Economic News
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UK pub body calls for parliamentary probe into 'energy profiteering'
Tuesday 24 Jan 2023
(Sharecast News) - A UK pub industry lobby group has called for a parliamentary inquiry into what it called profiteering by the energy industry at the expense of its members. Read More
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UK factories see orders fall - CBI
Tuesday 24 Jan 2023
(Sharecast News) - The manufacturing sector continued to struggle over the last three months, a survey suggested on Tuesday, although cost pressures showed signs of easing. Read More
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UK recession fears mount as business activity slumps
Tuesday 24 Jan 2023
(Sharecast News) - Private sector business activity fell sharply in January, a well-regarded survey showed on Tuesday, as higher interest rates and weakening demand weighed heavily. Read More
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German consumer confidence edges higher
Tuesday 24 Jan 2023
(Sharecast News) - German consumer confidence is continuing to edge higher, a closely-watched survey showed on Tuesday, as energy costs ease. Read More
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UK government borrowing hits record high in December
Tuesday 24 Jan 2023
(Sharecast News) - UK government borrowing hit a fresh high in December, mostly due to the household energy support scheme and high debt interest costs. Read More
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UK recession likely to be worse than feared, warns EY
Monday 23 Jan 2023
(Sharecast News) - The UK economy is facing a deeper recession than currently expected, economic forecasters at EY warned on Monday. Read More
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Households paid to cut energy usage as cold snap bites
Monday 23 Jan 2023
(Sharecast News) - National Grid will pay some British households to use less power on Monday, the first time a new scheme will be put into practice. Read More
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Retail sales unexpectedly fall in December
Friday 20 Jan 2023
(Sharecast News) - Retail sales continued to fall in December, official data showed on Friday, as hard-pressed shoppers cut back on spending. Read More
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UK consumer confidence falters in January
Friday 20 Jan 2023
(Sharecast News) - Consumer confidence faltered in January, a well-regarded survey showed on Friday, as concerns about the strength of the economy weighed heavily. Read More
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House prices slump in December - RICS
Thursday 19 Jan 2023
(Sharecast News) - House prices fell sharply in December, a closely-watched survey showed on Thursday, with weakness forecast to continue well into 2023. Read More
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Australian billionaire Andrew Forrest to open advanced battery plant in UK
Wednesday 18 Jan 2023
(Sharecast News) - Australian billionaire Andrew Forrest is planning to open an advanced battery plant in Oxfordshire later this year, creating up to 300 new jobs. Read More
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UK inflation eases in December
Wednesday 18 Jan 2023
(Sharecast News) - UK inflation eased in December, but remained close to a 40-year high, according to figures released on Wednesday by the Office for National Statistics. Read More
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Investor morale jumps in Germany
Tuesday 17 Jan 2023
(Sharecast News) - Investor sentiment bounced back in Germany, a closely-watched survey suggested on Tuesday, beating expectations. Read More
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Germany sees inflation ease
Tuesday 17 Jan 2023
(Sharecast News) - German inflation continued to ease in December, official data showed on Tuesday, as energy prices softened. Read More
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Growth slows in China as Covid weighs heavily
Tuesday 17 Jan 2023
(Sharecast News) - China's economy grew by just 3% last year, official data showed on Tuesday, well below government targets and one of the slowest rates since the 1970s. Read More
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UK wages rise at near-record pace
Tuesday 17 Jan 2023
(Sharecast News) - UK wages grew at their fastest rate in more than 20 years in the three months to November, adding pressure on the Bank of England to raise rates. Read More
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European equity market rally to start fading, says JPMorgan
Monday 16 Jan 2023
(Sharecast News) - JPMorgan Cazenove said in an equity strategy note on Monday that the current rally in European equity markets will likely start fading as we move through the first quarter. Read More
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UK house prices push higher
Monday 16 Jan 2023
(Sharecast News) - House prices nudged higher in January, industry research showed on Monday, halting two months of falls. Read More
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Eurozone industrial production sparks
Friday 13 Jan 2023
(Sharecast News) - Industrial production unexpectedly pushed higher in the Eurozone in November, official figures showed on Friday. Read More
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German economy grows touch more than expected in 2022
Friday 13 Jan 2023
(Sharecast News) - The German economy grew a touch more than expected last year but growth likely stagnated in the final quarter, according to an initial estimate released on Friday by Destatis. Read More
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