to outstrip demand growth, IEA says
Tuesday 17 Jun 2025
(Sharecast News) - Global oil supply is expected to grow significantly faster than demand through the end of the decade, according to the International Energy Agency's latest medium-term outlook, Oil ... Read More
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Iran signals willing to ease tensions with Israel - report
Monday 16 Jun 2025
(Sharecast News) - Iran has signalled a desire to ease tensions with Israel and resume nuclear negotiations, provided the United States stays out of the escalating conflict, according to an exclusive ... Read More
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UK house prices dip in June - Rightmove
Monday 16 Jun 2025
(Sharecast News) - UK house prices eased in June, a closely-watched survey showed on Monday, following stronger-than-expected growth in April and May. Read More
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Oil, gold prices surge after Israel attacks Iran
Friday 13 Jun 2025
(Sharecast News) - Oil prices continued to surge on Friday, alongside a rush for safe-haven assets, after Israel launched a series of air strikes against Iran. Read More
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Industrial production slumps across Eurozone
Friday 13 Jun 2025
(Sharecast News) - Industrial production across the Eurozone slumped in April, official figures showed on Friday, missing expectations for a more modest decline. Read More
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Retail footfall drops across the UK in May
Friday 13 Jun 2025
(Sharecast News) - Retail footfall across the UK declined in May, fresh industry data revealed on Friday, marking a slowdown in consumer activity as the summer season started. Read More
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UK economy shrinks 0.3% in April
Thursday 12 Jun 2025
(Sharecast News) - The UK economy contracted more than expected in April as higher taxes and Trump's tariffs took their toll, according to figures released on Thursday by the Office for National Stati... Read More
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