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Economic News

Private sector outlook at lowest in over two years, CBI says
Monday 23 Dec 2024
(Sharecast News) - Private sector firms in the UK expect activity to fall in the first quarter of 2025, with expectations at their weakest levels in more than two years.
UK economy stagnates in third quarter
Monday 23 Dec 2024
(Sharecast News) - The UK economy stagnated in the third quarter of the year, according to figures released on Monday by the Office for National Statistics.
No cheer for retailers ahead of Christmas, says CBI
Friday 20 Dec 2024
(Sharecast News) - UK retailers were struggling to find any cheer in the run up to Christmas as sales fell amid worries over rising costs next year, according to the Confederation of British Industry.
UK retail sales rise less than expected in November
Friday 20 Dec 2024
(Sharecast News) - UK retail sales missed expectations in November, but borrowing figures came in better than expected, according to data released on Friday by the Office for National Statistics.
Norges Bank leaves rates on hold at 4.50%, signals March rate cut
Thursday 19 Dec 2024
(Sharecast News) - Norway's central bank kept interest rates on hold on Thursday at a 16-year high of 4.50%, as widely expected.
FCA extends deadline for firms to respond to motor finance complaints
Thursday 19 Dec 2024
(Sharecast News) - The Financial Conduct Authority (FCA) extended the deadline for firms to respond to complaints, it announced on Thursday, related to motor finance agreements without discretionary commission arrangements (DCAs), until 4 December 2025.
Bank of England leaves interest rates unchanged
Thursday 19 Dec 2024
(Sharecast News) - The Bank of England left interest rates on hold at 4.75% on Thursday, in a move widely expected following a recent uptick in inflation.
Factory output falls at fastest rate since mid-2020 - CBI
Wednesday 18 Dec 2024
(Sharecast News) - Output volumes in the manufacturing sector fell in the quarter to December at the fastest pace since mid-2020, according to the latest Industrial Trends survey from the Confederation of British Industry.
UK house prices push higher while rents rocket - ONS
Wednesday 18 Dec 2024
(Sharecast News) - UK house prices sparked in October, government data showed on Wednesday, as the market continued to strengthen, while average rents surged by more than 9%.
Amazon reportedly settles with UK drivers over self-employment dispute
Wednesday 18 Dec 2024
(Sharecast News) - Amazon has reached a settlement with thousands of UK delivery drivers, it emerged on Wednesday, who claimed the company deprived them of fair compensation by misclassifying them as self-employed.
Halifax forecasts 'modest' house price growth in 2025
Wednesday 18 Dec 2024
(Sharecast News) - UK house prices are set to grow "modestly" in 2025, Halifax said on Wednesday, following a better-than-expected performance over the last 12 months.
UK inflation pushes higher to reach 2.6%
Wednesday 18 Dec 2024
(Sharecast News) - UK inflation reached 2.6% in November, official data showed on Wednesday, the second consecutive monthly rise.
German business sentiment unexpectedly improves in December - ZEW
Tuesday 17 Dec 2024
(Sharecast News) - German business sentiment unexpectedly improved in December, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
German business sentiment deteriorates in December - Ifo
Tuesday 17 Dec 2024
(Sharecast News) - German business sentiment deteriorated in December, according to a survey released on Tuesday by the Ifo Institute.
Thames Water seeks High Court approval for £3bn emergency loan
Tuesday 17 Dec 2024
(Sharecast News) - Thames Water, the UK's largest water utility, is seeking High Court approval for a £3bn emergency loan to avert a cash crisis that could see the company run out of funds by March.
UK unemployment rate steady, pay growth picks up
Tuesday 17 Dec 2024
(Sharecast News) - The UK unemployment rate was steady in the three months to October, while pay growth picked up, according to figures released on Tuesday by the Office for National Statistics.
UK private sector employment sees fastest decline in nearly four years
Monday 16 Dec 2024
(Sharecast News) - The UK experienced the fastest decline in private sector employment for nearly four years in December, despite a marginal increase in output, according to a survey released on Monday.
Manufacturing recession sees German economy contract further
Monday 16 Dec 2024
(Sharecast News) - Germany's economy continued to contract in December, marking the sixth consecutive month of declining business activity, according to the latest HCOB flash purchasing managers' index (PMI).
UK house prices fall again in December - Rightmove
Monday 16 Dec 2024
(Sharecast News) - New seller asking prices fell again in December as the market slowed down in the run-up to Christmas, but activity remained strong compared to last year, according to data released by Rightmove on Monday.
Royal Mail fined £10.5m for missing delivery targets
Friday 13 Dec 2024
(Sharecast News) - Royal Mail has been fined £10.5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year.

Digital Look

Economic News

Private sector outlook at lowest in over two years, CBI says

UK economy stagnates in third quarter

No cheer for retailers ahead of Christmas, says CBI

UK retail sales rise less than expected in November

Norges Bank leaves rates on hold at 4.50%, signals March rate cut

FCA extends deadline for firms to respond to motor finance complaints

Bank of England leaves interest rates unchanged

Factory output falls at fastest rate since mid-2020 - CBI

UK house prices push higher while rents rocket - ONS

Amazon reportedly settles with UK drivers over self-employment dispute

Halifax forecasts 'modest' house price growth in 2025

UK inflation pushes higher to reach 2.6%

German business sentiment unexpectedly improves in December - ZEW

German business sentiment deteriorates in December - Ifo

Thames Water seeks High Court approval for £3bn emergency loan

UK unemployment rate steady, pay growth picks up

UK private sector employment sees fastest decline in nearly four years

Manufacturing recession sees German economy contract further

UK house prices fall again in December - Rightmove

Royal Mail fined £10.5m for missing delivery targets

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