Economic News
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UK economic growth to lag behind Russia - IMF
Tuesday 31 Jan 2023
(Sharecast News) - The UK's economy will perform worse than any other advanced economy this year, including sanction-hit Russia, the International Monetary Fund has warned. Read More
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Eurozone economic sentiment improves again in January
Monday 30 Jan 2023
(Sharecast News) - Eurozone economic sentiment improved in January for the third month in a row, according to a survey released on Monday by the European Commission. Read More
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Germany at risk of recession as economy weakens
Monday 30 Jan 2023
(Sharecast News) - The German economy unexpectedly shrank in the last quarter, official data showed on Monday, leaving the country facing a possible recession. Read More
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Hunt unveils plans for UK economy, rules out tax cuts
Friday 27 Jan 2023
(Sharecast News) - The chancellor Jeremy Hunt looked to rule out any imminent tax cuts on Friday, arguing that inflation needs to fall first. Read More
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HS2 could stop short of central London - report
Friday 27 Jan 2023
(Sharecast News) - Surging costs could see the controversial High Speed 2 rail link stop short of central London, it was reported on Friday. Read More
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US new home sales pick up in December, but down for the year
Thursday 26 Jan 2023
(Sharecast News) - US new home sales rose in December, but fell overall in 2022, according to figures released on Thursday by the Commerce Department. Read More
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Retail sales slide in January - CBI
Thursday 26 Jan 2023
(Sharecast News) - Retail sales fell sharply in January, a closely-watched survey showed on Thursday, reversing festive gains. Read More
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UK producer price inflation eases
Wednesday 25 Jan 2023
(Sharecast News) - UK producer price inflation slowed in December, official data showed on Wednesday, as cost pressures eased. Read More
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Retail footfall in 'slow but steady' recovery
Wednesday 25 Jan 2023
(Sharecast News) - UK retail footfall reported strong growth during 2022, industry research showed on Wednesday, although it remains below pre-pandemic levels. Read More
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UK pub body calls for parliamentary probe into 'energy profiteering'
Tuesday 24 Jan 2023
(Sharecast News) - A UK pub industry lobby group has called for a parliamentary inquiry into what it called profiteering by the energy industry at the expense of its members. Read More
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UK factories see orders fall - CBI
Tuesday 24 Jan 2023
(Sharecast News) - The manufacturing sector continued to struggle over the last three months, a survey suggested on Tuesday, although cost pressures showed signs of easing. Read More
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UK recession fears mount as business activity slumps
Tuesday 24 Jan 2023
(Sharecast News) - Private sector business activity fell sharply in January, a well-regarded survey showed on Tuesday, as higher interest rates and weakening demand weighed heavily. Read More
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German consumer confidence edges higher
Tuesday 24 Jan 2023
(Sharecast News) - German consumer confidence is continuing to edge higher, a closely-watched survey showed on Tuesday, as energy costs ease. Read More
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UK government borrowing hits record high in December
Tuesday 24 Jan 2023
(Sharecast News) - UK government borrowing hit a fresh high in December, mostly due to the household energy support scheme and high debt interest costs. Read More
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UK recession likely to be worse than feared, warns EY
Monday 23 Jan 2023
(Sharecast News) - The UK economy is facing a deeper recession than currently expected, economic forecasters at EY warned on Monday. Read More
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Households paid to cut energy usage as cold snap bites
Monday 23 Jan 2023
(Sharecast News) - National Grid will pay some British households to use less power on Monday, the first time a new scheme will be put into practice. Read More
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Retail sales unexpectedly fall in December
Friday 20 Jan 2023
(Sharecast News) - Retail sales continued to fall in December, official data showed on Friday, as hard-pressed shoppers cut back on spending. Read More
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UK consumer confidence falters in January
Friday 20 Jan 2023
(Sharecast News) - Consumer confidence faltered in January, a well-regarded survey showed on Friday, as concerns about the strength of the economy weighed heavily. Read More
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House prices slump in December - RICS
Thursday 19 Jan 2023
(Sharecast News) - House prices fell sharply in December, a closely-watched survey showed on Thursday, with weakness forecast to continue well into 2023. Read More
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Australian billionaire Andrew Forrest to open advanced battery plant in UK
Wednesday 18 Jan 2023
(Sharecast News) - Australian billionaire Andrew Forrest is planning to open an advanced battery plant in Oxfordshire later this year, creating up to 300 new jobs. Read More
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