Economic News
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Heathrow sets new monthly record for passenger numbers in August
Wednesday 11 Sep 2024
(Sharecast News) - British airport Heathrow said on Wednesday that it had set a new monthly record for passenger numbers in August, with 7.97m people passing through its gates last month. Read More
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UK economy continues to flatline in July
Wednesday 11 Sep 2024
(Sharecast News) - The UK economy continued to stagnate in July, according to figures released on Wednesday by the Office for National Statistics. Read More
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EU court upholds EUR 2.4bn Google antitrust fine
Tuesday 10 Sep 2024
(Sharecast News) - Google found itself on the losing end of a significant European legal battle on Tuesday, as the EU's Court of Justice upheld a €2.4bn fine imposed on the company for antitrust... Read More
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UK grocery inflation dips to 1.7% - Kantar
Tuesday 10 Sep 2024
(Sharecast News) - UK grocery inflation fell in the four weeks to 1 September, according to data released by Kantar on Tuesday. Read More
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UK pay growth cools, unemployment rate falls to six-month low
Tuesday 10 Sep 2024
(Sharecast News) - UK pay growth cooled in the three months to July, while the unemployment rate fell to a six-month low, according to figures released on Tuesday by the Office for National Statistics... Read More
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Government close to finalising £1.25bn Tata Port Talbot deal
Monday 09 Sep 2024
(Sharecast News) - The UK government is close to finalising a £1.25bn deal with Tata Steel to support the transition of its Port Talbot steelworks to more environmentally-friendly operations, it emerg... Read More
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Rate cut expectations boost UK business confidence
Monday 09 Sep 2024
(Sharecast News) - UK businesses were experiencing a sustained period of growth, driven by robust performance in the services sector, despite ongoing challenges in the labour market, according to a fr... Read More
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China consumer prices rise less than expected, producer prices deflate
Monday 09 Sep 2024
(Sharecast News) - China's consumer inflation saw a modest increase in August, with the consumer price index (CPI) rising 0.6% year-on-year, up slightly from July's 0.5%. Read More
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Google abusing dominant position in online advertising - CMA
Friday 06 Sep 2024
(Sharecast News) - The UK competition watchdog has accused Alphabet's Google of using its dominant position in digital advertising to hinder competition and favour its own services. Read More
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Eurozone GDP growth revised down
Friday 06 Sep 2024
(Sharecast News) - The Eurozone economy expanded only marginally in the second quarter, official data showed on Friday, as growth struggled to take hold. Read More
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German industrial production falls more than expected in July
Friday 06 Sep 2024
(Sharecast News) - German industrial production fell much more than expected in July, according to data released on Friday by Destatis. Read More
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House prices pick up to two-year high - Halifax
Friday 06 Sep 2024
(Sharecast News) - UK house prices edged up to a two-year high in August as confidence picked up amid easing interest rates, according to figures released by Halifax on Friday. Read More
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CMA launches probe into Ticketmaster over Oasis ticket sales
Thursday 05 Sep 2024
(Sharecast News) - The Competition and Markets Authority has launched an investigation into Ticketmaster follow the sale of tickets for legendary British rock band Oasis' upcoming reunion tour, includ... Read More
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Eurozone retail sales struggle in July
Thursday 05 Sep 2024
(Sharecast News) - Eurozone retail sales edged only marginally higher in July, official data showed on Thursday, as a recovery struggled to take hold. Read More
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UK new car registrations fall slightly in August ahead of new plates
Thursday 05 Sep 2024
(Sharecast News) - New car registrations fell slightly across the UK in August, according to the Society of Motor Manufacturers and Traders, as buyers held off until next month's new number plates. Read More
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UK construction sector 'turns corner' - PMI
Thursday 05 Sep 2024
(Sharecast News) - The UK construction sector's recovery continued in August, a closely-watched survey showed on Thursday, although the rate of expansion eased. Read More
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Eurozone construction new orders fall 'markedly' - PMI survey
Thursday 05 Sep 2024
(Sharecast News) - Construction activity in the eurozone remained in the doldrums during August with a sharp fall in new orders and rising prices causing concern as employers laid off staff, according... Read More
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Bank of Canada cuts rates for third time in a row, to 4.25%
Wednesday 04 Sep 2024
(Sharecast News) - The Bank of Canada cut its benchmark rate on Wednesday to 4.25% from 4.5%, in line with economists' expectations, amid easing inflationary pressures. Read More
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UK regulator mulling cut to fraud refund cap after industry pressure
Wednesday 04 Sep 2024
(Sharecast News) - The UK's payments regulator has proposed slashing the maximum amount banks and fintechs would have to reimburse fraud victims after industry pressure to review the cap. Read More
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FCA encourages account providers to do more to support vulnerable customers
Wednesday 04 Sep 2024
(Sharecast News) - Financial watchdog The Financial Conduct Authority has encouraged account providers to do more to support those who want a bank account but don't have one, such as working with home... Read More
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