Economic News
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UK retail sales bounce back in October - CBI
Thursday 27 Oct 2022
(Sharecast News) - UK retail sales bounced back in October, according to the latest Distributive Trades Survey from the Confederation of British Industry. Read More
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German consumer sentiment set to improve a touch in November - GfK
Thursday 27 Oct 2022
(Sharecast News) - German consumer sentiment is expected to improve a touch next month, according to a survey released on Thursday by market research group GfK. Read More
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Central banks may need to step in again to safeguard financial stability, Capital Economics says
Wednesday 26 Oct 2022
(Sharecast News) - Central banks may need to step in again in order to avoid panic selling and money market distress, a top economics consultancy said. Read More
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Sunak and Hunt delay Autumn statement until 17 November
Wednesday 26 Oct 2022
(Sharecast News) - Prime Minister Rishi Sunak and Chancellor Jeremy Hunt will deliver the UK's Autumn Statement on 17 November, along with an Office for Budgetary Responsibility forecast. Read More
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UK manufacturing output declines slightly over three months to October, CBI says
Tuesday 25 Oct 2022
(Sharecast News) - Output from UK factories slipped slightly over the past three months, even as business sentiment dropped at the fastest rate since the start of the pandemic, the results of a closel... Read More
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German business sentiment remains 'gloomy' in October - Ifo
Tuesday 25 Oct 2022
(Sharecast News) - German business sentiment remained "gloomy" in October, according to a survey released on Tuesday by the Ifo Institute. Read More
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FCA to probe entry of 'big tech' in financial markets
Tuesday 25 Oct 2022
(Sharecast News) - The Financial Conduct Authority is seeking views on the potential competition benefits and harms from the entry of 'big tech' into a number of retail financial services sectors, it ... Read More
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US business activity shrinks again in October
Monday 24 Oct 2022
(Sharecast News) - Business activity in the US shrank again in October as demand weakened amid high inflation, according to a survey released on Monday. Read More
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UK profit warnings surge in Q3 amid rising costs
Monday 24 Oct 2022
(Sharecast News) - Profit warnings by UK companies hit their highest level in the third quarter of this year since 2008 amid surging inflation, according to EY-Parthenon's latest report. Read More
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Better-than-expected GDP headlines tsunami of China data
Monday 24 Oct 2022
(Sharecast News) - Better-than-expected economic growth was the headline of a large data dump out of China on Monday, after a series of economic releases were delayed until after Beijing's National Co... Read More
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UK retail footfall drops 2.3% amid 'consumer nervousness'
Monday 24 Oct 2022
(Sharecast News) - Retail footfall dropped 2.3% in the week ended 23 October due to "consumer nervousness" as the ongoing cost of living crisis squeezes household incomes amid recent political turbule... Read More
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UK economic downturn deepens in October
Monday 24 Oct 2022
(Sharecast News) - The UK economic downturn deepened in October, according to a survey released on Monday, with business activity down to its lowest level since January 2021. Read More
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Eurozone business activity contracts again in October
Monday 24 Oct 2022
(Sharecast News) - Eurozone business activity contracted again in October, at the fastest pace in two years, according to a preliminary survey released on Monday. Read More
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Retail sales slide in September as government borrowing mounts
Friday 21 Oct 2022
(Sharecast News) - Retail sales tumbled in September, official data showed on Friday, weighed down by soaring prices, the cost-of-living crisis and the state funeral of Queen Elizabeth II. Read More
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UK consumer confidence creeps higher
Friday 21 Oct 2022
(Sharecast News) - UK consumer confidence edged higher in October, a closely-watched survey showed on Friday, although it remains at historic lows. Read More
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Philly Fed index ticks up but remains negative
Thursday 20 Oct 2022
(Sharecast News) - Manufacturing production in the Philadelphia region deteriorated more than expected in October, according to a survey released on Thursday. Read More
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BoE's Broadbent questions financial markets' expectations for rate hikes
Thursday 20 Oct 2022
(Sharecast News) - A top Bank of England official called into doubt financial markets' expectations for interest rate hikes. Read More
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Truss vows to keep triple-lock on state pension increases
Wednesday 19 Oct 2022
(Sharecast News) - Beleaguered UK Prime Minister Liz Truss on Wednesday pledged to keep the so-called "triple lock" guarantee on state pension increases, as she tried to re-establish her authority day... Read More
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Hunt mulling windfall tax for banks - report
Wednesday 19 Oct 2022
(Sharecast News) - New chancellor Jeremy Hunt is considering upping the amount of tax paid by banks as he looks to plug funding gaps, it was reported on Wednesday. Read More
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UK house price growth eases in September - ONS
Wednesday 19 Oct 2022
(Sharecast News) - UK house price growth eased in the year to September, according to figures released on Wednesday by the Office for National Statistics. Read More
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