Economic News
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UK economy returns to growth in January
Wednesday 13 Mar 2024
(Sharecast News) - The UK economy returned to growth in the first month of 2024, according to figures released on Wednesday by the Office for National Statistics. Read More
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CMA to launch formal investigation into vet market
Tuesday 12 Mar 2024
(Sharecast News) - The UK's Competition and Markets Authority said on Tuesday that it has provisionally decided to launch a formal market investigation after a review into the veterinary industry foun... Read More
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UK wage growth slows again, unemployment rate ticks up
Tuesday 12 Mar 2024
(Sharecast News) - UK wage growth eased again in the three months to January, while the unemployment rate ticked higher, according to figures released on Tuesday by the Office for National Statistics,... Read More
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Vinyl records, air fryers join the ONS basket of goods
Monday 11 Mar 2024
(Sharecast News) - The Office for National Statistics (ONS) unveiled its annual update to the basket of goods and services used to calculate inflation, revealing shifts in consumer spending as vinyl r... Read More
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Eurozone GDP ends 2023 unchanged
Friday 08 Mar 2024
(Sharecast News) - The eurozone economy was little changed at the end of 2023, official data showed on Friday, allowing it to narrowly skirt recession. Read More
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German industrial production pushes higher
Friday 08 Mar 2024
(Sharecast News) - German industrial production ticked higher in January, official data showed on Friday, beating expectations. Read More
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ECB leaves rates unchanged; cuts inflation, growth forecasts
Thursday 07 Mar 2024
(Sharecast News) - The European Central Bank kept interest rates unchanged on Thursday as it cut inflation and growth forecasts. Read More
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UK businesses forecast inflation to ease - BoE
Thursday 07 Mar 2024
(Sharecast News) - UK businesses expect output inflation to continue easing over the coming year, a Bank of England survey showed on Thursday. Read More
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German factory orders plummet in January
Thursday 07 Mar 2024
(Sharecast News) - German factory orders plunged in January, official data showed on Thursday, falling by far more than expected. Read More
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China Jan-Feb exports smash estimates with 7.1% rise
Thursday 07 Mar 2024
(Sharecast News) - China reported a sharply better-than-expected rise in exports for the first two months of the year, according to official figures published on Thursday. Read More
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House prices rise for fifth month in a row - Halifax
Thursday 07 Mar 2024
(Sharecast News) - UK house prices rose for the fifth month in a row in February, according to figures released on Thursday by Halifax. Read More
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Spring Budget garners mixed reaction
Wednesday 06 Mar 2024
(Sharecast News) - The chancellor's spring Budget received a mixed reaction on Wednesday, as business groups and economists digested the government's latest plans to bolster the UK's faltering economy... Read More
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Chancellor trims National Insurance in pre-election Budget
Wednesday 06 Mar 2024
(Sharecast News) - The chancellor of the exchequer cut National Insurance and pledged to overhaul the tax regime for non-domiciled residents on Wednesday, in what was likely his last Budget before the... Read More
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US private sector adds fewer jobs than expected in February - ADP
Wednesday 06 Mar 2024
(Sharecast News) - Private sector employment in the US rose less than expected in February, according to figures released on Wednesday by ADP. Read More
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Upturn in housebuilding boosts UK construction sector - PMI
Wednesday 06 Mar 2024
(Sharecast News) - The UK's hard-pressed construction sector strengthened last month, a closely-watched survey showed on Wednesday, led by a turnaround in housebuilding. Read More
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German trade surplus widens as exports rally
Wednesday 06 Mar 2024
(Sharecast News) - German exports rallied in January, official data showed on Wednesday, reversing the sharp falls seen at the end of last year. Read More
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Eurozone construction activity still subdued despite Feb uptick - PMI
Wednesday 06 Mar 2024
(Sharecast News) - The contraction in eurozone construction sector continued halfway through the first quarter of the year, despite a slight uptick in activity last month, according to a purchasing ma... Read More
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Gold price hits record high
Tuesday 05 Mar 2024
(Sharecast News) - Gold prices hit a record high on Wednesday amid rising expectations of a US rate cut in June. Read More
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Hunt to cut National Insurance by 2p in Budget - report
Tuesday 05 Mar 2024
(Sharecast News) - Chancellor Jeremy Hunt will reportedly use his Budget on Wednesday to cut national insurance by a further two percentage points for 27m workers in a move worth £450 on average Read More
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UK car registrations rise YOY in February, business and fleet sales drive growth
Tuesday 05 Mar 2024
(Sharecast News) - New car registrations rose 14.0% to 84,886 units last month, according to the Society of Motor Manufacturers and Traders, delivering the best February performance since 2004. Read More
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