Economic News
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Labour lays out plans to renationalise UK's railways
Thursday 25 Apr 2024
(Sharecast News) - Labour promised to renationalise the UK's railway network within five years of taking office on Thursday, in a bid to address the system's challenges without compensating its existi... Read More
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Germany consumer sentiment picks up - GfK
Thursday 25 Apr 2024
(Sharecast News) - German consumer sentiment has continued to strengthen, a closely-watched survey showed on Thursday. Read More
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Sentiment picks up across UK manufacturing - CBI
Wednesday 24 Apr 2024
(Sharecast News) - Sentiment across the UK manufacturing sector improved in April, an industry survey showed on Wednesday, as output steadied. Read More
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German business sentiment improves in April - Ifo
Wednesday 24 Apr 2024
(Sharecast News) - German business sentiment improved in April, according to a survey released on Wednesday by the Ifo Institute. Read More
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BoE's Huw Pill says rate cuts still some way off
Tuesday 23 Apr 2024
(Sharecast News) - The Bank of England's chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off". Read More
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Tesla announces plans to cut 400 jobs in Germany
Tuesday 23 Apr 2024
(Sharecast News) - Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce. Read More
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First rate cut still some way off, BoE's Pill says
Tuesday 23 Apr 2024
(Sharecast News) - The Bank of England's first interest rate cut of the current cycle remains some way off, its chief economist said. Read More
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First rate cut still some way off, BoE's Pill says
Tuesday 23 Apr 2024
(Sharecast News) - The Bank of England's first interest rate cut of the current cycle remains some way off, its chief economist said. Read More
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UK private sector output expands, cost pressures loom
Tuesday 23 Apr 2024
(Sharecast News) - Britain's private sector saw robust expansion in April, according to fresh data on Tuesday, marking the sixth consecutive month of growth. Read More
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Eurozone business activity grows at fastest rate for a nearly a year
Tuesday 23 Apr 2024
(Sharecast News) - Business activity in the eurozone grew at the fastest pace for nearly a year in April, according to preliminary data released on Tuesday. Read More
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Shoppers clamber for deals as grocery inflation slows further
Tuesday 23 Apr 2024
(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday. Read More
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UK govt's tax cut plans hit as March borrowing comes in higher-than-expected
Tuesday 23 Apr 2024
(Sharecast News) - UK government borrowing overshot forecasts in March, producing a budget deficit that was £6.6bn higher than expected, official data revealed on Tuesday, damaging plans for a pre-ele... Read More
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Thames Water looks to hike consumer bills by as much as 44%
Monday 22 Apr 2024
(Sharecast News) - Heavily indebted utility provider Thames Water will look to convince industry regulator Ofwat to allow it to hike consumer bills by as much as 44% over the next five years. Read More
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UK house prices grow at fastest annual pace in a year - Rightmove
Monday 22 Apr 2024
(Sharecast News) - The average asking price of a UK home rose at its fastest annual pace in a year in April, with "top-of-the-ladder" homes seeing the biggest growth in activity, according to a survey... Read More
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Thames Water plans to raise bills by 56pc - reports
Friday 19 Apr 2024
(Sharecast News) - Thames Water has submitted a revised business plan to regulators, proposing an increase in bills of 56%, it was reported on Friday. Read More
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UK consumer confidence hits best level in two years - Deloitte
Friday 19 Apr 2024
(Sharecast News) - UK consumer confidence hit its highest level in two years in the first quarter of 2024 as inflation eased, according to a survey released by Deloitte on Friday. Read More
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UK retail sales stagnate in March
Friday 19 Apr 2024
(Sharecast News) - UK retail sales were flat in March, undershooting expectations, according to figures released on Friday by the Office for National Statistics. Read More
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Eurozone construction jumps in February
Thursday 18 Apr 2024
(Sharecast News) - Eurozone construction sparked in February, official data showed on Thursday, up notably on the previous month. Read More
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UK house price decline eases, but rents grow at record rate
Wednesday 17 Apr 2024
(Sharecast News) - The annual fall in UK house prices eased to just 0.2% in February, its lowest rate of decline in eight months, according to figures released on Wednesday by the Office for National ... Read More
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UK inflation at lowest since September 2021, but falls less than expected
Wednesday 17 Apr 2024
(Sharecast News) - UK inflation fell to its lowest in three and a half years last month, but eased less than expected, which is likely to prompt caution from the Bank of England to get price pressures... Read More
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