Economic News
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BoE's Haskel calls for more evidence inflation is under control
Friday 09 Feb 2024
(Sharecast News) - The Bank of England's Jonathan Haskel warned on Friday more evidence that inflation was under control was needed before he would vote in favour of cutting interest rates. Read More
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Homeowner mortgage arrears climb 7% in fourth quarter
Thursday 08 Feb 2024
(Sharecast News) - The number of UK mortgages in arrears increased by 7% in the fourth quarter of 2023, though the number houses taken into possession fell sharply. Read More
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Housing market buoyed as hopes grow for rate cut - Rics
Thursday 08 Feb 2024
(Sharecast News) - The UK housing market continued to stabilise in January, industry research showed on Thursday, as hopes of a cut in interest rates boosted the outlook. Read More
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Halifax house prices rise for fourth month in a row - Halifax
Wednesday 07 Feb 2024
(Sharecast News) - UK house prices rose in January for the fourth month in a row as mortgage rates fell, according to figures released on Wednesday by Halifax. Read More
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UK construction sector remains in contraction; business optimism at two-year high
Tuesday 06 Feb 2024
(Sharecast News) - The UK construction sector remained in contraction territory in January, but business optimism hit a two-year high amid expectations of rate cuts, according to a survey released on ... Read More
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German factory orders unexpectedly rise in December
Tuesday 06 Feb 2024
(Sharecast News) - German factory orders unexpectedly rose in December, according to data released by Destatis on Tuesday. Read More
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UK retail sales growth slows to 17-month low in January, BRC data shows
Tuesday 06 Feb 2024
(Sharecast News) - The annual rate of UK retail sales growth slowed to its lowest level in 17 months in January as non-food sales dropped despite an easing of inflationary price pressures. Read More
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OECD lifts global growth forecasts for 2024
Monday 05 Feb 2024
(Sharecast News) - The Organization for Economic Cooperation and Development (OECD) has lifted its outlook for global growth this year by 0.2 percentage points. Read More
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UK services growth hits eight-month high in January
Monday 05 Feb 2024
(Sharecast News) - The UK services sector grew in January at its fastest pace in eight months, according to a survey released on Monday. Read More
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UK new car sales rise in January as EV registrations surpass 1m
Monday 05 Feb 2024
(Sharecast News) - Britain's new car market grew by 8.2% year-on-year in January, the highest rate of growth since 2020, according to data released by the Society of Motor Manufacturers and Traders (S... Read More
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ONS revises UK unemployment rate down to 3.9%
Monday 05 Feb 2024
(Sharecast News) - The Office for National Statistics has downwardly revised the UK unemployment rate for late last year after readjusting its estimates on the back of new population data. Read More
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China services sector grows less than expected - Caixin
Monday 05 Feb 2024
(Sharecast News) - Activity in China's services sector grew less than expected in January, according to a survey released on Monday. Read More
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Stormy weather puts off January shoppers - BRC
Friday 02 Feb 2024
(Sharecast News) - Retail footfall continued to fall in January, industry data showed on Friday, as wet and windy weather put off potential bargain hunters. Read More
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Bank of England leaves rates on hold
Thursday 01 Feb 2024
(Sharecast News) - The Bank of England left interest rates unchanged at 5.25% on Thursday, as widely expected. Read More
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Red Sea disruption hits UK manufacturing - PMI
Thursday 01 Feb 2024
(Sharecast News) - The UK's hard-pressed manufacturing sector faltered in January, a closely-watched survey showed on Thursday, as disruption in the Red Sea started to bite. Read More
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Downturn in eurozone manufacturing eases - PMI
Thursday 01 Feb 2024
(Sharecast News) - The downturn in the eurozone manufacturing sector showed signs of easing in January, according to a closely-watched survey published on Thursday. Read More
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China's manufacturing sector steady in January - Caixin
Thursday 01 Feb 2024
(Sharecast News) - Activity in China's manufacturing sector held steady in January, according to a survey released on Thursday. Read More
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German inflation eases to lowest rate since June 2021
Wednesday 31 Jan 2024
(Sharecast News) - German inflation continued to ease in January, official data showed on Wednesday, as energy prices fell sharply. Read More
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UK business confidence jumps - survey
Wednesday 31 Jan 2024
(Sharecast News) - UK businesses started the new year with an upbeat outlook, a survey claimed on Wednesday, buoyed by easing inflation and the prospect of falling interest rates. Read More
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US private sector adds fewer jobs than expected in January
Wednesday 31 Jan 2024
(Sharecast News) - Private sector employment in the US rose less than expected in January, according to figures released on Wednesday by ADP. Read More
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