Economic News
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Bank of England hikes interest rates to 4%
Thursday 02 Feb 2023
(Sharecast News) - The Bank of England lifted interest rates on Thursday for the tenth month in a row, by 50 basis points as expected, but also hinted that inflation may have peaked. Read More
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Network Rail makes revised offer to unions
Wednesday 01 Feb 2023
(Sharecast News) - Network Rail has tabled a revised offer to try and unblock a pay deal with unions and put an end to seven months of strikes. Read More
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Network Rail makes revised offer to unions
Wednesday 01 Feb 2023
(Sharecast News) - Network Rail has tabled a revised offer to try and unblock a pay deal with unions and put an end to seven months of strikes. Read More
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Eurozone inflation falls more than expected in January
Wednesday 01 Feb 2023
(Sharecast News) - Headline inflation in the eurozone fell more than expected in January, according to a flash estimate released on Wednesday by Eurostat. Read More
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Manufacturing downturn eases in Eurozone
Wednesday 01 Feb 2023
(Sharecast News) - The downturn in Eurozone manufacturing continued to ease in January, a closely-watched survey showed on Wednesday, as energy markets steadied. Read More
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UK manufacturing sector shrinks again
Wednesday 01 Feb 2023
(Sharecast News) - Activity in the UK's manufacturing sector shrank in January, albeit less than expected, for the sixth month in a row, according to a survey released on Wednesday. Read More
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UK house prices record sharp fall in January - Nationwide
Wednesday 01 Feb 2023
(Sharecast News) - UK house prices fell for the fifth month in a row, with annual price growth slowing to 1.1% in January as surging interest rates and inflation continued to hammer mortgage holders, ... Read More
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Slowdown in China's manufacturing sector eases - Caixin
Wednesday 01 Feb 2023
(Sharecast News) - The slowdown in China's manufacturing sector eased a little in January, according to data released on Wednesday. Read More
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Food prices surge to fresh highs - BRC
Wednesday 01 Feb 2023
(Sharecast News) - Shop price inflation hit fresh highs last month, research published on Wednesday showed, as the cost of food soared. Read More
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UK mortgage approvals slump - Bank of England
Tuesday 31 Jan 2023
(Sharecast News) - Mortgage approvals fell sharply in December, official data showed on Tuesday, as higher borrowing costs weighed heavily. Read More
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Grocery inflation surges to 16.7%
Tuesday 31 Jan 2023
(Sharecast News) - Grocery inflation soared to a fresh record in January, industry data showed on Tuesday, adding nearly £800 to annual food bills. Read More
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UK economic growth to lag behind Russia - IMF
Tuesday 31 Jan 2023
(Sharecast News) - The UK's economy will perform worse than any other advanced economy this year, including sanction-hit Russia, the International Monetary Fund has warned. Read More
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Eurozone economic sentiment improves again in January
Monday 30 Jan 2023
(Sharecast News) - Eurozone economic sentiment improved in January for the third month in a row, according to a survey released on Monday by the European Commission. Read More
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Germany at risk of recession as economy weakens
Monday 30 Jan 2023
(Sharecast News) - The German economy unexpectedly shrank in the last quarter, official data showed on Monday, leaving the country facing a possible recession. Read More
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Hunt unveils plans for UK economy, rules out tax cuts
Friday 27 Jan 2023
(Sharecast News) - The chancellor Jeremy Hunt looked to rule out any imminent tax cuts on Friday, arguing that inflation needs to fall first. Read More
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HS2 could stop short of central London - report
Friday 27 Jan 2023
(Sharecast News) - Surging costs could see the controversial High Speed 2 rail link stop short of central London, it was reported on Friday. Read More
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US new home sales pick up in December, but down for the year
Thursday 26 Jan 2023
(Sharecast News) - US new home sales rose in December, but fell overall in 2022, according to figures released on Thursday by the Commerce Department. Read More
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Retail sales slide in January - CBI
Thursday 26 Jan 2023
(Sharecast News) - Retail sales fell sharply in January, a closely-watched survey showed on Thursday, reversing festive gains. Read More
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UK producer price inflation eases
Wednesday 25 Jan 2023
(Sharecast News) - UK producer price inflation slowed in December, official data showed on Wednesday, as cost pressures eased. Read More
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Retail footfall in 'slow but steady' recovery
Wednesday 25 Jan 2023
(Sharecast News) - UK retail footfall reported strong growth during 2022, industry research showed on Wednesday, although it remains below pre-pandemic levels. Read More
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