Economic News
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UK car registrations rise YOY in February, business and fleet sales drive growth
Tuesday 05 Mar 2024
(Sharecast News) - New car registrations rose 14.0% to 84,886 units last month, according to the Society of Motor Manufacturers and Traders, delivering the best February performance since 2004. Read More
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China sets 2024 GDP growth target at 5pc
Tuesday 05 Mar 2024
(Sharecast News) - China revealed its growth target for 2024 overnight on Tuesday, aiming for a GDP rise of "around 5%", as per the Government Work Report released during the annual National People's ... Read More
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UK services sector growth eases in February
Tuesday 05 Mar 2024
(Sharecast News) - The UK services sector continued to grow in February, albeit at a slower pace, according to a survey released on Tuesday. Read More
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China services growth slows in February - Caixin
Tuesday 05 Mar 2024
(Sharecast News) - Growth in China's services sector slowed in February, according to a survey released on Tuesday. Read More
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UK retail sales subdued in February as wet weather provides a drag
Tuesday 05 Mar 2024
(Sharecast News) - UK retail sales growth slowed last month as volumes were dampened by the wettest February on record, according to the British Retail Consortium-KPMG Retail Sales Monitor released on... Read More
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US manufacturing conditions improve in February - S&P
Friday 01 Mar 2024
(Sharecast News) - US manufacturing conditions improved in February at the fastest pace since July 2022, according to a survey released on Friday. Read More
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UK manufacturing downturn continues amid Red Sea disruption
Friday 01 Mar 2024
(Sharecast News) - The downturn in the UK manufacturing sector continued in February amid disruption from the Red Sea crisis, according to a survey released on Friday. Read More
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EZ manufacturing activity eases slightly in Feb - PMI
Friday 01 Mar 2024
(Sharecast News) - Eurozone manufacturing activity slowed slightly in February, but signs continued that contraction in the sector was easing, according to flash estimates from a survey published on F... Read More
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House prices return to growth for first time in more than a year
Friday 01 Mar 2024
(Sharecast News) - Annual house prices in the UK returned to growth in February for the first time in more than a year following a dip in borrowing costs, according to figures released by Nationwide o... Read More
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Heavy rainfall sees retail footfall plummet
Friday 01 Mar 2024
(Sharecast News) - Retail footfall plunged last month, industry data showed on Friday, as the unusually wet weather kept shoppers at home. Read More
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OECD's Lombardelli named BoE deputy governor
Thursday 29 Feb 2024
(Sharecast News) - The Bank of England has appointed OECD chief economist Clare Lombardelli a deputy governor, it was announced on Thursday. Read More
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Mortgage approvals continue to rise - BoE
Thursday 29 Feb 2024
(Sharecast News) - Mortgage approvals pushed higher in January, official data showed on Thursday, hitting the highest level since the government's disastrous mini budget in 2022. Read More
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Profits continue to fall across UK service sector - CBI
Wednesday 28 Feb 2024
(Sharecast News) - The UK service sector continued to falter in February, an industry survey showed on Wednesday, as weak demand weighed heavily. Read More
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EasyJet to re-join FTSE 100 in latest reshuffle; Endeavour up for demotion
Wednesday 28 Feb 2024
(Sharecast News) - EasyJet is expected to make its way back into the FTSE 100 in the latest reshuffle due to be announced after the market close on Wednesday. Read More
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FCA looks to expedite cases and improve transparency
Tuesday 27 Feb 2024
(Sharecast News) - The Financial Conduct Authority (FCA) announced plans to expedite and improve the transparency of its enforcement cases on Tuesday, in a bid to increase the deterrent effect of its ... Read More
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UK shop price inflation slows to 23-month low in February
Tuesday 27 Feb 2024
(Sharecast News) - Shop price inflation in the UK fell to its lowest level in 23 months in February, according to the British Retail Consortium-NielsenIQ Shop Price Index released on Tuesday. Read More
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Business sentiment in Germany strengthens slightly
Friday 23 Feb 2024
(Sharecast News) - Investor sentiment brightened modestly in Germany this month, a closely-watched survey showed on Friday, despite the economy continuing to falter. Read More
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Energy bills to fall as Ofgem trims price cap
Friday 23 Feb 2024
(Sharecast News) - The cap on gas and electricity charges will fall from April, the energy regulator confirmed on Friday, cutting most household bills. Read More
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German economy shrinks by 0.3% in Q4, as expected
Friday 23 Feb 2024
(Sharecast News) - The German economy contracted by 0.3% on the quarter in the fourth quarter, according to data released on Friday by Destatis, in line with the initial estimate and consensus. Read More
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UK consumer confidence eases in February - GfK
Friday 23 Feb 2024
(Sharecast News) - Consumer confidence faltered in February, a closely-watched survey showed on Friday, as concerns about the economy continued to weigh heavily. Read More
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