Economic News
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UK private-sector activity hits nine-month high
Thursday 22 Feb 2024
(Sharecast News) - Private-sector activity in the UK picked up to a nine-month high in February as solid service-sector growth made up for continued weakness in manufacturing. Read More
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Eurozone inflation edges lower in January
Thursday 22 Feb 2024
(Sharecast News) - Eurozone inflation edged lower last month, official data showed on Thursday, as widely expected. Read More
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Eurozone activity downturn easing as services recover - PMI
Thursday 22 Feb 2024
(Sharecast News) - The downturn in the eurozone services sector showed signs of easing, although manufacturing was still in the doldrums, according to a widely-watched survey published on Thursday. Read More
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Germany slashes growth forecasts for 2024
Wednesday 21 Feb 2024
(Sharecast News) - Germany sharply lowered its economic forecasts on Wednesday, in response to faltering global demand and growing geopolitical uncertainty. Read More
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UK manufacturing conditions still 'challenging' - CBI
Wednesday 21 Feb 2024
(Sharecast News) - The UK manufacturing sector continued to falter this month, industry research showed on Wednesday, although order books showed signs of improvement. Read More
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UK borrowing surplus hits record high
Wednesday 21 Feb 2024
(Sharecast News) - The UK notched up a record monthly borrowing surplus in January, official data showed on Wednesday, despite it narrowly missing forecasts. Read More
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CMA launches market study into supply of infant formula
Tuesday 20 Feb 2024
(Sharecast News) - Watchdog the Competition and Markets Authority has launched a market study into the supply of infant formula in the UK, after first looking into the market back in November 2023. Read More
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PBoC trims five-year loan prime rate more than expected
Tuesday 20 Feb 2024
(Sharecast News) - Rate-setters in China took decisive steps to bolster its property market on Tuesday, by implementing the first cut in its benchmark five-year loan prime rate since June. Read More
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Restructure could see Esken lose control of Southend Airport
Monday 19 Feb 2024
(Sharecast News) - The company formerly known as Stobart Group could give up control of London's least-busy commercial airport, it emerged on Monday, as part of a possible restructuring with creditors... Read More
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UK house prices push higher - Rightmove
Monday 19 Feb 2024
(Sharecast News) - House prices strengthened in February, industry data showed on Monday, as mortgage rates continued to fall. Read More
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UK retail sales rally in January, beat expectations
Friday 16 Feb 2024
(Sharecast News) - UK retail sales rebounded sharply in January, official data showed on Friday, reversing December's slide. Read More
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European Commission trims growth forecasts
Thursday 15 Feb 2024
(Sharecast News) - Brussels downgraded growth forecasts for the Eurozone on Thursday, as higher interest rates continue to weigh heavily. Read More
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UK falls into technical recession - ONS
Thursday 15 Feb 2024
(Sharecast News) - The UK fell into recession at the end of 2023, official data showed on Thursday, after a bigger-than-expected contraction in GDP in the fourth quarter. Read More
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UK house prices ease in December - ONS
Wednesday 14 Feb 2024
(Sharecast News) - UK house prices fell in December, official data showed on Wednesday, although the rate of decline slowed notably. Read More
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Eurozone avoids technical recession as flat Q4 GDP reading confirmed
Wednesday 14 Feb 2024
(Sharecast News) - The eurozone managed to avoid a technical recession in the final three months of last year as the bloc's stagnant GDP data was confirmed. Read More
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Train drivers extend strike mandate for another six months
Wednesday 14 Feb 2024
(Sharecast News) - Train drivers at five major railway companies, including Chiltern, c2c, East Midlands, Northern, and TransPennine railways, have extended their strike action for another six months,... Read More
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UK inflation holds steady at 4%
Wednesday 14 Feb 2024
(Sharecast News) - UK inflation remained unchanged in January, official data showed on Wednesday, coming in narrowly better than forecast. Read More
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Eurozone industrial output rises unexpectedly, employment holds steady
Wednesday 14 Feb 2024
(Sharecast News) - Eurozone manufacturing rose unexpectedly in December, according to fresh data released on Wednesday, suggesting a revitalisation of industrial output alongside stable employment gro... Read More
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German sentiment jumps despite economic gloom - ZEW
Tuesday 13 Feb 2024
(Sharecast News) - Economic sentiment strengthened in Germany this month, a closely-watched survey showed on Tuesday, despite the country's economy continuing to struggle. Read More
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UK unemployment rate eases to 3.8%
Tuesday 13 Feb 2024
(Sharecast News) - The UK unemployment rate eased at the end of last year, official data showed on Tuesday, while average earnings continued to rise. Read More
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