Economic News
-
UK trade balance widens in August - ONS
Friday 11 Oct 2024
(Sharecast News) - The UK's trade deficit widened in August, official data showed on Friday, after a jump in imports outstripped the rise in exports. Read More
-
Sainsbury's slumps as Qatar Investment Authority places 109m shares
Friday 11 Oct 2024
(Sharecast News) - Sainsbury's slumped on Friday following reports that its biggest shareholder, Qatar Investment Authority, has placed 109m shares in the supermarket chain. Read More
-
UK economy returns to growth in August
Friday 11 Oct 2024
(Sharecast News) - The UK economy returned to growth in August, according to figures released on Friday by the Office for National Statistics. Read More
-
FCA fines TSB £10.9m over treatment of customers in arrears
Thursday 10 Oct 2024
(Sharecast News) - The Financial Conduct Authority (FCA) has fined TSB Bank £10.9m for failing to ensure fair treatment of customers in financial difficulty. Read More
-
UK house prices push higher for first time since 2022
Thursday 10 Oct 2024
(Sharecast News) - House prices have risen across the UK for the first time in two years, a closely-watched survey showed on Thursday, as the market was buoyed by lower interest rates. Read More
-
German government now projecting a second year of GDP contraction
Wednesday 09 Oct 2024
(Sharecast News) - Germany's economy is set to contract by 0.2% in 2024, marking the second consecutive year of shrinking output, according to a statement from the country's economy ministry on Wednes... Read More
-
China to impose anti-dumping measures on EU brandy, drink stocks slump
Tuesday 08 Oct 2024
(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week. Read More
-
Ofwat tells water firms to improve immediately in damning report
Tuesday 08 Oct 2024
(Sharecast News) - Ofwat called on the water sector to significantly improve its performance on Tuesday, after companies fell short of key environmental and service targets, costing the industry £157... Read More
-
House prices rise again in September, near record highs - Halifax
Monday 07 Oct 2024
(Sharecast News) - UK house prices rose in September for the third month in a row and were close to record highs amid cheaper mortgage rates, according to figures released on Monday by Halifax. Read More
-
Non-farm payrolls beat expectations, unemployment rate dips
Friday 04 Oct 2024
(Sharecast News) - The US economy added far more jobs than expected in September while the unemployment rate unexpectedly fell, dashing any expectations of a potential 50 basis points rate cut by the ... Read More
-
Bank of England's Pill urges caution on rate cuts
Friday 04 Oct 2024
(Sharecast News) - Bank of England economist Huw Pill urged caution on interest rate cuts on Friday, in contrast to more dovish comments from governor Andrew Bailey. Read More
-
UK construction sector grows at fastest pace in two-and-a-half years
Friday 04 Oct 2024
(Sharecast News) - The UK construction sector grew in September at its fastest pace in two-and-a-half years, according to a survey released on Friday. Read More
-
Maersk among Friday's fallers as US port strike called off
Friday 04 Oct 2024
(Sharecast News) - Shares in shipping firms were in the red on Friday, with Maersk particularly affected, following the resolution of a US port strike that had initially raised hopes for a boost in gl... Read More
-
Better weather boosts retail footfall - BRC
Friday 04 Oct 2024
(Sharecast News) - Retail footfall rose for the first time in over a year in September, industry data showed on Friday, as shoppers made the most of the mild weather. Read More
-
CMA orders Topps Tiles to keep CTD acquisition at arm's length during probe
Thursday 03 Oct 2024
(Sharecast News) - Topps Tiles updated the market regarding its recent acquisition of CTD Tiles, which included 30 stores, selected stock, and intellectual property for £9m, on Thursday. Read More
-
Eurozone economy falters as services growth softens
Thursday 03 Oct 2024
(Sharecast News) - The eurozone economy faltered in September, a closely-watched survey showed on Thursday, weighed down by slowing growth in the bloc's dominant services sector. Read More
-
UK business activity growth eases; prices charged inflation slows
Thursday 03 Oct 2024
(Sharecast News) - Business activity growth eased to a three-month low in September, according to a survey released on Thursday, but prices charged inflation slowed. Read More
-
Pound drops as BoE's Bailey says rate cuts could become 'more aggressive'
Thursday 03 Oct 2024
(Sharecast News) - Sterling took a hit on Thursday after Bank of England governor Andrew Bailey told the Guardian that the central bank could become a "bit more aggressive" in cutting interest rates a... Read More
-
UK manufacturing growth slows, business confidence falls
Tuesday 01 Oct 2024
(Sharecast News) - Growth in the UK manufacturing sector slowed in September, while business confidence deteriorated amid concerns about the upcoming Budget and geopolitical tensions. Read More
-
UK business leader confidence drops sharply ahead of Budget
Tuesday 01 Oct 2024
(Sharecast News) - Confidence among business leaders in the UK dropped in September to its lowest level in nearly two years, with uncertainty ahead of the Autumn Budget holding back investment decisio... Read More
You are here: news > category > economic news
10 Lower Thames St,
London EC3R 6EN