Economic News
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US economy grows more than expected in Q3
Wednesday 29 Nov 2023
(Sharecast News) - The US economy grew more than initially estimated in the third quarter, according to data released on Wednesday by the Commerce Department. Read More
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German inflation falls by more than expected
Wednesday 29 Nov 2023
(Sharecast News) - German inflation eased in November to the lowest level for more than two years, official data showed on Wednesday. Read More
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UK economy to grow at sluggish pace - OECD
Wednesday 29 Nov 2023
(Sharecast News) - The UK economy will grow this year and the next, a leading global organisation forecast on Wednesday, but only at a sluggish pace. Read More
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Sentiment slides across UK service sector - CBI
Wednesday 29 Nov 2023
(Sharecast News) - Sentiment across the UK service sector softened in November, a closely-watched survey showed on Wednesday, as both volumes and profits fell. Read More
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LME wins lawsuit over cancellation of nickel trades
Wednesday 29 Nov 2023
(Sharecast News) - London's High Court has ruled in favour of the London Metal Exchange (LME) in a lawsuit over its decision to cancel billions of dollars of nickel trades. Read More
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Eurozone economic sentiment ticks higher
Wednesday 29 Nov 2023
(Sharecast News) - Economic sentiment in the eurozone ticked a little higher in November, according to a survey released on Wednesday. Read More
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Mortgage approvals jump in October - Bank of England
Wednesday 29 Nov 2023
(Sharecast News) - Mortgage approvals sparked last month, official data showed on Wednesday, despite borrowing costs continuing to push higher. Read More
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Food companies pushing up prices by more than costs - CMA
Wednesday 29 Nov 2023
(Sharecast News) - The competition watchdog has accused food companies of pushing up prices by more than costs, adding to inflation. Read More
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Shop price inflation slows to 17-month low in November
Tuesday 28 Nov 2023
(Sharecast News) - Shop price inflation dropped to its lowest in 17 months in November, new data revealed on Tuesday, as retailers stepped up discounting ahead of the key festive shopping season. Read More
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Retail sales decline eases but Christmas outlook gloomy - CBI
Monday 27 Nov 2023
(Sharecast News) - The decline in UK retail sales eased somewhat in November, but the outlook for Christmas was gloomy, according to a survey released on Monday. Read More
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Rishi Sunak unveils £29.5bn of investments ahead of Hampton Court summit
Monday 27 Nov 2023
(Sharecast News) - British Prime Minister Rishi Sunak announced a £29.5bn investment programme on Monday ahead of the Global Investment Summit held at Hampton Court Palace. Read More
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German business sentiment improves again - Ifo
Friday 24 Nov 2023
(Sharecast News) - German business sentiment improved again in November, albeit a little less than expected, according to a survey released on Friday by the Ifo Institute. Read More
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German economy contracts slightly in third quarter
Friday 24 Nov 2023
(Sharecast News) - The German economy contracted a touch in the third quarter, as per the initial estimate, according to figures released on Friday by Destatis. Read More
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UK consumer confidence picks up in November
Friday 24 Nov 2023
(Sharecast News) - Consumer confidence rebounded in November, a closely-watched survey showed on Thursday, as people started to look towards the festive season. Read More
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Turkey's central bank hikes rates by 500 basis points
Thursday 23 Nov 2023
(Sharecast News) - Turkey's central bank hiked interest rates by 500 basis points on Thursday to 40%, but signalled it was getting close to the end of the tightening cycle. Read More
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UK private sector returns to growth
Thursday 23 Nov 2023
(Sharecast News) - UK private sector output stabilised in November, a closely-watched survey showed on Thursday, driven by growth in services. Read More
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Energy bills to increase from January - Ofgem
Thursday 23 Nov 2023
(Sharecast News) - Energy bills will increase by 5% from January, it was confirmed on Thursday, in response to higher wholesale gas prices. Read More
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Government could sell NatWest shares to retail investors, chancellor says
Wednesday 22 Nov 2023
(Sharecast News) - The UK chancellor has announced plans to sell off part of the government's stake in high street lender NatWest to retail investors in the coming year. Read More
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Chancellor pledges '110 measures' to grow economy
Wednesday 22 Nov 2023
(Sharecast News) - The Chancellor has announced a raft of measures intended to boost business investment and grow the economy, including cutting business taxes and National Insurance. Read More
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Factory orders slump to lowest level since early 2021 - CBI
Wednesday 22 Nov 2023
(Sharecast News) - Manufacturing output fell sharply in November, industry data showed on Wednesday, as orders slid to their lowest level in nearly three years. Read More
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