Economic News
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Thames Water plans to raise bills by 56pc - reports
Friday 19 Apr 2024
(Sharecast News) - Thames Water has submitted a revised business plan to regulators, proposing an increase in bills of 56%, it was reported on Friday. Read More
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UK consumer confidence hits best level in two years - Deloitte
Friday 19 Apr 2024
(Sharecast News) - UK consumer confidence hit its highest level in two years in the first quarter of 2024 as inflation eased, according to a survey released by Deloitte on Friday. Read More
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UK retail sales stagnate in March
Friday 19 Apr 2024
(Sharecast News) - UK retail sales were flat in March, undershooting expectations, according to figures released on Friday by the Office for National Statistics. Read More
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Eurozone construction jumps in February
Thursday 18 Apr 2024
(Sharecast News) - Eurozone construction sparked in February, official data showed on Thursday, up notably on the previous month. Read More
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UK house price decline eases, but rents grow at record rate
Wednesday 17 Apr 2024
(Sharecast News) - The annual fall in UK house prices eased to just 0.2% in February, its lowest rate of decline in eight months, according to figures released on Wednesday by the Office for National ... Read More
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UK inflation at lowest since September 2021, but falls less than expected
Wednesday 17 Apr 2024
(Sharecast News) - UK inflation fell to its lowest in three and a half years last month, but eased less than expected, which is likely to prompt caution from the Bank of England to get price pressures... Read More
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Incoming MPC member says rate cuts are "the direction of travel"
Tuesday 16 Apr 2024
(Sharecast News) - Interest rate cuts by central banks across Europe is "the direction of travel", according to the incoming deputy governor of monetary policy at the Bank of England, though the timin... Read More
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Germany investor morale strengthens in April - ZEW
Tuesday 16 Apr 2024
(Sharecast News) - Investor morale in Germany improved by more than expected this month, a closely-watched survey showed on Tuesday. Read More
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UK unemployment rate rises to 4.2%; Wages up 6%
Tuesday 16 Apr 2024
(Sharecast News) - The UK's unemployment rate rose by 4.2%, official data revealed on Tuesday, with the number of people classed as "economically inactive" on the rise while employers started to cut b... Read More
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FCA tells motor finance firms to maintain their funding levels
Friday 12 Apr 2024
(Sharecast News) - The Financial Conduct Authority (FCA) wrote to motor finance firms on Friday, stressing that they must maintain adequate financial resources at all times. Read More
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UK GDP grows 0.1% in February
Friday 12 Apr 2024
(Sharecast News) - The UK economy grew a touch in February, according to figures released on Friday by the Office for National Statistics. Read More
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Rate cuts 'should be a way off' - BoE's Greene
Thursday 11 Apr 2024
(Sharecast News) - The Bank of England's Megan Greene has cautioned against near-term cuts to interest rates, citing ongoing inflationary pressures. Read More
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Sluggish Chinese inflation nudges higher
Thursday 11 Apr 2024
(Sharecast News) - Inflation in China nudged marginally higher last month, official data showed on Thursday, missing forecasts. Read More
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Strong buyer demand boosts UK housing market - RICS
Thursday 11 Apr 2024
(Sharecast News) - The UK housing market continued to strengthen last month, an industry survey showed on Thursday, as prices stabilised and buyer demand improved. Read More
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Strong buyer demand boosts UK housing market - RICS
Thursday 11 Apr 2024
(Sharecast News) - The UK housing market continued to strengthen last month, an industry survey showed on Thursday, as prices stabilised and buyer demand improved. Read More
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Fitch cuts China outlook to 'negative'
Wednesday 10 Apr 2024
(Sharecast News) - Fitch Ratings has cut its outlook on China to 'negative' on the back of the country's increasingly uncertain economic prospects. Read More
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Macquarie emerges as a lender to Thames Water parent
Tuesday 09 Apr 2024
(Sharecast News) - Australian investment bank Macquarie emerged as one of the lenders involved in Thames Water's financial struggles on Tuesday, seven years after its ownership of the utility ended. Read More
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UK retail sales growth hits eight-month high in March
Tuesday 09 Apr 2024
(Sharecast News) - The unusually early Easter holidays gave the UK retail sector a big boost in March, according to the British Retail Consortium-KPMG Retail Sales Monitor released on Tuesday Read More
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TSMC strikes $11.6bn deal with White House to expand AZ plans
Monday 08 Apr 2024
(Sharecast News) - TSMC, the world's largest chipmaker, has struck an $11.6bn deal with the United States to bolster president Joe Biden's ambitions in AI chip development, it was revealed on Monday. Read More
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US economy adds more jobs than expected in March
Friday 05 Apr 2024
(Sharecast News) - The US economy added more jobs than expected in March, while the unemployment rate ticked lower, according to figures released on Friday by the Commerce Department. Read More
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