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  • Later Black Friday timing sees UK retail sales fall

    Tuesday 03 Dec 2024

    (Sharecast News) - Fresh retail sales data on Tuesday morning showed a sharp decline in sales in November, reflecting a challenging time for the retail sector due to the later timing of Black Friday.

  • Review could see UK data releases return to mid-morning

    Monday 02 Dec 2024

    (Sharecast News) - The UK government is poised to decide early next year whether to shift the release of key economic data to within financial market hours, it emerged on Monday, in response to concerns from traders and market participants over volatility caused by the current pre-market timing.

  • UK manufacturing output falls to nine-month low

    Monday 02 Dec 2024

    (Sharecast News) - UK manufacturing activity fell to a nine-month low in November as new orders fell, according to a survey released on Monday.

  • High street sales plunge in "disastrous" November, BDO says

    Monday 02 Dec 2024

    (Sharecast News) - High street sales plunged in November, falling at their steepest levels in nearly four years, with retailers bracing for a tough Christmas selling period amid an atmosphere of "economic anxiety".

  • UK private sector braced for tough start to 2025 - CBI

    Monday 02 Dec 2024

    (Sharecast News) - UK companies expect 2025 to get off to a poor start, an industry survey showed on Monday, weighed down by rising labour costs and weak sentiment.

  • Global macro outlook "more uncertain", says Bank of England

    Friday 29 Nov 2024

    (Sharecast News) - The Bank of England has warned that the global economic outlook has become more uncertain and risks have increased, while a potential sharp correction in asset prices could hike the cost of borrowing.

  • UK house prices to rise 2.5% in 2025, Zoopla says

    Friday 29 Nov 2024

    (Sharecast News) - Lower mortgage rates have supported a return to house price growth across every region of the UK, according to Zoopla, which has predicted a 2.5% increase in prices next year with buyer demand up by a quarter on last year.

  • Mortgage approvals hit two-year high - Bank of England

    Friday 29 Nov 2024

    (Sharecast News) - Mortgage approvals hit a two-year high in October, Bank of England data showed on Friday, as the UK housing market continued to regain ground.

  • UK retail footfall tumbles in November - BRC

    Friday 29 Nov 2024

    (Sharecast News) - Retail footfall tumbled in November, industry data showed on Friday, hit by stormy weather, weak consumer confidence and tough comparatives.

  • French borrowing costs mount on budget tensions

    Thursday 28 Nov 2024

    (Sharecast News) - France's borrowing costs briefly topped those of Greece on Thursday, as political tensions around controversial budget plans mounted.

  • UK car production tumbles 15pc in October

    Thursday 28 Nov 2024

    (Sharecast News) - UK car manufacturing output declined 15.3% in October, with just 77,484 vehicles produced, marking the eighth consecutive month of contraction, according to data released on Thursday by the Society of Motor Manufacturers and Traders (SMMT).

  • FCA fines former Wizz Air exec for secret trading

    Wednesday 27 Nov 2024

    (Sharecast News) - The Financial Conduct Authority said on Wednesday that it has fined András Sebők, former chief supply chain officer at Wizz Air, for trading company shares when he wasn't allowed and failing to disclose his trades.

  • RMT accepts pay offer, settles tube dispute with TfL

    Wednesday 27 Nov 2024

    (Sharecast News) - The Rail, Maritime and Transport (RMT) union said it had settled its long running pay dispute with London Underground, calling the result a "substantial victory".

  • UK consumer sentiment remains weak - BRC

    Thursday 28 Nov 2024

    (Sharecast News) - UK consumer confidence remained largely unchanged following the Budget, a survey showed on Thursday, weighed down by ongoing concerns about the strength of the economy.

  • Supermarket loyalty pricing not disadvantaging consumers - CMA

    Wednesday 27 Nov 2024

    (Sharecast News) - The Competition and Markets Authority (CMA) published its findings on loyalty pricing in the UK grocery sector on Wednesday, concluding that such practices were not creating unfair disadvantages after a nearly year-long review.

  • RBNZ lowers interest rate, tempers expectations for future cuts

    Wednesday 27 Nov 2024

    (Sharecast News) - The Reserve Bank of New Zealand lowered its official cash rate (OCR) by 50 basis points to 4.25% on Wednesday, marking its second consecutive half-point cut.

  • UK retailer sentiment falls at fastest pace in two years

    Tuesday 26 Nov 2024

    (Sharecast News) - UK retailer sentiment fell at the fastest pace in two years throughout November, according to the Confederation of British Industry.

  • UK shop price inflation slows further in November

    Tuesday 26 Nov 2024

    (Sharecast News) - Shop prices in the UK continued to decline in November, it was reported on Tuesday, but the rate of deflation slowed, signaling a potential shift in inflationary trends.

  • CMA says Apple's browser policies hinder innovation

    Friday 22 Nov 2024

    (Sharecast News) - The Competition and Markets Authority (CMA) announced on Friday that it has provisionally found that Apple's policies on mobile browsers hinder innovation, impacting UK businesses and millions of users.

  • US composite PMI shows robust expansion for November

    Friday 22 Nov 2024

    (Sharecast News) - The US economy showed signs of robust expansion in November, with S&P Global's composite purchasing managers' index (PMI) reaching a 31-month high of 55.3, up from October's 54.1.

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