Economic News
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UK third-quarter GDP revised down to show 0.1% contraction
Friday 22 Dec 2023
(Sharecast News) - The UK economy shrank in the third quarter, according to figures released on Friday by the Office for National Statistics, raising the risk of recession. Read More
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New home sales jump 17% as buyer demand improves, says Zoopla
Friday 22 Dec 2023
(Sharecast News) - The decline in house prices has started to flow as buyers and sellers become more aligned on pricing, according to online property platform Zoopla on Friday, which revealed that the... Read More
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Private sector activity weakens again in December, CBI data shows
Friday 22 Dec 2023
(Sharecast News) - Activity in the UK's private sector declined again in the three months to December, marking the 18th month in a row without growth, according to the Confederation of British Industr... Read More
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US third-quarter GDP revised down to 4.9%
Thursday 21 Dec 2023
(Sharecast News) - The US economy grew less than previously estimated in the third quarter, according to figures released on Thursday by the Commerce Department. Read More
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Downturn in UK retail sector deepens in December - CBI
Thursday 21 Dec 2023
(Sharecast News) - The downturn in the UK retail sector deepened in December following a disappointing festive period, according to a survey released on Thursday. Read More
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UK government borrows more than expected in November
Thursday 21 Dec 2023
(Sharecast News) - The UK government borrowed more than expected last month, according to figures released by the Office for National Statistics on Thursday. Read More
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FCA proposes changes to listing regime, bond markets
Wednesday 20 Dec 2023
(Sharecast News) - The Financial Conduct Authority (FCA) unveiled comprehensive proposals aimed at enhancing the accessibility, efficiency, and competitiveness of the UK's listing regime on Wednesday ... Read More
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UK house prices see steepest annual decline since 2011
Wednesday 20 Dec 2023
(Sharecast News) - The annual rate of decline in UK houses prices dropped in October to its steepest level in 12 years, according to figures out on Wednesday by the Office for National Statistics. Read More
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UK inflation eases more than expected in November
Wednesday 20 Dec 2023
(Sharecast News) - UK inflation eased more than expected in November, according to figures released on Wednesday by the Office for National Statistics, boosting rate cut hopes for next year. Read More
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FCA to take no action after Odey probe - reports
Tuesday 19 Dec 2023
(Sharecast News) - The Financial Conduct Authority (FCA) has wrapped up its investigation into Odey Asset Management (OAM), reportedly deciding not to pursue any further action, it emerged on Tuesday. Read More
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CMA and Bank of England ink new partnership to drive collaboration
Tuesday 19 Dec 2023
(Sharecast News) - The Competition and Markets Authority (CMA) and the Bank of England announced a new agreement on Tuesday that will see the two entities collaborate and share information to assist i... Read More
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UK manufacturing output stabilises in December - CBI
Tuesday 19 Dec 2023
(Sharecast News) - Output in the UK manufacturing sector stabilised in December, but orders remained subdued, according to a survey released on Tuesday. Read More
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US manufacturing PMI falls in December flash reading
Friday 15 Dec 2023
(Sharecast News) - A flash reading of S&P Global's US manufacturing PMI fell to 48.2 in December, the lowest level seen in four months, compared to 49.4 in November and forecasts of 49.3. Read More
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Ofgem mulls price cap rise to tackle record bad debt
Friday 15 Dec 2023
(Sharecast News) - Ofgem is proposing increasing the price cap, it was confirmed on Friday, to help suppliers to recover £3bn of bad debt. Read More
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UK house prices set to fall in 2024
Friday 15 Dec 2023
(Sharecast News) - House prices are expected to remain under pressure in 2024, according to industry forecasts published on Friday, as high interest rates continue to stretch affordability. Read More
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UK business activity hits six-month high in December
Friday 15 Dec 2023
(Sharecast News) - UK business activity rose to a six-month high in December,, according to a survey released on Friday. Read More
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UK consumer confidence ticks higher in December - GfK
Friday 15 Dec 2023
(Sharecast News) - UK consumer confidence edged higher in December, a long-running survey showed on Friday, as people became more optimistic for the year ahead. Read More
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ECB leaves interest rates on hold
Thursday 14 Dec 2023
(Sharecast News) - The European Central Bank left interest rates unchanged on Thursday, as widely expected. Read More
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US jobless claims unexpectedly fall
Thursday 14 Dec 2023
(Sharecast News) - The number of Americans filing for unemployment benefits fell last week, according to data released on Thursday by the Labor Department. Read More
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Bank of England leaves interest rates on hold
Thursday 14 Dec 2023
(Sharecast News) - The Bank of England left interest rates on hold at 5.25% on Thursday, as widely expected. Read More
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