Economic News
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US composite PMI shows robust expansion for November
Friday 22 Nov 2024
(Sharecast News) - The US economy showed signs of robust expansion in November, with S&P Global's composite purchasing managers' index (PMI) reaching a 31-month high of 55.3, up from October's 54.1. Read More
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CMA says Apple's browser policies hinder innovation
Friday 22 Nov 2024
(Sharecast News) - The Competition and Markets Authority (CMA) announced on Friday that it has provisionally found that Apple's policies on mobile browsers hinder innovation, impacting UK businesses a... Read More
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Gatwick Airport terminal evacuated amid 'security incident'
Friday 22 Nov 2024
(Sharecast News) - A large part of Gatwick Airport's South Terminal was evacuated on Friday morning due to a "security incident". Read More
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Life insurers need to work quicker to handle bereavements, says FCA
Friday 22 Nov 2024
(Sharecast News) - The Financial Conduct Authority has urged life insurers to avoid "unnecessary delays" when settling life insurance claims quicker and improve their customer experience. Read More
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Gensler confirms departure as SEC chief next January
Friday 22 Nov 2024
(Sharecast News) - US financial regulator chief Gary Gensler on Friday said he would stand down when president-elect Donald Trump is inaugurated in January. Read More
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UK business output contracts in November
Friday 22 Nov 2024
(Sharecast News) - UK business output contracted in November for the first time in more than a year, according to a survey released on Friday. Read More
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Ofgem hikes energy price cap to £1,738 per year
Friday 22 Nov 2024
(Sharecast News) - Th energy price cap for the first quarter of 2025 has been raised by 1.2%, according to a statement on Friday by Ofgem, meaning that the average household could pay up to £1,738 a y... Read More
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UK retail sales fall more than expected
Friday 22 Nov 2024
(Sharecast News) - UK retail sales fell more than expected in October amid uncertainty ahead of the Budget, according to figures released on Friday by the Office for National Statistics. Read More
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UK consumer confidence lifts post Budget - GfK
Friday 22 Nov 2024
(Sharecast News) - Consumer confidence jumped in November, a long-running survey showed on Friday, after uncertainty seen in the run-up to the Budget eased. Read More
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Factory owners upbeat despite output slide
Thursday 21 Nov 2024
(Sharecast News) - British manufacturers expect conditions to improve in the coming months, a long-running survey showed on Thursday, despite seeing a slide in output in November. Read More
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Watchdog mulls giving car finance firms until late 2025 to handle complaints
Thursday 21 Nov 2024
(Sharecast News) - The financial watchdog is considering giving firms up until the end of 2025 to handle car finance complaints, it confirmed on Thursday. Read More
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UK govt borrows more than expected in October
Thursday 21 Nov 2024
(Sharecast News) - The UK government borrowed more than expected in October as spending and debt repayments outstripped tax receipts, official data showed on Thursday. Read More
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Tokyo metro operator grabs Elizabeth Line contract from China's MTR
Wednesday 20 Nov 2024
(Sharecast News) - Tokyo's metro system operator, Japanese trading company Sumitomo and Britain's Go-Ahead Group have won a contract to operate London's troubled Elizabeth Line, taking over from China... Read More
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House prices push higher in September - UK HPI
Wednesday 20 Nov 2024
(Sharecast News) - UK house prices continued to grow in September, official data showed on Wednesday, despite weakness in the London market. Read More
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UK inflation rises more than expected amid higher energy bills
Wednesday 20 Nov 2024
(Sharecast News) - UK inflation jumped past the Bank of England's target in October after energy bills rose, according to data released on Wednesday by the Office for National Statistics. Read More
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GMB union calls retailer jobs threat on tax measures 'pathetic'
Tuesday 19 Nov 2024
(Sharecast News) - The GMB Union on Tuesday called large UK retailers "utterly pathetic" over their threat to cut jobs in response to tax measures in the new Labour government's first Budget. Read More
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Retailers warn of £7bn spike in costs from Budget measures
Tuesday 19 Nov 2024
(Sharecast News) - More than 80 leading retail leaders signed an open letter to Chancellor Rachel Reeves on Tuesday, expressing grave concerns about the economic impact of the Autumn Budget on the ret... Read More
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Retailers warn of £7bn spike in costs from Budget measures
Tuesday 19 Nov 2024
(Sharecast News) - More than 80 leading retail leaders signed an open letter to Chancellor Rachel Reeves on Tuesday, expressing grave concerns about the economic impact of the Autumn Budget on the ret... Read More
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UK consumer sentiment dips as confidence in finances declines
Monday 18 Nov 2024
(Sharecast News) - Consumer confidence in the UK edged lower in November, according to the results of a survey from S&P Global on Monday, as falling optimism about job security and a gloomier outlook ... Read More
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Energy prices expected to rise further in Q1
Monday 18 Nov 2024
(Sharecast News) - UK energy prices are expected to rise again in early 2025 to an average £1,736 per household, according to energy consultants Cornwall Insight. Read More
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