Economic News
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Government minded to green light Gatwick expansion
Thursday 27 Feb 2025
(Sharecast News) - The UK government is poised to approve a second runway at Gatwick, it was confirmed on Thursday, just weeks after the chancellor back a similar expansion at Heathrow. Read More
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Trump threatens 25% tariffs on EU imports
Thursday 27 Feb 2025
(Sharecast News) - Donald Trump has confirmed he plans to impose 25% tariffs on the European Union, claiming the bloc was "formed to screw the United States". Read More
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Dry January, cautious spending dampen UK hospitality sales
Thursday 27 Feb 2025
(Sharecast News) - Restaurant, pub and bar sales in the UK retreated last month with analysts blaming Dry January and the Christmas squeeze on consumer spending. Read More
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German consumer sentiment set to deteriorate in March
Wednesday 26 Feb 2025
(Sharecast News) - German consumer sentiment was set to deteriorate in March, according to a survey released on Wednesday by GfK and the Nuremberg Institute for Market Decisions (NIM). Read More
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One in 10 part-time retail jobs at risk, warns industry
Wednesday 26 Feb 2025
(Sharecast News) - As many as one in 10 part-time retail workers could lose their jobs as a result of upcoming regulatory changes, it emerged on Tuesday, in a stark warning from the industry as to the... Read More
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UK govt slashes aid budget to pay for rise in defence spending
Tuesday 25 Feb 2025
(Sharecast News) - Britain's international aid budget is being slashed to fund an increase in defence spending to 2.5% of GDP from 2027, Prime Minister Keir Starmer said on Tuesday. Read More
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German business sentiment stagnates - Ifo
Monday 24 Feb 2025
(Sharecast News) - German business sentiment was unchanged in February, according to a survey released on Monday by the Ifo Institute. Read More
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UK lenders 'paid car dealers' up front in pricier loan deals - report
Friday 21 Feb 2025
(Sharecast News) - UK lenders paid "advance commissions" to car dealers that may have encouraged them to push costlier loans on to consumers, the Guardian reported, citing legal filings linked to the ... Read More
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UK private-sector growth softens as manufacturing PMI hits 15-month low
Friday 21 Feb 2025
(Sharecast News) - Private-sector activity growth in the UK eased slightly in February, according to the latest purchasing managers' index from S&P Global, driven by the sharpest contraction in manufa... Read More
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CMA fines four major banks after traders share sensitive information
Friday 21 Feb 2025
(Sharecast News) - Four major banks had reached an agreement with the Competition and Markets Authority to pay combined fines of more than £104.0m after the watchdog found that traders had shared sens... Read More
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January's budget surplus biggest on record but misses forecasts
Friday 21 Feb 2025
(Sharecast News) - January's monthly budget surplus was the biggest on record but missed expectations, according to figures released on Friday by the Office for National Statistics. Read More
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Retail sales rebound more strongly than expected in January
Friday 21 Feb 2025
(Sharecast News) - Retail sales bounced back more than expected last month, according to figures released on Friday by the Office for National Statistics. Read More
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UK consumer confidence improves, but economic concerns linger
Friday 21 Feb 2025
(Sharecast News) - Consumer confidence in the UK increased month-on-month in February, according to fresh survey data released on Friday, although concerns around the state of the economy put a dampen... Read More
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Manufacturing output volumes fall again but expectations turn positive - CBI
Thursday 20 Feb 2025
(Sharecast News) - Manufacturing output volumes fell again in the quarter to February, but expectations turned positive, according to the latest industrial trends survey released on Thursday by the Co... Read More
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Eurozone construction output stable in December
Thursday 20 Feb 2025
(Sharecast News) - Production in the eurozone construction sector remained stable in December, while rising by 0.4% in the wider European Union, according to preliminary data released by Eurostat on T... Read More
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German producer prices rise 0.5pc in January
Thursday 20 Feb 2025
(Sharecast News) - Germany's producer prices rose 0.5% in January compared to the same month in 2024, according to fresh data released on Thursday by the Federal Statistical Office, Destatis. Read More
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UK confidence drops as consumers sour on economic outlook, finances
Thursday 20 Feb 2025
(Sharecast News) - Consumer confidence in the UK worsened this month, according to a survey from the British Retail Consortium (BRC) on Thursday, with views about the economic situation and personal f... Read More
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UK house price growth accelerates in December - ONS
Wednesday 19 Feb 2025
(Sharecast News) - Growth in average UK house prices accelerated in December, according to data released on Wednesday by the Office for National Statistics. Read More
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RBNZ slashes cash rate but warns on slower global growth, trade wars
Wednesday 19 Feb 2025
(Sharecast News) - New Zealand's central bank slashed its benchmark interest rate by 50 basis points on Wednesday but warned on geopolitical tensions and slower global growth. Read More
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Inflation hits higher-than-expected 3% in January
Wednesday 19 Feb 2025
(Sharecast News) - The annual rate of consumer price inflation rose to 3% in January from 2.5% the month before, versus expectations for a smaller uptick to 2.8%, according to figures released on Wedn... Read More
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