Economic News
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UK unemployment rate rises to 4.2%; Wages up 6%
Tuesday 16 Apr 2024
(Sharecast News) - The UK's unemployment rate rose by 4.2%, official data revealed on Tuesday, with the number of people classed as "economically inactive" on the rise while employers started to cut b... Read More
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FCA tells motor finance firms to maintain their funding levels
Friday 12 Apr 2024
(Sharecast News) - The Financial Conduct Authority (FCA) wrote to motor finance firms on Friday, stressing that they must maintain adequate financial resources at all times. Read More
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UK GDP grows 0.1% in February
Friday 12 Apr 2024
(Sharecast News) - The UK economy grew a touch in February, according to figures released on Friday by the Office for National Statistics. Read More
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Rate cuts 'should be a way off' - BoE's Greene
Thursday 11 Apr 2024
(Sharecast News) - The Bank of England's Megan Greene has cautioned against near-term cuts to interest rates, citing ongoing inflationary pressures. Read More
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Sluggish Chinese inflation nudges higher
Thursday 11 Apr 2024
(Sharecast News) - Inflation in China nudged marginally higher last month, official data showed on Thursday, missing forecasts. Read More
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Strong buyer demand boosts UK housing market - RICS
Thursday 11 Apr 2024
(Sharecast News) - The UK housing market continued to strengthen last month, an industry survey showed on Thursday, as prices stabilised and buyer demand improved. Read More
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Strong buyer demand boosts UK housing market - RICS
Thursday 11 Apr 2024
(Sharecast News) - The UK housing market continued to strengthen last month, an industry survey showed on Thursday, as prices stabilised and buyer demand improved. Read More
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Fitch cuts China outlook to 'negative'
Wednesday 10 Apr 2024
(Sharecast News) - Fitch Ratings has cut its outlook on China to 'negative' on the back of the country's increasingly uncertain economic prospects. Read More
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Macquarie emerges as a lender to Thames Water parent
Tuesday 09 Apr 2024
(Sharecast News) - Australian investment bank Macquarie emerged as one of the lenders involved in Thames Water's financial struggles on Tuesday, seven years after its ownership of the utility ended. Read More
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UK retail sales growth hits eight-month high in March
Tuesday 09 Apr 2024
(Sharecast News) - The unusually early Easter holidays gave the UK retail sector a big boost in March, according to the British Retail Consortium-KPMG Retail Sales Monitor released on Tuesday Read More
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TSMC strikes $11.6bn deal with White House to expand AZ plans
Monday 08 Apr 2024
(Sharecast News) - TSMC, the world's largest chipmaker, has struck an $11.6bn deal with the United States to bolster president Joe Biden's ambitions in AI chip development, it was revealed on Monday. Read More
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US economy adds more jobs than expected in March
Friday 05 Apr 2024
(Sharecast News) - The US economy added more jobs than expected in March, while the unemployment rate ticked lower, according to figures released on Friday by the Commerce Department. Read More
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UK construction sector returns to growth in March
Friday 05 Apr 2024
(Sharecast News) - The UK construction sector returned to growth in March, according to a survey released on Friday. Read More
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House prices fall for first time in six months - Halifax
Friday 05 Apr 2024
(Sharecast News) - UK house prices fell for the first time in six months in March as the drop in mortgage rates stalled, according to figures released by Halifax on Friday. Read More
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New property listings surged before Easter, says Rightmove
Friday 05 Apr 2024
(Sharecast News) - The number of people selling their homes in the UK surged over Easter, according to new data from Rightmove, with the property portal seeing its busiest day for new listings so far ... Read More
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Aslef calls off next week's Tube strikes
Thursday 04 Apr 2024
(Sharecast News) - Impending strikes on the London Underground, scheduled to start next week, were called off on Thursday by the train driver's union, Aslef. Read More
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UK business activity continues to expand, albeit less than expected
Thursday 04 Apr 2024
(Sharecast News) - UK business activity continued to expand in March, albeit less than expected, according to a survey released on Thursday. Read More
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UK new car registrations up 10.4% in March
Thursday 04 Apr 2024
(Sharecast News) - UK new car registrations rose 10.4% in March, according to the Society of Motor Manufacturers, as carmakers shored up electrified demand. Read More
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US private sector adds more jobs than expected in March - ADP
Wednesday 03 Apr 2024
(Sharecast News) - Private sector employment in the US rose more than expected in March, according to figures released on Wednesday by the ADP. Read More
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China's Caixin services PMI ticks up as expected in March
Wednesday 03 Apr 2024
(Sharecast News) - Activity in China's services sector grew as expected in March, according to figures released on Wednesday. Read More
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