Economic News
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China CPI ticks up more than expected in July
Friday 09 Aug 2024
(Sharecast News) - Consumer price inflation accelerated more than expected in July, according to figures released on Friday by the National Bureau of Statistics. Read More
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UK housing market picks up as mortgage rate fall, RICS survey shows
Thursday 08 Aug 2024
(Sharecast News) - The UK house sales market turned a "bit sunnier" last month, according to the latest UK Residential Survey by the Royal Institution of Chartered Surveyors (RICS), with near-term sal... Read More
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Ofwat to appoint independent monitor to Thames Water
Wednesday 07 Aug 2024
(Sharecast News) - Ofwat said on Wednesday that it was looking to appoint a monitor to report on Thames Water's progress in turning the business around after the water company lost two investment grad... Read More
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UK house prices rise in July after three flat months - Halifax
Wednesday 07 Aug 2024
(Sharecast News) - UK house prices rose in July after three flat months, according to figures released on Wednesday by Halifax. Read More
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UK construction sector grows at fastest pace since May 2022
Tuesday 06 Aug 2024
(Sharecast News) - Activity in the UK construction sector grew in July at the fastest pace in 26 months, according to a survey released on Tuesday. Read More
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Ofwat slaps UK water firms with fines over historic sewage spills
Tuesday 06 Aug 2024
(Sharecast News) - Thames Water, Yorkshire Water and Northumbrian Water were all the subjects of Ofwat's ire on Tuesday as the water regulator looks to clean up the industry amid historic sewage spill... Read More
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Warm weather and food spend drive UK retail sales growth
Tuesday 06 Aug 2024
(Sharecast News) - UK retail sales returned to growth last month, following a slight dip in June, as increased food purchases and improved weather gave consumer spending a boost. Read More
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UK services sector growth accelerates in July
Monday 05 Aug 2024
(Sharecast News) - Growth in the UK services sector accelerated in July, with the strongest upturn in demand since May 2023, according to a survey released on Monday. Read More
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Eurozone economy stalls in July
Monday 05 Aug 2024
(Sharecast News) - The eurozone economy stalled in July as demand for goods and services deteriorated, according to a survey released on Monday. Read More
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China services sector growth picks up in July - Caixin
Monday 05 Aug 2024
(Sharecast News) - Activity in China's services sector picked up in July, according to a survey released on Monday. Read More
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BoE's Pill argues against too quick pace of rate cuts
Friday 02 Aug 2024
(Sharecast News) - The Bank of England's chief economist cautioned against expectations for a quick a pace of interest rate cuts. Read More
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UK retail footfall drops further in July
Friday 02 Aug 2024
(Sharecast News) - Retail footfall fell across the UK in July, according to fresh data released on Friday, with overall numbers dropping by 3.3% compared to the same period last year. Read More
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Bank of England cuts rates for first time in four years
Thursday 01 Aug 2024
(Sharecast News) - The Bank of England cut interest rates on Thursday for the first time in four years. Read More
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UK factory growth hits two-year high in July
Thursday 01 Aug 2024
(Sharecast News) - Production in the UK manufacturing sector grew in July at its fastest pace since February 2022, according to a survey released on Thursday. Read More
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Eurozone manufacturing sector remains in contraction
Thursday 01 Aug 2024
(Sharecast News) - The eurozone manufacturing sector remained in contraction territory in July, according to a survey released on Thursday. Read More
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China Caixin manufacturing PMI deteriorates in July
Thursday 01 Aug 2024
(Sharecast News) - Activity in China's manufacturing sector deteriorated more than expected in July, according to data released on Thursday. Read More
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UK annual house price growth fastest since December 2022 - Nationwide
Thursday 01 Aug 2024
(Sharecast News) - UK house prices rose in July at the fastest annual rate since December 2022, according to data released by Nationwide on Thursday. Read More
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Eurozone inflation rises unexpectedly to 2.6%
Wednesday 31 Jul 2024
(Sharecast News) - Eurozone prices increased marginally faster than anticipated in July, a development that might cause the European Central Bank (ECB) to reconsider its plans for further rate reducti... Read More
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Shop price inflation unchanged but pressures 'lurking' - BRC
Tuesday 30 Jul 2024
(Sharecast News) - UK shop inflation was unchanged in July, but cost pressures were "lurking over the horizon" as commodity prices remained at risk from climate change and geopolitical tensions, accor... Read More
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UK govt abandons NatWest share sale; to hold Budget Oct 30
Monday 29 Jul 2024
(Sharecast News) - The UK government has abandoned a plan to sell its remaining stake in NatWest Bank to the public, said Finance Minister Rachel Reeves, who added that she would hold deliver a Budget... Read More
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