Economic News
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Government poised to cut energy support scheme for businesses
Monday 09 Jan 2023
(Sharecast News) - The government is poised to cut the amount of support it provides to help businesses with soaring energy costs. Read More
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UK manufacturers fear worst as energy costs mount - Make UK
Monday 09 Jan 2023
(Sharecast News) - The UK's manufacturing sector is at risk of increased job losses and reduced output, an industry survey warned on Monday, as surging energy costs and political instability take thei... Read More
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Eurozone unemployment unchanged at 6.5%
Monday 09 Jan 2023
(Sharecast News) - The eurozone jobless rate was unchanged at 6.5% in November, said European Union statistics agency Eurostat on Monday. Read More
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German industrial production rises touch more than expected
Monday 09 Jan 2023
(Sharecast News) - German industrial production rose a little more than expected in November, according to figures released on Monday by Destatis. Read More
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Government set to cut help for businesses against energy bills
Friday 06 Jan 2023
(Sharecast News) - Downing Street was set to slash help for businesses against their energy bills. Read More
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German factory orders slide, retail sales get a boost
Friday 06 Jan 2023
(Sharecast News) - Fresh manufacturing and retail sales data out of Germany painted a mixed picture on Friday, with factory orders plunging as retailers enjoyed a boost. Read More
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Eurozone inflation eases as energy prices fall
Friday 06 Jan 2023
(Sharecast News) - Eurozone inflation fell more sharply than expected in December as energy prices retreated, according to data released on Friday by Eurostat. Read More
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UK construction activity falls at fastest pace since May 2020
Friday 06 Jan 2023
(Sharecast News) - Activity in the UK construction sector fell in December at the fastest rate since May 2020, according to a survey released on Friday. Read More
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UK house prices fall again in December - Halifax
Friday 06 Jan 2023
(Sharecast News) - UK house prices fell in December for the fourth month in a row amid rising interest rates, according to figures released on Friday by Halifax, with prices set to drop by around 8% t... Read More
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Shell to pay $2bn in windfall tax in Q4
Friday 06 Jan 2023
(Sharecast News) - Oil giant Shell said on Friday that it expects to pay $2bn in windfall tax for the final quarter of 2022. Read More
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Bed Bath & Beyond considers bankruptcy, shares tumble
Thursday 05 Jan 2023
(Sharecast News) - Shares in Bed Bath & Beyond tanked on Thursday after the retailer said it was considering bankruptcy. Read More
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New strike laws set to ensure 'minimum service levels'
Thursday 05 Jan 2023
(Sharecast News) - New laws aimed at castrating the ability of unions to cause widespread disruption look set to be brought forward by the government, it was revealed on Thursday. Read More
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UK govt reverses plan to sell Channel 4
Thursday 05 Jan 2023
(Sharecast News) - The UK government has performed yet another u-turn and formally abandoned controversial and unpopular plans to privatise the broadcaster Channel 4. Read More
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US private sector adds more jobs than expected in December
Thursday 05 Jan 2023
(Sharecast News) - Private sector employment in the US rose more than expected in December, according to the latest data from ADP. Read More
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UK new car registrations hit lowest level since 1992
Thursday 05 Jan 2023
(Sharecast News) - UK new car registrations fell last year amid supply chain shortages, according to figures released on Thursday by the Society of Motor Manufacturers and Traders. Read More
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UK services sector remains in contraction territory
Thursday 05 Jan 2023
(Sharecast News) - The UK services sector remained in contraction territory at the end of last year, according to a survey released on Thursday. Read More
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China Caixin services PMI rises in December but remains in contraction
Thursday 05 Jan 2023
(Sharecast News) - Activity in China's services sector improved in December, but remained in contraction territory. Read More
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Mini-budget fallout sees mortgage approvals slide further
Wednesday 04 Jan 2023
(Sharecast News) - Mortgage approvals in Britain plunged much more than expected in November, according to fresh data on Wednesday, as the fallout from the ill-fated mini-budget of the short-lived Tru... Read More
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EZ final PMI contracts less than expected
Wednesday 04 Jan 2023
(Sharecast News) - Eurozone business activity contracted less than initially thought in December, according to a final PMI survey reading released on Wednesday. Read More
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Take home grocery sales top £12bn in December as retail inflation slows
Wednesday 04 Jan 2023
(Sharecast News) - Take-home grocery sales hit £12.8bn over the four weeks ended 25 December, according to Kantar, the first time in history that sales have breached the £12.0bn mark. Read More
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