Economic News
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Airline stocks down as Heathrow boss warns power supply upgrade could cost £1bn
Friday 28 Mar 2025
(Sharecast News) - London-listed airline stocks were on the descent on Friday after Heathrow's boss warned that the cost of upgrading the airport to a new power system could cost upwards of £1bn, with... Read More
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Thames Water finance chief stepping down
Friday 28 Mar 2025
(Sharecast News) - Thames Water's chief financial officer Alastair Cochran will leave the company at the end of March, it was announced on Friday, marking a significant leadership change as the debt-l... Read More
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Economic sentiment weakens across the Eurozone
Friday 28 Mar 2025
(Sharecast News) - Economic sentiment and consumer confidence across Europe weakened unexpectedly in March, official research showed on Friday. Read More
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Gold prices hit fresh high on trade turmoil
Friday 28 Mar 2025
(Sharecast News) - Gold prices hit fresh highs on Friday, as the latest round of trade tariffs imposed by Donald Trump reignited fears of a global trade war. Read More
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UK economy performed better than expected in 2024 - ONS
Friday 28 Mar 2025
(Sharecast News) - The UK economy grew more strongly than initially thought last year, official data showed on Friday. Read More
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UK retail sales beat forecasts - ONS
Friday 28 Mar 2025
(Sharecast News) - UK retail sales jumped in February, official data showed on Friday, comfortably beating expectations. Read More
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UK car production falls for 12th straight month in February
Thursday 27 Mar 2025
(Sharecast News) - UK car production fell for a 12th consecutive month in February, according to the Society for Motor Manufacturers and Traders, which also said Rachel Reeves' Spring statement did no... Read More
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Norway leaves rates unchanged after inflation picks up
Thursday 27 Mar 2025
(Sharecast News) - Norway's central bank kept interest rates at a 17-year high on Thursday, as widely expected, following an uptick in inflation. Read More
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Chancellor confirms spending cuts as OBR trims growth forecasts
Wednesday 26 Mar 2025
(Sharecast News) - The chancellor confirmed cuts to welfare spending on Wednesday while pledging to turn the UK into a "defence industrial superpower", in a spring statement designed to ensure the gov... Read More
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House prices, rents push higher across the UK - ONS
Wednesday 26 Mar 2025
(Sharecast News) - House prices and private rents across the UK continued to push higher as 2025 got underway, official data showed on Wednesday. Read More
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UK inflation eases to 2.8% in February
Wednesday 26 Mar 2025
(Sharecast News) - UK inflation eased a little more than expected in February as clothing prices fell, according to figures released on Wednesday by the Office for National Statistics. Read More
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Retail sales slump in March amid weak consumer confidence - CBI
Tuesday 25 Mar 2025
(Sharecast News) - UK retail sales slumped in March amid weak consumer confidence, according to the Confederation of British Industry's latest 'distributive trades' survey. Read More
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German business sentiment improves in March - Ifo
Tuesday 25 Mar 2025
(Sharecast News) - German business sentiment improved in March, according to a survey released on Tuesday by the Ifo Institute. Read More
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UK private sector output growth hits six-month high
Monday 24 Mar 2025
(Sharecast News) - Output growth in the UK private sector hit a six-month high in March, thanks to a rebound in the services sector, according to a survey released on Monday. Read More
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Heathrow had enough power capacity during outage - National Grid CEO
Monday 24 Mar 2025
(Sharecast News) - National Grid's chief executive said over the weekend Heathrow Airport had sufficient electrical capacity to remain operational during Friday's fire-related power outage, intensifyi... Read More
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Heathrow to resume limited flights after fire causes power cut
Friday 21 Mar 2025
(Sharecast News) - London's Heathrow airport said some operations would resume on Friday after a fire at a local electricity substation overnight caused a power outage, hitting more than 1,300 flights... Read More
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IATA criticises Heathrow over possible 'planning failure'
Friday 21 Mar 2025
(Sharecast News) - The airline industry trade body has attacked Heathrow management for what appeared to be a "clear planning failure" in not having a sufficient backup power source after a fire at a ... Read More
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UK borrowing overshoots expectations in February
Friday 21 Mar 2025
(Sharecast News) - UK borrowing significantly overshot expectations in February, according to data released on Friday by the Office for National Statistics. Read More
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UK consumer confidence up in March but still 'fragile', GfK says
Friday 21 Mar 2025
(Sharecast News) - Consumer confidence in the UK improved slightly in March, but remained "fragile", the results of a closely followed survey showed. Read More
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Bank of England leaves interest rates on hold
Thursday 20 Mar 2025
(Sharecast News) - The Bank of England left the cost of borrowing at 4.5% on Thursday, in a widely-expected decision. Read More
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