Economic News
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UK retail footfall up just 1.6% in lead-up to Black Friday
Monday 21 Nov 2022
(Sharecast News) - Retail footfall grew just 1.6% week-on-week in the seven days ended 19 November, according to retail experts Springboard, with consumers seemingly yet to make the most of already li... Read More
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Sunak rules out Swiss-style deal with EU
Monday 21 Nov 2022
(Sharecast News) - Prime Minister Rishi Sunak insisted on Monday that the UK would not pursue any Swiss-style deals with the European Union. Read More
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German producer prices fall for first time in two years
Monday 21 Nov 2022
(Sharecast News) - Producer prices unexpectedly fell in Germany last month, official data showed on Monday, after energy costs eased. Read More
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China holds interest rates
Monday 21 Nov 2022
(Sharecast News) - China held benchmark lending rates on Monday, the People's Bank of China said on Monday. Read More
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Black Friday footfall forecast to jump
Monday 21 Nov 2022
(Sharecast News) - Black Friday footfall is expected to be up sharply on the previous year, according to industry research published on Monday, as hard-pressed shoppers seek out bargains. Read More
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Britons face decades of high taxes after govt 'own goals' - IFS
Friday 18 Nov 2022
(Sharecast News) - Britons will face "several decades" of high taxes as a result of "own goals" on economic policy by successive Conservative governments, an influential think tank said on Friday. Read More
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UK consumer confidence nudges higher as political turmoil eases
Friday 18 Nov 2022
(Sharecast News) - UK consumer confidence nudged higher in November, a closely-watched survey showed on Friday. Read More
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UK retail sales nudge higher in October
Friday 18 Nov 2022
(Sharecast News) - Retail sales volumes nudged higher in October, official figures showed on Friday, partially reversing September's fall. Read More
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Budget roundup: Hunt punts on deferred pain with eye on election
Thursday 17 Nov 2022
(Sharecast News) - Britons face almost a decade of economic growth being wiped out as their living standards collapse after the government imposed more austerity on hard-pressed taxpayers - this time ... Read More
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London Overground strike action suspended
Thursday 17 Nov 2022
(Sharecast News) - Strike action by London Overground train drivers due to take place on 26 November has been suspended. Read More
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Bulb administration costs soar to £6.5bn
Thursday 17 Nov 2022
(Sharecast News) - The taxpayer bill for bailing out failed energy supplier Bulb has surged to £6.5bn, according to official documents released on Thursday. Read More
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Hunt: UK already in recession
Thursday 17 Nov 2022
(Sharecast News) - Chancellor Jeremy Hunt confirmed the UK was already in recession on Thursday, as he unveiled a £55bn package of higher taxes and spending cuts in his first autumn budget. Read More
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Lidl attracts £58m more spending from big four grocers
Thursday 17 Nov 2022
(Sharecast News) - Discount grocer Lidl claimed in an update on Thursday that British shoppers had switched £58m worth of spending from the 'big four' supermarkets - Tesco, J Sainsbury, Asda and Wm Mo... Read More
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Eurozone October inflation revised lower but still a record high
Thursday 17 Nov 2022
(Sharecast News) - Eurozone inflation was a touch lower than initially estimated in October but still at a record high amid surging energy prices, according to figures released on Thursday by Eurostat... Read More
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US home builder sentiment falls again in November - NAHB
Wednesday 16 Nov 2022
(Sharecast News) - US home builder sentiment fell in November for the 11th month in a row amid high interest rates and rising costs, according to the National Association of Home Builders. Read More
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UK rail union members vote to renew strike action
Wednesday 16 Nov 2022
(Sharecast News) - British rail workers have voted to continue taking industrial action in their ongoing dispute over pay and jobs, their union said on Wednesday. Read More
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UK house price growth stalls
Wednesday 16 Nov 2022
(Sharecast News) - UK house price growth slowed sharply in September, official data showed on Wednesday, adding to the deepening economic gloom. Read More
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UK inflation hits 41-year high in October
Wednesday 16 Nov 2022
(Sharecast News) - Inflation once again surged in October, official data showed on Wednesday, coming in well above expectations. Read More
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Empire State manufacturing index improves more than expected
Tuesday 15 Nov 2022
(Sharecast News) - Manufacturing activity in the New York area improved a lot more than expected in November, according to a survey released on Tuesday. Read More
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UK company insolvencies spike as economy falters
Tuesday 15 Nov 2022
(Sharecast News) - The number of insolvencies in the UK spiked last month, official figures showed on Tuesday, as the economic downturn took its toll. Read More
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