Economic News
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Mortgage approvals rise for first time since August - BoE
Wednesday 29 Mar 2023
(Sharecast News) - Mortgage approvals rose in February for the first time since last summer, official data showed on Wednesday, as the UK housing market started to shake off last autumn's mini budget. Read More
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US consumer confidence improves a touch in March
Tuesday 28 Mar 2023
(Sharecast News) - US consumer confidence unexpectedly improved a touch in March, according to data released on Tuesday. Read More
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US house price growth eases in January
Tuesday 28 Mar 2023
(Sharecast News) - US house price growth eased in January, according to the latest S&P/Case-Shiller national home price index. Read More
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UK banks in good health despite turmoil - BoE governor
Tuesday 28 Mar 2023
(Sharecast News) - Bank of England governor Andrew Bailey has insisted that the UK banking sector remains in good health, despite being in a period of "heightened tension". Read More
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Royal Mail threatens to put postal service into administration
Tuesday 28 Mar 2023
(Sharecast News) - Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs. Read More
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Food inflation soars to record 17.5% - Kantar
Tuesday 28 Mar 2023
(Sharecast News) - Grocery inflation has rocketed to 17.5%, industry research showed on Tuesday, adding more than £800 a year to average household food bills. Read More
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Food inflation soars to fresh high - BRC
Tuesday 28 Mar 2023
(Sharecast News) - Food prices continued to soar in March, industry research showed on Tuesday, pushing shop price inflation higher. Read More
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UK retailers more optimistic - CBI
Monday 27 Mar 2023
(Sharecast News) - Retail sales held steady in March, a closely-watched survey showed on Monday, boosting confidence across the sector. Read More
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German business sentiment improves again in March - Ifo
Monday 27 Mar 2023
(Sharecast News) - German business sentiment unexpectedly improved again in March, according to a survey released on Monday by the Ifo Institute. Read More
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BoE governor warns firms not to hike prices
Friday 24 Mar 2023
(Sharecast News) - The governor of the Bank of England has warned companies not to embed inflation by putting up prices. Read More
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Eurozone economic growth gathers pace in March
Friday 24 Mar 2023
(Sharecast News) - Economic growth in the eurozone continued to gather pace in March, according to a survey released on Friday, underpinned by the service sector as manufacturing stagnated. Read More
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UK private sector output grows as confidence improves
Friday 24 Mar 2023
(Sharecast News) - UK private sector output continued to grow in March, a closely watched survey showed on Friday, boosted by the service economy. Read More
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Retail sales surge in February
Friday 24 Mar 2023
(Sharecast News) - Retail sales jumped by more than expected in February, official data showed on Friday. Read More
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Consumer confidence ticks up but outlook remains unsettled
Friday 24 Mar 2023
(Sharecast News) - Consumer confidence nudged higher in March, a closely-watched survey showed on Friday, despite ongoing cost of living pressures. Read More
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BoE hikes by 25bp, says inflation likely to fall sharply over rest of 2023
Thursday 23 Mar 2023
(Sharecast News) - The Bank of England went ahead and raised rates as expected, saying that global growth was expected to be stronger than anticipated in the February Monetary Policy Report. Read More
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Bank of England hikes rates by 25 basis points
Thursday 23 Mar 2023
(Sharecast News) - The Bank of England hiked interest rates by 25 basis points on Thursday to 4.25%, as expected, in the face of rising inflation. Read More
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Swiss National Bank hikes rates by 50 basis points
Thursday 23 Mar 2023
(Sharecast News) - The Swiss National Bank hiked its key policy rate on Thursday for the fourth meeting in a row, by 50 basis points to 1.50%, in line with consensus expectations. Read More
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Producer price rises slow as demand softens - CBI
Wednesday 22 Mar 2023
(Sharecast News) - UK manufacturers saw both output and orders ease in the three months to March, a survey published on Wednesday showed. Read More
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House price growth slows sharply - ONS
Wednesday 22 Mar 2023
(Sharecast News) - UK house price growth slowed sharply in January, official data showed on Wednesday. Read More
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UK inflation unexpectedly jumps to 10.4%
Wednesday 22 Mar 2023
(Sharecast News) - Inflation unexpectedly pushed higher last month, official data showed on Wednesday, driven by the soaring cost of food. Read More
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