Economic News
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UK mortgage approvals rise more than forecast
Thursday 04 Jan 2024
(Sharecast News) - UK mortgage approvals rose more than expected in November, according to data released on Thursday by the Bank of England, rising to their highest in five months as interest-rate pro... Read More
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UK service sector expands at fastest pace in six months
Thursday 04 Jan 2024
(Sharecast News) - Activity in the UK service sector rose at the fastest pace in six months in December, according to a survey released on Thursday. Read More
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China services sector expands more than expected in December - Caixin
Thursday 04 Jan 2024
(Sharecast News) - Activity in China's services sector expanded more than expected in December, according to a survey released on Thursday. Read More
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Aldi and Lidl win UK Christmas battle
Wednesday 03 Jan 2024
(Sharecast News) - German discounters Aldi and Lidl performed best in December, according to data from retail expert Kantar, which said a record £13.7bn was spent at British supermarkets over the four... Read More
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UK manufacturing weakens for 17th straight month, PMI data shows
Tuesday 02 Jan 2024
(Sharecast News) - The downturn in UK manufacturing output worsened in December, with the S&P Global purchasing managers' index (PMI) falling further into negative territory. Read More
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UK house prices fall 1.8% YoY in December on higher mortgage rates
Friday 29 Dec 2023
(Sharecast News) - UK house prices fell by a higher-than-expected 1.8% year on year in December, mortgage lender Nationwide said on Friday, as higher borrowing costs and deposit requirements deterred ... Read More
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UK spring Budget set for March 6, fuelling election speculation
Wednesday 27 Dec 2023
(Sharecast News) - Britain's spring budget statement will be delivered on March 6, the Treasury announced on Wednesday, amid suggestions the government may axe inheritance tax in an attempt to narrow ... Read More
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Boxing Day retail footfall rises, still below pre-Covid levels
Wednesday 27 Dec 2023
(Sharecast News) - Boxing Day foot traffic saw a slight uptick this year, with a 1.4% increase in the number of shoppers compared to the previous year, according to preliminary data from MRI Software. Read More
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Industrial profits improve in China in November
Wednesday 27 Dec 2023
(Sharecast News) - China's industrial profits experienced a substantial boost in November, with a double-digit increase of 29.5%, following a much more modest 2.7% rise in October. Read More
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US consumer sentiment improves in December
Friday 22 Dec 2023
(Sharecast News) - US consumer sentiment improved more than initially estimated in December, according to a survey released on Friday. Read More
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US new home sales unexpectedly slump in November
Friday 22 Dec 2023
(Sharecast News) - US new home sales unexpectedly slumped in November, according to figures released on Friday by the Commerce Department. Read More
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UK retail sales rise by 1.3% in Nov as Black Friday deals boost volumes
Friday 22 Dec 2023
(Sharecast News) - UK retail sales volumes rose by 1.3% in November compared with the prior month, boosted by heavily discounted Black Friday deals, according to official data published on Friday. Read More
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Rail fares to rise by 4.9pc in March
Friday 22 Dec 2023
(Sharecast News) - Rail fare increases are set to rise by 4.9% from early next year, after the Department for Transport announced another cap on ticket price rises. Read More
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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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