Economic News
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Eurozone industrial production rebounds in August
Tuesday 15 Oct 2024
(Sharecast News) - Eurozone industrial production posted a robust 1.8% month-on-month increase in August, marking a significant rebound from the 0.5% contraction in July, according to fresh data from ... Read More
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China export and import growth slows further
Monday 14 Oct 2024
(Sharecast News) - China's exports and imports grew significantly less than expected in September, according to fresh data released on Monday. Read More
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UK trade balance widens in August - ONS
Friday 11 Oct 2024
(Sharecast News) - The UK's trade deficit widened in August, official data showed on Friday, after a jump in imports outstripped the rise in exports. Read More
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Sainsbury's slumps as Qatar Investment Authority places 109m shares
Friday 11 Oct 2024
(Sharecast News) - Sainsbury's slumped on Friday following reports that its biggest shareholder, Qatar Investment Authority, has placed 109m shares in the supermarket chain. Read More
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UK economy returns to growth in August
Friday 11 Oct 2024
(Sharecast News) - The UK economy returned to growth in August, according to figures released on Friday by the Office for National Statistics. Read More
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FCA fines TSB £10.9m over treatment of customers in arrears
Thursday 10 Oct 2024
(Sharecast News) - The Financial Conduct Authority (FCA) has fined TSB Bank £10.9m for failing to ensure fair treatment of customers in financial difficulty. Read More
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UK house prices push higher for first time since 2022
Thursday 10 Oct 2024
(Sharecast News) - House prices have risen across the UK for the first time in two years, a closely-watched survey showed on Thursday, as the market was buoyed by lower interest rates. Read More
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German government now projecting a second year of GDP contraction
Wednesday 09 Oct 2024
(Sharecast News) - Germany's economy is set to contract by 0.2% in 2024, marking the second consecutive year of shrinking output, according to a statement from the country's economy ministry on Wednes... Read More
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China to impose anti-dumping measures on EU brandy, drink stocks slump
Tuesday 08 Oct 2024
(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week. Read More
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Ofwat tells water firms to improve immediately in damning report
Tuesday 08 Oct 2024
(Sharecast News) - Ofwat called on the water sector to significantly improve its performance on Tuesday, after companies fell short of key environmental and service targets, costing the industry £157... Read More
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House prices rise again in September, near record highs - Halifax
Monday 07 Oct 2024
(Sharecast News) - UK house prices rose in September for the third month in a row and were close to record highs amid cheaper mortgage rates, according to figures released on Monday by Halifax. Read More
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Non-farm payrolls beat expectations, unemployment rate dips
Friday 04 Oct 2024
(Sharecast News) - The US economy added far more jobs than expected in September while the unemployment rate unexpectedly fell, dashing any expectations of a potential 50 basis points rate cut by the ... Read More
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Bank of England's Pill urges caution on rate cuts
Friday 04 Oct 2024
(Sharecast News) - Bank of England economist Huw Pill urged caution on interest rate cuts on Friday, in contrast to more dovish comments from governor Andrew Bailey. Read More
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UK construction sector grows at fastest pace in two-and-a-half years
Friday 04 Oct 2024
(Sharecast News) - The UK construction sector grew in September at its fastest pace in two-and-a-half years, according to a survey released on Friday. Read More
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Maersk among Friday's fallers as US port strike called off
Friday 04 Oct 2024
(Sharecast News) - Shares in shipping firms were in the red on Friday, with Maersk particularly affected, following the resolution of a US port strike that had initially raised hopes for a boost in gl... Read More
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Better weather boosts retail footfall - BRC
Friday 04 Oct 2024
(Sharecast News) - Retail footfall rose for the first time in over a year in September, industry data showed on Friday, as shoppers made the most of the mild weather. Read More
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CMA orders Topps Tiles to keep CTD acquisition at arm's length during probe
Thursday 03 Oct 2024
(Sharecast News) - Topps Tiles updated the market regarding its recent acquisition of CTD Tiles, which included 30 stores, selected stock, and intellectual property for £9m, on Thursday. Read More
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Eurozone economy falters as services growth softens
Thursday 03 Oct 2024
(Sharecast News) - The eurozone economy faltered in September, a closely-watched survey showed on Thursday, weighed down by slowing growth in the bloc's dominant services sector. Read More
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UK business activity growth eases; prices charged inflation slows
Thursday 03 Oct 2024
(Sharecast News) - Business activity growth eased to a three-month low in September, according to a survey released on Thursday, but prices charged inflation slowed. Read More
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Pound drops as BoE's Bailey says rate cuts could become 'more aggressive'
Thursday 03 Oct 2024
(Sharecast News) - Sterling took a hit on Thursday after Bank of England governor Andrew Bailey told the Guardian that the central bank could become a "bit more aggressive" in cutting interest rates a... Read More
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