Economic News
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Sentiment picks up across UK manufacturing - CBI
Wednesday 24 Apr 2024
(Sharecast News) - Sentiment across the UK manufacturing sector improved in April, an industry survey showed on Wednesday, as output steadied. Read More
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German business sentiment improves in April - Ifo
Wednesday 24 Apr 2024
(Sharecast News) - German business sentiment improved in April, according to a survey released on Wednesday by the Ifo Institute. Read More
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BoE's Huw Pill says rate cuts still some way off
Tuesday 23 Apr 2024
(Sharecast News) - The Bank of England's chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off". Read More
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Tesla announces plans to cut 400 jobs in Germany
Tuesday 23 Apr 2024
(Sharecast News) - Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce. Read More
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First rate cut still some way off, BoE's Pill says
Tuesday 23 Apr 2024
(Sharecast News) - The Bank of England's first interest rate cut of the current cycle remains some way off, its chief economist said. Read More
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First rate cut still some way off, BoE's Pill says
Tuesday 23 Apr 2024
(Sharecast News) - The Bank of England's first interest rate cut of the current cycle remains some way off, its chief economist said. Read More
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UK private sector output expands, cost pressures loom
Tuesday 23 Apr 2024
(Sharecast News) - Britain's private sector saw robust expansion in April, according to fresh data on Tuesday, marking the sixth consecutive month of growth. Read More
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Eurozone business activity grows at fastest rate for a nearly a year
Tuesday 23 Apr 2024
(Sharecast News) - Business activity in the eurozone grew at the fastest pace for nearly a year in April, according to preliminary data released on Tuesday. Read More
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Shoppers clamber for deals as grocery inflation slows further
Tuesday 23 Apr 2024
(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday. Read More
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UK govt's tax cut plans hit as March borrowing comes in higher-than-expected
Tuesday 23 Apr 2024
(Sharecast News) - UK government borrowing overshot forecasts in March, producing a budget deficit that was £6.6bn higher than expected, official data revealed on Tuesday, damaging plans for a pre-ele... Read More
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Thames Water looks to hike consumer bills by as much as 44%
Monday 22 Apr 2024
(Sharecast News) - Heavily indebted utility provider Thames Water will look to convince industry regulator Ofwat to allow it to hike consumer bills by as much as 44% over the next five years. Read More
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UK house prices grow at fastest annual pace in a year - Rightmove
Monday 22 Apr 2024
(Sharecast News) - The average asking price of a UK home rose at its fastest annual pace in a year in April, with "top-of-the-ladder" homes seeing the biggest growth in activity, according to a survey... Read More
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Thames Water plans to raise bills by 56pc - reports
Friday 19 Apr 2024
(Sharecast News) - Thames Water has submitted a revised business plan to regulators, proposing an increase in bills of 56%, it was reported on Friday. Read More
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UK consumer confidence hits best level in two years - Deloitte
Friday 19 Apr 2024
(Sharecast News) - UK consumer confidence hit its highest level in two years in the first quarter of 2024 as inflation eased, according to a survey released by Deloitte on Friday. Read More
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UK retail sales stagnate in March
Friday 19 Apr 2024
(Sharecast News) - UK retail sales were flat in March, undershooting expectations, according to figures released on Friday by the Office for National Statistics. Read More
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Eurozone construction jumps in February
Thursday 18 Apr 2024
(Sharecast News) - Eurozone construction sparked in February, official data showed on Thursday, up notably on the previous month. Read More
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UK house price decline eases, but rents grow at record rate
Wednesday 17 Apr 2024
(Sharecast News) - The annual fall in UK house prices eased to just 0.2% in February, its lowest rate of decline in eight months, according to figures released on Wednesday by the Office for National ... Read More
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UK inflation at lowest since September 2021, but falls less than expected
Wednesday 17 Apr 2024
(Sharecast News) - UK inflation fell to its lowest in three and a half years last month, but eased less than expected, which is likely to prompt caution from the Bank of England to get price pressures... Read More
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Incoming MPC member says rate cuts are "the direction of travel"
Tuesday 16 Apr 2024
(Sharecast News) - Interest rate cuts by central banks across Europe is "the direction of travel", according to the incoming deputy governor of monetary policy at the Bank of England, though the timin... Read More
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Germany investor morale strengthens in April - ZEW
Tuesday 16 Apr 2024
(Sharecast News) - Investor morale in Germany improved by more than expected this month, a closely-watched survey showed on Tuesday. Read More
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