Economic News
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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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Eurozone producer prices nudge higher
Thursday 03 Apr 2025
(Sharecast News) - Producer prices across the Eurozone nudged higher in February, official data released on Thursday showed. Read More
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Late Easter sees supermarket sales slow in March
Wednesday 02 Apr 2025
(Sharecast News) - Supermarket sales slowed in March, industry research showed on Wednesday, hit by the late timing of Easter. Read More
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Trump team preparing for sweeping 20pc tariffs - report
Tuesday 01 Apr 2025
(Sharecast News) - The Trump administration preparing a major shift in US trade policy was said to be looking at plans to impose tariffs of around 20% on most imports, it emerged on Tuesday. Read More
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Higher US tariffs could weigh on UK inflation, says BoE's Greene
Tuesday 01 Apr 2025
(Sharecast News) - Megan Greene from the Bank of England said on Tuesday that additional US import tariffs could actually lessen inflationary pressures in the UK, despite concerns that an escalating t... Read More
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UK manufacturing output shrinks in March
Tuesday 01 Apr 2025
(Sharecast News) - Output in the UK manufacturing sector shrank in March, with new orders declining at the fastest pace in 19 months and business confidence slumping to a near two-and-a-half year low,... Read More
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UK house prices steady in March, likely to remain 'a little soft' - Nationwide
Tuesday 01 Apr 2025
(Sharecast News) - UK house prices were steady in March and are likely to remain "a little soft" in the coming months due to stamp duty changes, according to data released on Tuesday by Nationwide. Read More
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UK shop prices fall but hikes are coming, warns BRC
Tuesday 01 Apr 2025
(Sharecast News) - UK shop prices slipped in March as retailers held back from hiking rates, according to data out on Tuesday from the British Retail Consortium (BRC), which warned of rising cost pres... Read More
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PRA looking to raise deposit protection limit to £110,000
Monday 31 Mar 2025
(Sharecast News) - The Prudential Regulation Authority is proposing to lift the deposit protection limit by £35,000, the first change to its guarantee in eight years. Read More
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UK mortgage approvals fall more than expected
Monday 31 Mar 2025
(Sharecast News) - The number of mortgage approvals for house purchases in the UK fell for the second straight month in February, while consumer credit borrowing slipped, according to data out on Mond... Read More
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Airline stocks down as Heathrow boss warns power supply upgrade could cost £1bn
Friday 28 Mar 2025
(Sharecast News) - London-listed airline stocks were on the descent on Friday after Heathrow's boss warned that the cost of upgrading the airport to a new power system could cost upwards of £1bn, with... Read More
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Thames Water finance chief stepping down
Friday 28 Mar 2025
(Sharecast News) - Thames Water's chief financial officer Alastair Cochran will leave the company at the end of March, it was announced on Friday, marking a significant leadership change as the debt-l... Read More
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Economic sentiment weakens across the Eurozone
Friday 28 Mar 2025
(Sharecast News) - Economic sentiment and consumer confidence across Europe weakened unexpectedly in March, official research showed on Friday. Read More
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Gold prices hit fresh high on trade turmoil
Friday 28 Mar 2025
(Sharecast News) - Gold prices hit fresh highs on Friday, as the latest round of trade tariffs imposed by Donald Trump reignited fears of a global trade war. Read More
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UK economy performed better than expected in 2024 - ONS
Friday 28 Mar 2025
(Sharecast News) - The UK economy grew more strongly than initially thought last year, official data showed on Friday. Read More
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