Economic News

UK mortgage approvals beat expectations - BofE

Thursday 30 Jan 2025

(Sharecast News) - UK mortgage approvals sparked in December, official data showed on Thursday, easily beating expectations. Read More

UK car production tipped to fall further after 11.8% slump in 2024

Thursday 30 Jan 2025

(Sharecast News) - UK car and van output was forecast to fall sharply after an 11.8% slump in production to below one million units in 2024, the industry's trade body warned on Thursday. Read More

Chancellor backs third runway at Heathrow

Wednesday 29 Jan 2025

(Sharecast News) - The chancellor has backed a third runway at Heathrow, claiming on Wednesday that the controversial expansion will boost the economy and create 1000s of jobs. Read More

January sales drive UK shop prices lower

Tuesday 28 Jan 2025

(Sharecast News) - Prices at UK tills decreased in January as retailers offered "deep discounts" on things like furniture and fashion, according to the British Retail Consortium, though upcoming incre... Read More

UK rents drop for first time since 2019

Tuesday 28 Jan 2025

(Sharecast News) - The average price of rent in the UK excluding London fell for the first time since pre-pandemic 2019 in the fourth quarter, according to Rightmove, as supply continues to improve. Read More

German business sentiment improves in January - Ifo

Monday 27 Jan 2025

(Sharecast News) - German business sentiment unexpectedly improved a little in January but companies remained pessimistic, according to a survey released on Monday by the Ifo Institute. Read More

UK business activity grows in January, private sector employment falls again

Friday 24 Jan 2025

(Sharecast News) - UK business activity continued to grow in January, but employment in the private sector fell for the fourth month in a row, according to a survey released on Friday. Read More

Consumer confidence slumps in January - GfK

Friday 24 Jan 2025

(Sharecast News) - Consumer confidence fell sharply as the new year got underway, a long-running survey showed on Friday. Read More

Norges Bank keeps rates at 4.5%, sees cut in March

Thursday 23 Jan 2025

(Sharecast News) - Norway's central bank kept interest rates unchanged on Thursday at a 17-year high of 4.5%, as it said rates will likely be cut in March. Read More

January blues hits consumer sentiment - BRC

Thursday 23 Jan 2025

(Sharecast News) - Consumer sentiment has weakened to fresh lows, a closely-watched survey suggested on Thursday, as the new year got off to a sluggish start. Read More

Government borrowing jumps to £17.8bn in December

Wednesday 22 Jan 2025

(Sharecast News) - The UK government borrowed more than expected in December, according to figures released on Wednesday by the Office for National Statistics. Read More

UK unemployment ticks higher as wage growth accelerates

Tuesday 21 Jan 2025

(Sharecast News) - UK unemployment ticked higher as vacancies shrank in the autumn, official data showed on Tuesday. Read More

Trainline shares slide on reports of possible wider contactless rollout

Monday 20 Jan 2025

(Sharecast News) - Shares in Trainline were sliding on Monday, as it emerged that the UK government was planning to expand contactless pay-as-you-go travel across the country's railway network as part... Read More

UK house prices start the year 'with a bang', says Rightmove

Monday 20 Jan 2025

(Sharecast News) - The average price of a property coming to market in January rose by 1.7% to £366,189 - the largest increase in prices at the start of the year since 2020, according to Rightmove. Read More

Chinese economic growth meets 2024 target in fourth quarter

Friday 17 Jan 2025

(Sharecast News) - China's economy exceeded expectations in the fourth quarter of 2024, expanding by 5.4% as a wave of government stimulus measures drove activity. Read More

Retail sales unexpectedly fall in December

Friday 17 Jan 2025

(Sharecast News) - UK retail sales unexpectedly fell in December, according to data released on Friday by the Office for National Statistics. Read More

Housing market ends 2024 on front foot as prices jump

Thursday 16 Jan 2025

(Sharecast News) - The UK housing market ended 2024 on a strong note, industry data showed on Thursday, with prices rising across the country. Read More

UK economy returns to growth in November

Thursday 16 Jan 2025

(Sharecast News) - The UK economy returned to growth in November last year, according to figures released on Thursday by the Office for National Statistics. Read More

UK house prices, rents continue to rise - ONS

Wednesday 15 Jan 2025

(Sharecast News) - UK house prices sparked in November, official data showed on Wednesday, on the back of robust demand for property. Read More

German economy contracts for second consecutive year