Economic News
-
IMF upgrades UK growth forecast, warns against tax cuts
Tuesday 21 May 2024
(Sharecast News) - The International Monetary Fund (IMF) revised its growth forecast for the UK economy on Tuesday, projecting a "soft landing" with a faster-than-expected recovery following last year... Read More
-
UK grocery price inflation eases to lowest since October 2021 - Kantar
Tuesday 21 May 2024
(Sharecast News) - UK grocery price inflation fell for the fifteenth month in a row in the four weeks to 12 May, to 2.4%, its lowest level since October 2021, according to data released on Tuesday by ... Read More
-
BoE's Broadbent says interest rate cut 'possible' in summer
Monday 20 May 2024
(Sharecast News) - Bank of England deputy governor Ben Broadbent said on Monday that it was "possible" that interest rates could be cut this summer. Read More
-
UK house prices hit record high in May - Rightmove
Monday 20 May 2024
(Sharecast News) - The average UK house price hit a new record of £375,131 in May, driven by pent-up demand and momentum from the Spring selling season, according to data released on Monday by Rightm... Read More
-
Eurozone inflation to fall faster than forecast - EU
Wednesday 15 May 2024
(Sharecast News) - Eurozone inflation is set to fall faster than initially expected this year, the European Commission forecast on Wednesday. Read More
-
Eurozone GDP edges higher in first quarter
Wednesday 15 May 2024
(Sharecast News) - Eurozone economic growth ticked higher in the first quarter of 2024, official data showed on Wednesday. Read More
-
IEA cuts forecasts for oil demand in 2024
Wednesday 15 May 2024
(Sharecast News) - The International Energy Agency (IEA) has slashed its oil demand forecast for 2024 as a result of poor industrial activity and mild winter temperatures, which have sapped gasoil con... Read More
-
Investor morale hits two-year high in Germany
Tuesday 14 May 2024
(Sharecast News) - German investor sentiment kicked higher in May, a closely-watched survey showed on Tuesday, reaching a two-year high. Read More
-
Biden administration to hike tariffs on $18bn of Chinese goods
Tuesday 14 May 2024
(Sharecast News) - The Biden administration announced significant tariff increases on $18bn worth of Chinese imports overnight on Monday, targeting sectors such as electric vehicles (EVs), solar panel... Read More
-
BoE rate cut on the cards this summer, says Huw Pill
Tuesday 14 May 2024
(Sharecast News) - The Bank of England's chief economist has said it's "not unreasonable" to expect an interest-rate cut from the central bank this summer, as data showed that tightness in the UK labo... Read More
-
Unemployment edges higher as job market cools - ONS
Tuesday 14 May 2024
(Sharecast News) - Unemployment nudged higher in March, official data showed on Tuesday, in line with expectations, despite wages continuing to grow. Read More
-
Treasury reportedly planning significant sale of NatWest stake
Monday 13 May 2024
(Sharecast News) - The Treasury is finalising plans for a significant sale of its remaining stake in NatWest Group, it was reported on Monday, in a bid to expedite the bank's privatisation and stimula... Read More
-
Heathrow passenger numbers grow in April
Monday 13 May 2024
(Sharecast News) - Britain's busiest airport Heathrow saw a 4.8% year-on-year increase in passenger traffic during April, with 6.7m travellers passing through its gates. Read More
-
UK no longer in recession as Q1 GDP grows 0.6%
Friday 10 May 2024
(Sharecast News) - The UK is no longer in recession, according to data released on Friday by the Office for National Statistics. Read More
-
Bank of England stands pat on interest rates
Thursday 09 May 2024
(Sharecast News) - The Bank of England stood pat on interest rates on Thursday at 5.25%, as widely expected, but suggested cuts could be on their way. Read More
-
UK housing sales expectations 'stagnant' as buyer demand softens
Thursday 09 May 2024
(Sharecast News) - A slight upward move in UK mortgage rates over the past few weeks has dampened demand for housing, with near-term sales expectations softening, according to the latest RICS UK Resid... Read More
-
Sweden's Riksbank trims interest rates
Wednesday 08 May 2024
(Sharecast News) - Sweden's central bank trimmed interest rates on Wednesday, for the first time since 2016. Read More
-
Eurozone retail sales push higher
Tuesday 07 May 2024
(Sharecast News) - Eurozone retail sales pushed higher in March, official data showed on Tuesday, beating expectations. Read More
-
Eurozone construction sector struggles as new orders fall
Tuesday 07 May 2024
(Sharecast News) - The eurozone construction sector remains in decline at the start of the second quarter of the year after a sharp fall in new orders, with Germany, Italy and France the major contrib... Read More
-
UK new car registrations rise for 21st month in a row
Tuesday 07 May 2024
(Sharecast News) - UK new car sales rose for the 21st month in a row in April, according to the Society of Motor Manufacturers and Traders, driven by increased demand for fleet vehicles. Read More
You are here: news > category > economic news
10 Lower Thames St,
London EC3R 6EN