Economic News
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US private sector employment rises less than expected in May - ADP
Wednesday 04 Jun 2025
(Sharecast News) - Private sector employment in the US rose less than expected in May, according to figures released on Wednesday by ADP. Read More
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UK service sector returns to growth - PMI
Wednesday 04 Jun 2025
(Sharecast News) - The UK's dominant service sector returned to growth last month, a closely-watched survey showed on Wednesday, beating expectations. Read More
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UK spared hike in US steel tariffs
Wednesday 04 Jun 2025
(Sharecast News) - Donald Trump has exempted the UK from a new 50% tariff on steel and aluminium imports, after the rate was doubled overnight on Wednesday. Read More
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Slowing wage growth 'crucial' for further rate cuts - BoE's Bailey
Tuesday 03 Jun 2025
(Sharecast News) - The governor of the Bank of England has told politicians that further interest rate cuts this year will depend on both a slowdown in wage growth and how global trade policy pans out... Read More
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Eurozone inflation falls below ECB target
Tuesday 03 Jun 2025
(Sharecast News) - Eurozone inflation dipped below 2% last month, official estimates showed on Tuesday, further supporting the case for a reduction in interest rates. Read More
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OECD cuts growth forecasts on Trump trade war
Tuesday 03 Jun 2025
(Sharecast News) - Global growth is set to slow this year and next, the Organisation for Economic Co-operation and Development warned on Tuesday, on the back of Donald Trump's sweeping tariff regime. Read More
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China's manufacturing sector unexpectedly contracts in May
Tuesday 03 Jun 2025
(Sharecast News) - Activity in China's manufacturing sector unexpectedly contracted in May, according to data released on Tuesday. Read More
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UK manufacturing falters amid turbulent market conditions
Monday 02 Jun 2025
(Sharecast News) - The UK's manufacturing sector continued to struggle in May, a closely-watched survey showed on Monday, weighed down by faltering client confidence, higher costs and ongoing trade un... Read More
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Mortgage approvals fall sharply - BoE
Monday 02 Jun 2025
(Sharecast News) - Mortgage approvals fell sharply in April, official data showed on Monday, after changes to stamp duty thresholds came into effect. Read More
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China's factory sector nudges higher in May - PMI
Monday 02 Jun 2025
(Sharecast News) - China's manufacturing sector showed signs of stabilising in May, according to an official survey, boosted by the ceasefire in the country's trade war with America. Read More
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UK house prices tick higher in May - Nationwide
Monday 02 Jun 2025
(Sharecast News) - UK house prices edged higher in May despite wider economic uncertainties, according to data released on Monday by Nationwide. Read More
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BoE policymaker backs rate cut despite inflation spike
Friday 30 May 2025
(Sharecast News) - A Bank of England rate-setter has called for lower interest rates despite stronger-than-expected inflation data, on mounting concerns about the economic outlook. Read More
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Business confidence bounces back - survey
Friday 30 May 2025
(Sharecast News) - Business confidence has recovered to a nine-month high, a survey of UK companies showed on Friday, as global trade tensions eased and markets rebounded. Read More
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UK vehicle production slumps to lowest level since 1952 - SMMT
Thursday 29 May 2025
(Sharecast News) - UK vehicle production hit its lowest monthly output in more than 70 years, according to figures released on Thursday. Read More
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US court blocks Trump's tariff regime
Thursday 29 May 2025
(Sharecast News) - A US court has blocked Donald Trump's sweeping tariff regime, after it ruled that the president had exceeded his authority. Read More
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Thames Water hit with fine of almost £123m by UK regulator
Wednesday 28 May 2025
(Sharecast News) - Troubled UK utility Thames Water has been slapped with a record fine of almost £123m by industry regulator Ofwat over environmental breaches and dividend payments. Read More
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UK grocery price inflation hits 15-month high, says Kantar
Wednesday 28 May 2025
(Sharecast News) - Grocery price inflation in the UK has risen to its highest level in 15 months, according to data out on Wednesday from consumer research firm Kantar, as retailers hike prices to ada... Read More
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RBNZ cuts official cash rate to 3.25pc
Wednesday 28 May 2025
(Sharecast News) - The Reserve Bank of New Zealand (RBNZ) cut its official cash rate by 25 basis points to 3.25% on Wednesday, marking its sixth consecutive rate reduction and setting the stage for fu... Read More
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EU ministers approve €150bn defence fund amid Russia tensions
Tuesday 27 May 2025
(Sharecast News) - The European Union on Tuesday approved the creation of a €150bn landmark fund to boost defence capabilities amid tensions with Russia and a wavering of US commitments in the r... Read More
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EU economic sentiment improves modestly in May
Tuesday 27 May 2025
(Sharecast News) - Economic sentiment in the European Union improved modestly in May, breaking a two-month streak of declines, according to fresh survey data from the European Commission's on Tuesday. Read More
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