Economic News
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TSB customers hit by online banking outage
Thursday 30 May 2024
(Sharecast News) - TSB Bank customers were left unable to access their accounts on Thursday after the lender's mobile banking app temporarily went down. Read More
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Eurozone recovery gathers pace as unemployment falls
Thursday 30 May 2024
(Sharecast News) - Eurozone unemployment unexpectedly dipped to a record low in April, official data showed on Thursday, while confidence edged higher. Read More
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Number of UK homes for sale at 8-year high - Zoopla
Thursday 30 May 2024
(Sharecast News) - The number of homes coming to market has soared, industry research showed on Thursday, as the recovery in the UK housing market continued to gain pace. Read More
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Reeves rules out snap budget if Labour wins election
Tuesday 28 May 2024
(Sharecast News) - UK Labour Party shadow finance minister Rachel Reeves said there would be no emergency budget statement this summer if her party won the general election on July 4 and also ruled ou... Read More
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UK retail sales surge in May - CBI
Tuesday 28 May 2024
(Sharecast News) - UK retail sales jumped in May, a closely-watched survey showed on Tuesday, as selling price inflation continued to fall back. Read More
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Shop price inflation slows further in May
Tuesday 28 May 2024
(Sharecast News) - Shop price inflation in the UK slowed to 0.6% in May, according to fresh data released on Tuesday, from 0.8% in April. Read More
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US durable goods orders rise unexpectedly in April
Friday 24 May 2024
(Sharecast News) - Durable goods orders in the US rose unexpectedly in April, but on the back of a sharp downwards revision to the prior month's figures. Read More
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Wet weather hits retail sales in April
Friday 24 May 2024
(Sharecast News) - Retail sales fell sharply in April, official data showed on Friday, compounding a revised fall a month earlier. Read More
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Average household energy bills to fall by £122
Friday 24 May 2024
(Sharecast News) - Average household energy bills are set to fall by £122 this summer, it was confirmed on Friday, after the regulator lowered the price cap. Read More
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German GDP Q1 growth confirmed at 0.2%
Friday 24 May 2024
(Sharecast News) - Germany's economy grew 0.2% in the first quarter of 2024 compared with the final three months of last year, confirming a flash estimate, the Federal statistics office said on Friday... Read More
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UK consumer confidence continues to strengthen - GfK
Friday 24 May 2024
(Sharecast News) - UK consumer confidence sparked in May, a long-running survey showed on Friday, as households become more upbeat about the economy and their finances. Read More
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Turkey central bank holds rates at 50%
Thursday 23 May 2024
(Sharecast News) - Turkey's central bank kept interest rates unchanged at 50% on Thursday for the second month in a row, as expected. Read More
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UK manufacturing sector rebounds in May - PMI
Thursday 23 May 2024
(Sharecast News) - The UK's under-pressure manufacturing sector rebounded in May, a closely-watched survey showed on Thursday. Read More
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Eurozone economic recovery gathers pace in May
Thursday 23 May 2024
(Sharecast News) - The economic recovery in the eurozone gathered pace in May, according to preliminary figures released on Thursday. Read More
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China hints at tariff hikes for large car imports
Wednesday 22 May 2024
(Sharecast News) - China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers. Read More
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UK house prices push higher
Wednesday 22 May 2024
(Sharecast News) - House prices edged higher in March, government data showed on Wednesday, as the UK market continued to recover. Read More
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Public sector borrowing jumps in April - ONS
Wednesday 22 May 2024
(Sharecast News) - Public borrowing soared by more than expected in April, official data showed on Wednesday, on the back of lower National Insurance receipts. Read More
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Ofcom fines BT £2.8m for knowingly breaching contract info rules
Wednesday 22 May 2024
(Sharecast News) - Ofcom announced on Wednesday that it has fined BT Group £2.8m, for failing to provide more than one million customers with clear and essential contract information before signing up... Read More
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UK consumer price inflation falls to 2.3% in April
Wednesday 22 May 2024
(Sharecast News) - Consumer price inflation fell less than expected in April, according to figures released on Wednesday by the Office for National Statistics, dashing hopes of a summer rate cut. Read More
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M&S FY profits, sales jump as turnaround efforts bear fruit
Wednesday 22 May 2024
(Sharecast News) - Marks & Spencer posted a jump in full-year sales and profits on Wednesday as the retailer's turnaround efforts bore fruit. Read More
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