Economic News
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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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German inflation ticks up as expected in January
Wednesday 22 Feb 2023
(Sharecast News) - German inflation rose as expected in January amid higher energy prices, according to figures released by Destatis on Wednesday. Read More
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UK manufacturing output falls at fastest pace since September 2020
Tuesday 21 Feb 2023
(Sharecast News) - Manufacturing output fell in February at the fastest pace since September 2020, according to a survey released on Tuesday by the Confederation of British Industry. Read More
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UK private sector returns to growth
Tuesday 21 Feb 2023
(Sharecast News) - The UK private sector returned to growth in February, according to a survey released on Tuesday. Read More
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Eurozone business growth hits nine-month high
Tuesday 21 Feb 2023
(Sharecast News) - Business growth in the eurozone hit a nine-month high in February, according to a preliminary reading released on Tuesday. Read More
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UK government runs budget surplus in January
Tuesday 21 Feb 2023
(Sharecast News) - The UK government unexpectedly recorded a budget surplus in January as self-assessment income tax receipts surged, according to data released on Tuesday by the Office for National S... Read More
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China leaves rates unchanged in line with expectations
Monday 20 Feb 2023
(Sharecast News) - The People's Bank of China left its 1-year loan prime rate unchanged for February at 3.65%, the central bank said on Monday. Read More
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Eurozone construction output falls in December
Monday 20 Feb 2023
(Sharecast News) - Eurozone construction output fell in December, mainly due to a sharp slump in Germany, according to data released on Monday by Eurostat. Read More
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Nearly 15,000 retail jobs lost in 'brutal' start to the year
Monday 20 Feb 2023
(Sharecast News) - Nearly 15,000 jobs have been lost in retail so far this year in the UK, according to industry research published on Monday. Read More
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UK house prices steady in February - Rightmove
Monday 20 Feb 2023
(Sharecast News) - UK house prices were flat in February, according to the latest survey from property website Rightmove released on Monday. Read More
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Retail sales unexpectedly rise in January
Friday 17 Feb 2023
(Sharecast News) - UK retail sales unexpectedly rose in January but the outlook remains weak overall, according to figures released on Friday by the Office for National Statistics. Read More
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FTSE 100 breaches 8,000 for first time
Wednesday 15 Feb 2023
(Sharecast News) - London's FTSE 100 breached the 8,000 mark for the first time on Wednesday, thanks in part to a weaker pound. Read More
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UK house price growth eases in December - ONS
Wednesday 15 Feb 2023
(Sharecast News) - Average UK house price growth eased in the year to December 2022, according to figures released on Wednesday by the Official for National Statistics. Read More
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UK inflation eases more than expected in January
Wednesday 15 Feb 2023
(Sharecast News) - UK consumer price inflation eased more than expected in January, according to figures released on Wednesday by the Office for National Statistics. Read More
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FCA raids and inspects suspected illegal crypto ATMs
Tuesday 14 Feb 2023
(Sharecast News) - The Financial Conduct Authority (FCA) announced a crackdown on cryptocurrency vending machines on Monday, reporting that it had entered and inspected a number of sites around Leeds ... Read More
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