Economic News
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UK factory output stages first rise in eight months in February, S&P Global says
Wednesday 01 Mar 2023
(Sharecast News) - The downturn in the UK's manufacturing sector abated somewhat in February, the results of a closely followed survey confirmed. Read More
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UK shop price inflation hits fresh high
Wednesday 01 Mar 2023
(Sharecast News) - Shop price inflation has hit a fresh high, industry data showed on Wednesday, as the cost of food continues to soar. Read More
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EC revises objections against Apple payment policies
Tuesday 28 Feb 2023
(Sharecast News) - The European Commission raised revised objections with consumer technology giant Apple on Tuesday, over concerns around its App Store rules for music streaming providers. Read More
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Spanish, French inflation rise in February
Tuesday 28 Feb 2023
(Sharecast News) - French and Spanish inflation rose in February, according to preliminary figures released on Tuesday, putting more pressure on the European Central Bank to hike rates. Read More
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Grocery inflation hits record 17.1% - Kantar
Tuesday 28 Feb 2023
(Sharecast News) - Grocery price inflation in the UK hit a new high in the four weeks to 19 February, according to data provider Kantar. Read More
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Sunak announces 'Windsor Framework' deal on Brexit, sterling gains
Monday 27 Feb 2023
(Sharecast News) - Sterling rose on Monday after Prime Minister Rishi Sunak said he had agreed a new Brexit deal for Northern Ireland with European Commission President Ursula von der Leyen. Read More
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Retail footfall eases as children return to school
Monday 27 Feb 2023
(Sharecast News) - Retail footfall fell across most of the UK last week, industry data showed on Monday, as children returned to school following the half-term break. Read More
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Falling profits and higher costs hit service sector confidence - CBI
Monday 27 Feb 2023
(Sharecast News) - Business confidence continued to falter across the UK service sector, a survey published on Monday showed, as higher costs weighed heavily. Read More
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Eurozone economic sentiment steady in February
Monday 27 Feb 2023
(Sharecast News) - Eurozone economic sentiment was steady in February, according to a survey released on Monday by the European Commission. Read More
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Energy bills set to rise despite cut in price cap
Monday 27 Feb 2023
(Sharecast News) - Household energy bills are set to rise in April, the regulator confirmed on Monday, despite the price cap being cut by nearly £1,000. Read More
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Rail workers' union accepts offer from train operators
Friday 24 Feb 2023
(Sharecast News) - Relief from months of railway strikes and industrial action looked to be on the horizon on Friday, as members of the TSSA union accepted offers from train operators. Read More
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UK unveils fresh round of sanctions against Russia
Friday 24 Feb 2023
(Sharecast News) - The UK government has marked the first anniversary of war in Ukraine by announcing further sanctions against Russia. Read More
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German economy shrinks by more than expected
Friday 24 Feb 2023
(Sharecast News) - The German economy shrunk by more than expected in the last three months of 2022, official data showed on Friday, increasing the prospect of the country falling into recession. Read More
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Consumer confidence rebounds from historic lows - GfK
Friday 24 Feb 2023
(Sharecast News) - UK consumer confidence rebounded from historic lows in February, according to a survey released by GfK on Friday. Read More
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Government to shake up Ofgem board - report
Thursday 23 Feb 2023
(Sharecast News) - The government is reportedly preparing to replace a slate of Ofgem's directors this year as the energy regulator faces intense criticism over its handling of the prepayment meters s... Read More
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UK retail sales growth stalls in February - CBI
Thursday 23 Feb 2023
(Sharecast News) - UK retail sales growth stalled in the year to February ahead of an expected decline next month, according to the latest Distributive Traders Survey from the Confederation of British... Read More
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Fed minutes show some division emerging among officials
Thursday 23 Feb 2023
(Sharecast News) - Investor focus was very much on minutes from the Federal Reserve's February meeting late on Wednesday, which showed some division emerging as a number of officials expressed concern... Read More
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Tube staff vote to strike on Budget Day
Wednesday 22 Feb 2023
(Sharecast News) - London Underground is set to face significant disruption on 15 March - Budget Day - as members of the ASLEF union go on a 24-hour strike. Read More
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British Steel to announce job losses, closure of coking ovens
Wednesday 22 Feb 2023
(Sharecast News) - British Steel was reportedly set to announce the closure of its coking ovens at Scunthorpe. Read More
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German business sentiment improves in February - Ifo
Wednesday 22 Feb 2023
(Sharecast News) - German business sentiment improved again in February, according to a survey released on Wednesday by the Ifo Institute. Read More
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