Economic News
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UK inflation unexpectedly falls in December
Wednesday 15 Jan 2025
(Sharecast News) - UK inflation unexpectedly eased in December after two months of increases, according to data released on Wednesday by the Office for National Statistics. Read More
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Key gilt auction three times over-subscribed
Tuesday 14 Jan 2025
(Sharecast News) - A closely-watched auction of government debt was three times over-subscribed, the Debt Management Office confirmed on Tuesday. Read More
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China trade surplus hits almost $1trln as tariff war looms
Monday 13 Jan 2025
(Sharecast News) - China said its trade surplus reached almost $1trln last year as its exports continued to dominate with a potential trade war looming days ahead of Donald Trump's inauguration as US ... Read More
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RMT boss Mick Lynch announces his retirement
Thursday 09 Jan 2025
(Sharecast News) - Rail, Maritime and Transport Workers (RMT) union general secretary Mick Lynch announced his retirement at the age of 63 on Thursday. Read More
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Prices and wages set to rise in 2025 - BofE survey
Thursday 09 Jan 2025
(Sharecast News) - Firms expect to put up prices in 2025, a survey showed on Thursday, as they juggle a raft of fresh costs, including increased National Insurance contributions. Read More
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Eurozone retail sales disappoint in November
Thursday 09 Jan 2025
(Sharecast News) - Eurozone retail sales grew by less than expected in November, official data showed on Thursday, as the bloc's economy continued to struggle. Read More
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'Challenging' end to 2024 weighs heavily on financial services - CBI
Thursday 09 Jan 2025
(Sharecast News) - Optimism in the UK financial services sector has collapsed, a survey showed on Thursday, despite growing business volumes. Read More
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Shop prices pushed lower by discounting in December - BRC
Thursday 09 Jan 2025
(Sharecast News) - Shop prices continued to fall in December, industry research showed on Thursday, driven by heavy discounting. Read More
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US private sector adds fewer jobs than expected in December - ADP
Wednesday 08 Jan 2025
(Sharecast News) - Private sector employment in the US rose less than expected in December, according to data released on Wednesday by ADP. Read More
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Trump could declare emergency to justify tariffs - report
Wednesday 08 Jan 2025
(Sharecast News) - US president-elect Donald Trump is exploring the option of declaring a national economic emergency to justify implementing a broad new tariff programme, it emerged on Wednesday, acc... Read More
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UK shoppers splurge on festive food and drink - NIQ
Wednesday 08 Jan 2025
(Sharecast News) - UK consumers splashed out a record £14.6bn on food and drink in the run-up to Christmas, industry research showed on Wednesday. Read More
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Pace of growth slows across UK construction sector - PMI
Tuesday 07 Jan 2025
(Sharecast News) - Growth across the UK's construction sector slowed as 2024 came to an end, a closely-watched survey showed on Tuesday, dragged lower by house building. Read More
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UK food and drink sales surge over Christmas
Tuesday 07 Jan 2025
(Sharecast News) - Household grocery spending hit a record high over Christmas, industry data showed on Tuesday, as shoppers snapped up festive food and drink. Read More
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UK house prices fall in December but end the year higher - Halifax
Tuesday 07 Jan 2025
(Sharecast News) - UK house prices fell in December 2024 for the first time since March but ended the year in the black, according to data released by Halifax on Tuesday. Read More
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UK retailers finish lacklustre 2024 with 'minimal' growth
Tuesday 07 Jan 2025
(Sharecast News) - The UK retail sector experienced a lacklustre 2024, according to fresh data released on Tuesday, with total sales growth slowing down to 0.7% compared to the prior year. Read More
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HSBC appoints Lisa McGeough as US CEO
Monday 06 Jan 2025
(Sharecast News) - HSBC said on Monday that it has appointed Lisa McGeough as president and chief executive officer for the US, with effect from 1 January. Read More
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Nippon Steel, US Steel sue over Biden's blocking of $15bn deal
Monday 06 Jan 2025
(Sharecast News) - Nippon Steel and US Steel have filed a federal lawsuit in the United States, it emerged on Monday, contesting the Biden administration's decision to block a proposed $15bn acquisiti... Read More
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Trump aides said to be preparing more targeted tariffs
Monday 06 Jan 2025
(Sharecast News) - US President-elect Donald Trump's aides are reportedly exploring more targeted tariff plans. Read More
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UK service sector employment falls at fastest pace in nearly four years
Monday 06 Jan 2025
(Sharecast News) - Business activity in the UK barely grew in December, while employment in the service sector fell at its fastest pace in nearly four years, according to a survey released on Monday. Read More
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UK business confidence hammered by budget tax changes, says BCC
Monday 06 Jan 2025
(Sharecast News) - Proposed tax changes in the Autumn Budget have pushed business confidence to its lowest level in more than two years, according to the British Chambers of Commerce, with more than h... Read More
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