Economic News
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Travis Perkins H1 profits, revenue fall amid 'weak' markets
Tuesday 01 Aug 2023
(Sharecast News) - Builders' merchant Travis Perkins posted a drop in first-half profit and revenue on Tuesday amid weak markets. Read More
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Annual house prices suffer worst fall since July 2009
Tuesday 01 Aug 2023
(Sharecast News) - Annual house prices suffered their worst fall last month since July 2009, according to figures released on Tuesday by Nationwide. Read More
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Chinese manufacturing sector contracts again in July
Monday 31 Jul 2023
(Sharecast News) - The Chinese manufacturing sector contracted in July for the fourth month in a row, according to data released on Monday by the National Bureau of Statistics. Read More
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German economy stagnates in second quarter
Friday 28 Jul 2023
(Sharecast News) - The German economy stagnated in the three months to June, according to figures released by Destatis on Friday. Read More
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Bank of Japan makes shock change to bond yield policy
Friday 28 Jul 2023
(Sharecast News) - The Bank of Japan on Friday maintained negative interest rates but said it would now allow "greater flexibility" in its target range for 10-year government bond yields. Read More
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Europe to probe Microsoft's bundling of Teams with Office 365
Thursday 27 Jul 2023
(Sharecast News) - The European Commission opened a formal investigation into Microsoft on Thursday, to assess whether the tech giant had violated EU competition rules. Read More
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UK retail sales fall at fastest pace since April 2022 - CBI
Thursday 27 Jul 2023
(Sharecast News) - Retail sales fell in the year to July at the fastest pace since April 2022, with the downturn only expected to get worse, according to the latest Distributive Trades survey from the... Read More
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German consumer sentiment set to stabilise - GfK
Thursday 27 Jul 2023
(Sharecast News) - German consumer sentiment is expected to stabilise in August amid hopes of a decline in inflation, according to a survey released on Thursday by market research group GfK. Read More
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CMA to consult on changes offered by Amazon Marketplace
Wednesday 26 Jul 2023
(Sharecast News) - In response to concerns raised by the Competition and Markets Authority (CMA) over potential anti-competitive practices, Amazon has offered to implement changes to the way it treats... Read More
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UK manufacturers more positive, but investment intentions weaken, CBI says
Tuesday 25 Jul 2023
(Sharecast News) - Britain's manufacturers grew more positive over the latest quarter, but investment intentions weakened as more companies complained of higher finance costs, a business lobby group s... Read More
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UK consumer confidence hits highest level in 18 months - PwC
Tuesday 25 Jul 2023
(Sharecast News) - UK consumer confidence has hit its highest level in 18 months, a survey released by PwC on Tuesday showed. Read More
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German business sentiment deteriorates further
Tuesday 25 Jul 2023
(Sharecast News) - German business sentiment deteriorated further in July, according to a survey released on Tuesday by the Ifo Institute. Read More
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UK economic growth nearly stalls in July, PMIs show
Monday 24 Jul 2023
(Sharecast News) - Activity levels in the UK's manufacturing and services sectors slowed sharply in July, closely followed survey results showed. Read More
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In-store retail sales jump - BDO
Friday 21 Jul 2023
(Sharecast News) - UK retail sales pushed higher last week, industry data showed on Friday, despite the weather turning less summery. Read More
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UK public sector borrowing unexpectedly falls
Friday 21 Jul 2023
(Sharecast News) - Public sector borrowing unexpectedly fell in June, official data showed on Friday, although it remains at record levels. Read More
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Retail sales spark in June - ONS
Friday 21 Jul 2023
(Sharecast News) - UK retail sales pushed higher last month, official data showed on Friday, beating expectations. Read More
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UK consumer confidence slumps - GfK
Friday 21 Jul 2023
(Sharecast News) - Consumer confidence slumped in July, a closely-watched survey showed on Friday, as higher interest rates and prices hit home. Read More
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Supermarkets told to make pricing clearer
Thursday 20 Jul 2023
(Sharecast News) - The UK competition watchdog has told supermarkets to make their pricing clearer, to help struggling customers better find the best deals. Read More
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PBoC stands pat on interest rates, as expected
Thursday 20 Jul 2023
(Sharecast News) - The People's Bank of China maintained its benchmark lending rates on Thursday, consistent with expectations and its recent decision to hold policy rates earlier in the month. Read More
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UK house price growth eases in May - ONS
Wednesday 19 Jul 2023
(Sharecast News) - Growth in UK house prices slowed in May, according to data released on Wednesday. Read More
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