Economic News
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UK house prices drop 2.1% in December
Monday 12 Dec 2022
(Sharecast News) - UK house prices have fallen 2.1% to £359,137 so far in December as most Britons continue to hold out hope for a calmer property market in 2023. Read More
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UK's Hunt plans to repeal post-financial crisis protections in bid for 'growth'
Friday 09 Dec 2022
(Sharecast News) - The UK government has unveiled plans to water down regulations introduced to safeguard the economy after the bank-induced 2008 financial crash in an attempt to boost economic growth... Read More
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China consumer price inflation eases in November
Friday 09 Dec 2022
(Sharecast News) - Consumer inflation eased in China in November, according to figures released on Friday. Read More
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'Think carefully' before flying this Christmas, UK home secretary warns
Thursday 08 Dec 2022
(Sharecast News) - UK Home Secretary Suella Braverman has warned people to "think carefully" about flying this Christmas after UK Border Force staff voted in favour of industrial action. Read More
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UK house prices fall as borrowing costs mount
Thursday 08 Dec 2022
(Sharecast News) - House prices fell across the UK last month, a closely-watched survey showed on Thursday, as higher borrowing costs and the weakened economic outlook weighed on sentiment. Read More
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FCA fines BGC/GFI for failures connected to market abuse detection
Thursday 08 Dec 2022
(Sharecast News) - The Financial Conduct Authority has slapped inter-dealer brokers BGC Brokers, GFI Brokers, and GFI Securities a total of £4.77m for failing to ensure they had appropriate systems an... Read More
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Compensation launched for first Post Office software victims
Wednesday 07 Dec 2022
(Sharecast News) - A long fought-for compensation scheme for subpostmasters affected by the Post Office accounting software scandal was announced on Wednesday, Read More
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UK house prices suffer biggest monthly fall since October 2008 - Halifax
Wednesday 07 Dec 2022
(Sharecast News) - UK house prices suffered their biggest monthly decline in November since the global financial crisis in October 2008, amid rising mortgage rates, according to a survey released on W... Read More
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China Nov exports, imports fall more than expected
Wednesday 07 Dec 2022
(Sharecast News) - China's dollar-denominated exports in November fell a more than expected 8.7% year on year to $296bn, compared with a decline of 0.3 per cent in October, according to official data ... Read More
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Eurozone Q3 GDP revised upwards
Wednesday 07 Dec 2022
(Sharecast News) - Economic growth for the eurozone economy in the third quarter has been revised upwards from preliminary estimates, driven by fixed capital investment and household spending. Read More
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US trade deficit widens in October
Tuesday 06 Dec 2022
(Sharecast News) - The US trade deficit widened in October to $78.2bn from $74.1bn in September, according to data released on Tuesday by the Commerce Department. Read More
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EC mulls sanctions on Russia mining industry - report
Tuesday 06 Dec 2022
(Sharecast News) - The European Commission is considering banning new investments in Russia's mining sector, it was reported on Tuesday, as part of a fresh package of sanctions. Read More
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UK construction sector stumbles
Tuesday 06 Dec 2022
(Sharecast News) - The UK construction sector faltered last month, a closely-watched survey showed on Tuesday, as higher borrowing costs and the weaker economic outlook curbed demand. Read More
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Grocery inflation nudges lower for first time in 21 months
Tuesday 06 Dec 2022
(Sharecast News) - Food inflation eased marginally in November, industry data showed on Tuesday, the first decline in nearly two years. Read More
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German factory orders rise more than expected in October
Tuesday 06 Dec 2022
(Sharecast News) - German factory orders rose more than expected in October, according to figures released on Tuesday by Destatis. Read More
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Black Friday boosts high street sales
Tuesday 06 Dec 2022
(Sharecast News) - Black Friday and the colder weather helped boost high street sales last month, industry data showed on Tuesday. Read More
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Rail walkouts on track after RMT rejects pay offer
Monday 05 Dec 2022
(Sharecast News) - A spate of nationwide rail strikes over the busy festive season looked increasingly likely on Monday, after the RMT union rejected a pay offer. Read More
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Investor morale strengthens across Eurozone
Monday 05 Dec 2022
(Sharecast News) - Investor sentiment across the Eurozone has strengthened by more than expected, a closely-watched survey found on Monday. Read More
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UK to unveil City of London reform package on Friday - report
Monday 05 Dec 2022
(Sharecast News) - The UK government is reportedly set to announce a package aimed at boosting growth in financial services and the City of London on Friday. Read More
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UK retail footfall rises 5.4% week-on-week
Monday 05 Dec 2022
(Sharecast News) - Retail footfall rose in the seven days ended 3 December as consumers headed to the shops ahead of the holiday season. Read More
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