Personal Finance News
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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
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Shop prices continue moving into deflation in September
Tuesday 01 Oct 2024
(Sharecast News) - Shop prices continued to move into deflation in September, with a year-on-year decline of 0.6%, according to the British Retail Consortium-NielsenIQ Shop Price Index on Tuesday. Read More
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UK mortgage approvals jump to two-year high
Monday 30 Sep 2024
(Sharecast News) - Approvals for mortgages in the UK rose to their highest in two years in August, while consumer borrowing increased more than expected, according to data from the Bank of England on ... Read More
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UK second-quarter growth revised lower
Monday 30 Sep 2024
(Sharecast News) - The UK economy grew less than initially estimated in the second quarter, according to figures released on Monday by the Office for National Statistics. Read More
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UK house-price growth accelerates in September
Monday 30 Sep 2024
(Sharecast News) - House prices in the UK rose at their fastest rate in nearly two years this month, with values now just 2% shy of record highs, according to data released on Monday by Nationwide. Read More
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UK retail sales nudge higher in September - CBI
Friday 27 Sep 2024
(Sharecast News) - Retail sales edged higher in September, an industry survey showed on Friday, boosted by strong online demand. Read More
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Eurozone economic sentiment weakens in September
Friday 27 Sep 2024
(Sharecast News) - Confidence eased across the eurozone in September, an official survey released on Friday showed, as the bloc's economic recovery struggled to take hold. Read More
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Chinese equities rally as Beijing moves to bolster economy
Friday 27 Sep 2024
(Sharecast News) - Chinese equities rallied on Friday following a series of moves by Beijing intended to bolster the country's ailing economy, including a further cut to a key interest rate. Read More
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UK consumer confidence slides ahead of Budget - BRC
Thursday 26 Sep 2024
(Sharecast News) - Consumer confidence fell in September, a well-regarded survey showed on Thursday, as people waited anxiously for next month's Budget. Read More
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UK's FCA proposes stronger protection rules for e-money firms
Wednesday 25 Sep 2024
(Sharecast News) - Britain's financial watchdog is proposing to tighten up protections for customers holding cash in e-money institutions. Read More
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OECD raises UK growth forecast for 2024
Wednesday 25 Sep 2024
(Sharecast News) - The Organisation for Economic Cooperation and Development (OECD) revised its forecast for the UK economy on Wednesday, projecting faster growth than Japan, Italy, and Germany this y... Read More
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Sweden's Riksbank trims interest rates
Wednesday 25 Sep 2024
(Sharecast News) - Sweden's central bank trimmed interest rates on Wednesday, in line with expectations, and said it expected to cut further in the coming months. Read More
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FCA extends deadline for motor finance complaints to late-2025
Tuesday 24 Sep 2024
(Sharecast News) - The finance regulator has extended the deadline for motor finance firms to respond to complaints in its ongoing review into whether customers have been overcharged because of the us... Read More
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German business sentiment deteriorates more than expected - Ifo
Tuesday 24 Sep 2024
(Sharecast News) - German business sentiment deteriorated more than expected in September, according to a survey released on Tuesday by the Ifo Institute. Read More
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BoE governor Bailey expects rates to fall further as inflation slows
Tuesday 24 Sep 2024
(Sharecast News) - Bank of England governor Andrew Bailey on Tuesday predicted that interest rates will settle at a "neutral rate", with inflation having come down "a long way". Read More
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UK PMIs miss expectations as growth momentum eases
Monday 23 Sep 2024
(Sharecast News) - Private business activity in the UK grew less than expected in September with growth in tailing off slightly across the board, according to a purchasing managers' index (PMI) survey... Read More
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PBoC injects CNY 235bn into economy, lowers 14-day repo rate
Monday 23 Sep 2024
(Sharecast News) - The People's Bank of China injected around CNY 234.6bn (£25.05bn) into the banking system on Monday - the first such infusion in months - as it lowered the 14-day reverse repurchas... Read More
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Summer weather helps retail sales surge
Friday 20 Sep 2024
(Sharecast News) - Retail sales hit their highest level in more than two years in August, official data showed on Friday, beating expectations. Read More
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Government borrowing overshoots forecasts
Friday 20 Sep 2024
(Sharecast News) - Higher-than-expected borrowing in August pushed public sector net debt to 100% of GDP, official figures showed on Friday. Read More
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UK consumer confidence tumbles - GfK
Friday 20 Sep 2024
(Sharecast News) - UK consumer confidence fell sharply in September, a long-running survey showed on Friday, despite the more stable economic backdrop, as people nervously wait on next month's Budget. Read More
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