Economic News
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Europe to probe Microsoft's bundling of Teams with Office 365
Thursday 27 Jul 2023
(Sharecast News) - The European Commission opened a formal investigation into Microsoft on Thursday, to assess whether the tech giant had violated EU competition rules. Read More
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UK retail sales fall at fastest pace since April 2022 - CBI
Thursday 27 Jul 2023
(Sharecast News) - Retail sales fell in the year to July at the fastest pace since April 2022, with the downturn only expected to get worse, according to the latest Distributive Trades survey from the... Read More
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German consumer sentiment set to stabilise - GfK
Thursday 27 Jul 2023
(Sharecast News) - German consumer sentiment is expected to stabilise in August amid hopes of a decline in inflation, according to a survey released on Thursday by market research group GfK. Read More
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CMA to consult on changes offered by Amazon Marketplace
Wednesday 26 Jul 2023
(Sharecast News) - In response to concerns raised by the Competition and Markets Authority (CMA) over potential anti-competitive practices, Amazon has offered to implement changes to the way it treats... Read More
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UK manufacturers more positive, but investment intentions weaken, CBI says
Tuesday 25 Jul 2023
(Sharecast News) - Britain's manufacturers grew more positive over the latest quarter, but investment intentions weakened as more companies complained of higher finance costs, a business lobby group s... Read More
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UK consumer confidence hits highest level in 18 months - PwC
Tuesday 25 Jul 2023
(Sharecast News) - UK consumer confidence has hit its highest level in 18 months, a survey released by PwC on Tuesday showed. Read More
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German business sentiment deteriorates further
Tuesday 25 Jul 2023
(Sharecast News) - German business sentiment deteriorated further in July, according to a survey released on Tuesday by the Ifo Institute. Read More
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UK economic growth nearly stalls in July, PMIs show
Monday 24 Jul 2023
(Sharecast News) - Activity levels in the UK's manufacturing and services sectors slowed sharply in July, closely followed survey results showed. Read More
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In-store retail sales jump - BDO
Friday 21 Jul 2023
(Sharecast News) - UK retail sales pushed higher last week, industry data showed on Friday, despite the weather turning less summery. Read More
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UK public sector borrowing unexpectedly falls
Friday 21 Jul 2023
(Sharecast News) - Public sector borrowing unexpectedly fell in June, official data showed on Friday, although it remains at record levels. Read More
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Retail sales spark in June - ONS
Friday 21 Jul 2023
(Sharecast News) - UK retail sales pushed higher last month, official data showed on Friday, beating expectations. Read More
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UK consumer confidence slumps - GfK
Friday 21 Jul 2023
(Sharecast News) - Consumer confidence slumped in July, a closely-watched survey showed on Friday, as higher interest rates and prices hit home. Read More
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Supermarkets told to make pricing clearer
Thursday 20 Jul 2023
(Sharecast News) - The UK competition watchdog has told supermarkets to make their pricing clearer, to help struggling customers better find the best deals. Read More
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PBoC stands pat on interest rates, as expected
Thursday 20 Jul 2023
(Sharecast News) - The People's Bank of China maintained its benchmark lending rates on Thursday, consistent with expectations and its recent decision to hold policy rates earlier in the month. Read More
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UK house price growth eases in May - ONS
Wednesday 19 Jul 2023
(Sharecast News) - Growth in UK house prices slowed in May, according to data released on Wednesday. Read More
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UK consumer price inflation eases more than expected
Wednesday 19 Jul 2023
(Sharecast News) - UK consumer price inflation fell more than expected in June, according to figures released on Wednesday by the Office for National Statistics, easing pressure on the Bank of England... Read More
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UK grocery price inflation eases again
Tuesday 18 Jul 2023
(Sharecast News) - UK grocery price inflation eased again in the four weeks to 9 July, at the steepest rate since the March peak. Read More
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EU to probe Microsoft's bundling of Teams with Office
Monday 17 Jul 2023
(Sharecast News) - Microsoft will face an official antitrust investigation by the European Union (EU) next week, it was reported on Monday, making for the software giant's first such probe in Brussels... Read More
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House prices soften as rate rises bite
Monday 17 Jul 2023
(Sharecast News) - House prices ticked lower in July, a closely-watched industry survey showed on Monday, as higher borrowing costs hit home. Read More
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FTC probing OpenAI over consumer protection concerns
Thursday 13 Jul 2023
(Sharecast News) - The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopa... Read More
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