Economic News
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Riksbank stands pat on rates, signals up to three more cuts this year
Thursday 27 Jun 2024
(Sharecast News) - Sweden's central bank held its key interest rate at 3.75% on Thursday, as widely expected, and said that monetary policy should be adjusted "gradually". Read More
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UK retail sales slide in June - CBI
Wednesday 26 Jun 2024
(Sharecast News) - UK retail sales fell in June, an industry survey showed on Wednesday, reversing May's short-lived uplift. Read More
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EU calls Microsoft's bundling of Teams 'abusive'
Tuesday 25 Jun 2024
(Sharecast News) - The European Union (EU) accused Microsoft of violating competition regulations on Tuesday, through the "abusive" bundling of its Teams and Office products. Read More
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Getir shareholders reportedly approve company's split
Monday 24 Jun 2024
(Sharecast News) - Shareholders of Turkish rapid grocery delivery giant Getir have endorsed a major restructuring plan that would see it split into two separate entities and receive a significant capi... Read More
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UK manufacturing output broadly unchanged in June quarter
Monday 24 Jun 2024
(Sharecast News) - Manufacturers in the UK reported that output volumes remained broadly unchanged in the three months leading up to June, according to the latest industrial trends survey released by ... Read More
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German business sentiment deteriorates in June - Ifo
Monday 24 Jun 2024
(Sharecast News) - German business sentiment deteriorated in June, according to a survey released on Monday by the Ifo Institute. Read More
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German business sentiment deteriorates in June - Ifo
Monday 24 Jun 2024
(Sharecast News) - German business sentiment deteriorated in June, according to a survey released on Monday by the Ifo Institute. Read More
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First time mortgage payments up 61% since last election - Rightmove
Monday 24 Jun 2024
(Sharecast News) - First-time buyers have seen mortgage payments soar by nearly two thirds since the last general election, industry research showed on Monday. Read More
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Tata workers to stage first UK steel strike in over 40 years
Friday 21 Jun 2024
(Sharecast News) - Trade union Unite announced on Friday that around 1,500 Tata workers based in Port Talbot and Llanwern would start an all-out indefinite strike, starting on 8 July. Read More
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Election nerves cast shadow over UK economy - PMI
Friday 21 Jun 2024
(Sharecast News) - Growth in the UK private sector unexpectedly slowed in June, a closely-watched survey showed on Friday, as uncertainty around the general election weighed on business. Read More
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Eurozone recovery unexpectedly slows - PMI
Friday 21 Jun 2024
(Sharecast News) - The eurozone's nascent economic recovery unexpectedly slowed in June, official data showed on Friday, weighed down by weakness in the manufacturing sector. Read More
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UK retail sales rise more than expected in May
Friday 21 Jun 2024
(Sharecast News) - UK retail sales rose more than expected in May, according to figures released on Friday by the Office for National Statistics. Read More
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UK government borrowing below forecasts but debt hits 63-year high
Friday 21 Jun 2024
(Sharecast News) - Underlying public-sector borrowing came in slightly lower than government forecasts last month, but still registered the third highest figure for a May on record, while debt swelled... Read More
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UK consumer confidence pushes higher - GfK
Friday 21 Jun 2024
(Sharecast News) - UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground. Read More
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UK consumer confidence pushes higher - GfK
Friday 21 Jun 2024
(Sharecast News) - UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground. Read More
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UK consumer confidence pushes higher - GfK
Friday 21 Jun 2024
(Sharecast News) - UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground. Read More
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Bank of England leaves rates on hold
Thursday 20 Jun 2024
(Sharecast News) - The Bank of England left interest rates on hold on Thursday, as widely expected, despite falling inflation. Read More
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Trading apps found to encourage risk-taking as FCA keeps platforms under review
Thursday 20 Jun 2024
(Sharecast News) - UK financial regulators have announced that they are keeping trading apps under review over concerns that they are encouraging risk-taking among users. Read More
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Sales of electric vehicles fall in Europe
Thursday 20 Jun 2024
(Sharecast News) - Sales of battery-powered electric cars in the European Union fell sharply in May, industry data showed on Thursday, as demand in Germany softened notably. Read More
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Switzerland cuts interest rates again
Thursday 20 Jun 2024
(Sharecast News) - The Swiss National Bank cut its key rate on Thursday to 1.25% from 1.5%. Read More
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