Economic News
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House prices fall across 80% of the UK - Zoopla
Monday 30 Oct 2023
(Sharecast News) - House prices fell across roughly 80% of the UK so far this year, according to property portal Zoopla, with the rising cost of borrowing and a squeeze on household incomes weighing o... Read More
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UK mortgage approvals fall to lowest level since January
Monday 30 Oct 2023
(Sharecast News) - UK mortgage approvals fell in September to their lowest level since January, dented by rising borrowing costs, according to figures released on Monday by the Bank of England. Read More
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Fed's preferred inflation gauge eases in September
Friday 27 Oct 2023
(Sharecast News) - The US Federal Reserve's preferred inflation gauge eased in September, according to figures released on Friday by the Commerce Department. Read More
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High street sales edge higher after recent falls - BDO
Friday 27 Oct 2023
(Sharecast News) - High street sales rose slightly last week after three straight weeks of declines, as online growth made up for weakness in store. Read More
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ECB leaves interest rates on hold, as expected
Thursday 26 Oct 2023
(Sharecast News) - The European Central Bank left interest rates on hold on Thursday, as widely expected, after 10 consecutive hikes. Read More
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Retail sales slide for sixth consecutive month - CBI
Thursday 26 Oct 2023
(Sharecast News) - Retail sales volumes tumbled in October, industry research showed on Thursday, as higher interest rates and cost of living pressures continued to weigh heavily. Read More
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UK car output up 40% in September, as SMMT calls for delay to Brexit tariffs
Thursday 26 Oct 2023
(Sharecast News) - UK carmakers increased output by nearly 40% in September, but industry leaders have warned of the imminent threat of new Brexit rules that could see the cost of electric vehicles ri... Read More
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FCA warns of common issues with crypto marketing
Wednesday 25 Oct 2023
(Sharecast News) - Financial watchdog the Financial Conduct Authority warned about common issues with crypto marketing on Wednesday after a change in legislation brought cryptoasset promotions under i... Read More
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German business sentiment surprises on the upside
Wednesday 25 Oct 2023
(Sharecast News) - Business sentiment in Germany strengthened in October, a closely-watched survey showed on Wednesday. Read More
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China approves £110bn sovereign bond issue
Wednesday 25 Oct 2023
(Sharecast News) - Beijing has backed a major sovereign bond issue as the authorities look to boost China's faltering economy. Read More
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US business activity picks up a little in October
Tuesday 24 Oct 2023
(Sharecast News) - US business activity picked up a little in October, while inflationary pressures eased, according to a survey out on Tuesday. Read More
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UK regulators set to remove cap on banker bonuses
Tuesday 24 Oct 2023
(Sharecast News) - The Prudential Regulation Authority (PRA) has removed a limit on bonuses in the banking sector after finding that pay and "allowances" have been creeping up over the past decade. Read More
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UK manufacturing orders suffer worst monthly fall since January 2021
Tuesday 24 Oct 2023
(Sharecast News) - UK manufacturers saw the worst monthly fall in orders in October since January 2021, according to a survey released earlier by the Confederation of British Industry. Read More
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UK private sector activity declines again in October
Tuesday 24 Oct 2023
(Sharecast News) - Business activity in the UK services sector fell again in October, according to a survey released on Tuesday. Read More
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UK unemployment rate ticks higher
Tuesday 24 Oct 2023
(Sharecast News) - The UK unemployment rate ticked up to 4.2% in the three months to August from 4.0% in the three months to July, according to figures released on Tuesday by the Office for National S... Read More
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High street sales fall back - BDO
Friday 20 Oct 2023
(Sharecast News) - UK high street sales fell sharply last week, research showed on Friday, as pressure continued to mount on the retail sector. Read More
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Gold and oil prices jump on geopolitical unrest
Friday 20 Oct 2023
(Sharecast News) - Commodity prices continued to rise on Friday, as tensions escalated across the Middle East. Read More
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China leaves benchmark rates unchanged
Friday 20 Oct 2023
(Sharecast News) - China's central bank left the cost of borrowing unchanged on Friday, as the country's economy showed signs of stabilising. Read More
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UK public borrowing unexpectedly shrinks in September
Friday 20 Oct 2023
(Sharecast News) - UK government borrowing unexpectedly fell last month, but still managed to record the sixth-highest level since records began. Read More
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German producer prices suffer worst year-on-year drop on record
Friday 20 Oct 2023
(Sharecast News) - German producer prices suffered their worst year-on-year fall in September since records began in 1949, according to figures released by Destatis on Friday. Read More
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