Economic News
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UK wage growth eases a touch
Tuesday 17 Oct 2023
(Sharecast News) - Growth in basic wages eased a little in August, according to figures released on Tuesday by the Office for National Statistics. Read More
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BoE's job of containing inflation not yet done, says chief economist
Monday 16 Oct 2023
(Sharecast News) - The Bank of England has "some work to do" to get inflation back down to the 2% target, according to the central bank's chief economist on Monday. Read More
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EY sees "reasons for optimism" as it upgrades UK GDP forecast for 2023
Monday 16 Oct 2023
(Sharecast News) - High interest rates will have an inevitable impact on UK GDP, but the economy should still be able to avoid a recession - that's according to experts at consultancy giant EY. Read More
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Jim Ratcliffe to buy 25% of Man Utd after Qatari group withdraws offer
Monday 16 Oct 2023
(Sharecast News) - US-listed shares of Manchester United tanked in pre-market trading on Monday after it emerged that a group of Qatari investors backed out of their offer to snap up the world-famous ... Read More
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UK house prices rise at slowest pace since 2008 - Rightmove
Monday 16 Oct 2023
(Sharecast News) - UK house prices rose in October at the slowest monthly pace for this time of year since the financial crisis of 2008, according to data released on Monday by Rightmove. Read More
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Future interest rate calls will be 'tight' - Bailey
Friday 13 Oct 2023
(Sharecast News) - The governor of the Bank of England warned on Friday that future interest rate decisions would be "tight", despite inflation easing. Read More
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Chinese inflation stalls as economy falters
Friday 13 Oct 2023
(Sharecast News) - China's economy appeared on the brink of deflation on Friday, after official data showed inflation was flat in September. Read More
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UK economy returns to growth in August
Thursday 12 Oct 2023
(Sharecast News) - The UK economy returned to growth in August, according to figures released on Thursday by the Office for National Statistics. Read More
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UK house prices continue to fall - RICS
Thursday 12 Oct 2023
(Sharecast News) - UK house prices continued to fall in September, an industry survey showed on Thursday, as higher interest rates and mortgage costs weighed on demand. Read More
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IMF's forecasts for UK economy to be taken with 'a few pinches of salt' - report
Wednesday 11 Oct 2023
(Sharecast News) - The International Monetary Fund's World Economic Outlook can be interpreted in more ways than one, according to Sky News, with the first of which being to declare that the UK econom... Read More
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Deal-hunting pulls UK grocery inflation to 14-month low
Tuesday 10 Oct 2023
(Sharecast News) - A continuing hunt for deals meant that the annual rise in UK grocery prices eased to a 14-month low in September, with budget retailers Aldi and Lidl continuing to take market share... Read More
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UK retail sales growth slows, as shops brace for 'fierce' winter
Tuesday 10 Oct 2023
(Sharecast News) - UK retail sales slowed dramatically in September, as milder weather affected seasonal clothing purchases and the cost-of-living crisis prevented consumers taking on big-ticket items... Read More
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Eurozone investor sentiment falls less than expected
Monday 09 Oct 2023
(Sharecast News) - Eurozone investor sentiment deteriorated less than expected in October, according to data released on Monday. Read More
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German industrial production falls again in August
Monday 09 Oct 2023
(Sharecast News) - German industrial production fell in August for the fourth month in a row, according to data released on Monday by Destatis. Read More
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House prices fall again amid high borrowing costs - Halifax
Friday 06 Oct 2023
(Sharecast News) - Annual house prices fell again in September as high borrowing costs continued to dent the market, according to Halifax. Read More
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Footfall slides as shoppers stay at home - BRC
Friday 06 Oct 2023
(Sharecast News) - Retail footfall eased in September, industry research showed on Friday, as the unseasonably warm weather put off shoppers. Read More
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UK car registrations grow in September
Thursday 05 Oct 2023
(Sharecast News) - UK car registrations grew year-on-year in September but failed to meet the average seen before the Covid-19 pandemic laid waste to the automotive industry. Read More
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Housebuilding slump weighs heavily on UK construction
Thursday 05 Oct 2023
(Sharecast News) - The UK construction sector contracted sharply in September, a closely-watched survey showed on Thursday, as new orders tumbled at the fastest rate for over three years. Read More
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German exports fall more than expected in August
Thursday 05 Oct 2023
(Sharecast News) - German exports fell more than expected in August, adding to expectations of a recession in the third quarter, according to figures released on Thursday by Destatis. Read More
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HS2 rail project to be scrapped - Sunak
Wednesday 04 Oct 2023
(Sharecast News) - The troubled HS2 rail project has been scrapped, Rishi Sunak confirmed on Wednesday, ending weeks of speculation about its future. Read More
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