Economic News
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Ofgem secures £7m compensation package for energy customers
Friday 09 May 2025
(Sharecast News) - Ofgem said on Friday that ten energy suppliers have paid more than 34,000 customers a total of £7.0m in compensation and refunds after overcharging some customers in error. Read More
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Trump says 80% tariff on China 'seems right' ahead of Geneva talks
Friday 09 May 2025
(Sharecast News) - US President Donald Trump suggested on Friday that US tariffs on Chinese goods should be cut from 145% to 80%. Read More
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'Challenging and unpredictable' conditions to persist - BoE's Bailey
Friday 09 May 2025
(Sharecast News) - The governor of the Bank of England warned on Friday that the current challenging and unpredictable global economic environment was set to continue. Read More
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Sunshine and Easter boost UK retail sector - BRC
Friday 09 May 2025
(Sharecast News) - Warmer weather and the late timing of Easter helped boost retail footfall across the UK last month, industry data showed on Friday. Read More
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Bank of England cuts interest rates to 4.25%
Thursday 08 May 2025
(Sharecast News) - The Bank of England lowered interest rates to 4.25% on Thursday, as widely expected, its second cut so far this year. Read More
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US and UK secure crucial trade deal - Donald Trump
Thursday 08 May 2025
(Sharecast News) - The US has signed a "full and comprehensive" trade deal with the UK, Donald Trump insisted on Thursday, just weeks after unveiling his sweeping global tariff regime. Read More
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Norges Bank holds interest rates at 4.5%
Thursday 08 May 2025
(Sharecast News) - Norway's central bank left interest rates on hold on Thursday at a 17-year high of 4.5%, as expected. Read More
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UK house prices rise for first time since January - Halifax
Thursday 08 May 2025
(Sharecast News) - UK house prices rose in April for the first time since January, according to data released by Halifax on Thursday. Read More
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UK housing market under pressure amid mounting uncertainty - Rics
Thursday 08 May 2025
(Sharecast News) - The UK housing market came under pressure in April, an industry survey showed on Thursday, hit by changes to the stamp duty regime and mounting economic uncertainty. Read More
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UK construction sector remains under pressure - PMI
Wednesday 07 May 2025
(Sharecast News) - The UK's construction sector continued to struggle in April, a closely-watched survey showed on Wednesday, although the decline was not as sharp as feared. Read More
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Eurozone construction sees modest uptick but outlook remains 'bleak'
Wednesday 07 May 2025
(Sharecast News) - The Eurozone's hard-pressed construction sector showed modest signs of improvement in April, a closely-watched survey showed on Wednesday. Read More
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UK consumer credit grows by less than expected in March
Thursday 01 May 2025
(Sharecast News) - UK lending to individuals picked up in March, but some economists saw signs of caution on the part of consumers in the latest data, even before the recent announcement of US trade t... Read More
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Warm weather and late Easter boost grocery sales - NIQ
Wednesday 30 Apr 2025
(Sharecast News) - Supermarket sales jumped in April, industry data showed on Wednesday, as the late Easter and sunny weather supercharged demand. Read More
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UK house price growth softens in April - Nationwide
Wednesday 30 Apr 2025
(Sharecast News) - House prices fell by more-than-expected in April, a closely-watched industry survey showed on Wednesday, following changes to the stamp duty regime. Read More
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Eurozone economic sentiment deteriorates in April
Tuesday 29 Apr 2025
(Sharecast News) - Eurozone economic sentiment deteriorated in April, according to a survey released on Tuesday by the European Commission. Read More
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Easter boosts grocers sales as price inflation ticks higher
Tuesday 29 Apr 2025
(Sharecast News) - Supermarket sales jumped in April, industry data showed on Tuesday, as shoppers shrugged off rising food inflation to stock up for Easter. Read More
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Days of shop price deflation 'numbered' as food prices pick up, says BRC
Tuesday 29 Apr 2025
(Sharecast News) - Overall shop prices in the UK fell in April compared with last year, though the rate of the decline eased as food inflation picked up on the back of rising labour costs. Read More
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UK retail sales volumes fall again as outlook remains grim
Monday 28 Apr 2025
(Sharecast News) - Fewer UK retailers reported falling sales in April, according to a survey from the Confederation of British Industries, though top-line pressure is expected to ramp up in the coming... Read More
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EY Item Club slashes UK growth forecasts
Monday 28 Apr 2025
(Sharecast News) - The EY Item Club downgraded its UK economic growth expectations for this year and the next on Monday, citing trade disruption and "persistent" inflation. Read More
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Warm weather helps lift UK retail sales
Friday 25 Apr 2025
(Sharecast News) - UK retail sales rose by more-than-expected in March, official data showed on Friday, fuelled by the sunny weather. Read More
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