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Barnier fires shot across May's bows ahead of Florence speech

Barnier fires shot across May's bows ahead of Florence speech

Thu, 21 September 2017

(ShareCast News) - Ahead of the UK Prime Minister's major Brexit speech on Friday, chief European Union Brexit negotiator Michel Barnier has warned Theresa May against trying to have her cake and eat ... [more]

Friday preview: Importance of May's Brexit speech 'cannot be over-emphasised'

Friday preview: Importance of May's Brexit speech 'cannot be over-emphasised'

Thu, 21 September 2017

(ShareCast News) - Theresa May's Big Brexit Speech in Florence may dominate the narrative on Friday, though for traders and investors there's PMI surveys and one from the CBI, with results from Sage a... [more]

Chancellor given more Budget freedom as public deficit lower than forecast

Chancellor given more Budget freedom as public deficit lower than forecast

Thu, 21 September 2017

(ShareCast News) - Public sector borrowing was lower than expected in August, as government spending remains depressed by austerity programmes but allowing the Chancellor's a little room for a fiscal ... [more]

Bank risks policy mistake by hiking in November, Credit Suisse says

Bank risks policy mistake by hiking in November, Credit Suisse says

Wed, 20 September 2017

(ShareCast News) - Credit Suisse changed its rate call for the Bank of England to a hike in November, adding that it would be a 'one-off' and was likely to be a "big" policy mistake. "We think a rate ... [more]

US existing home sales unexpectedly drop in August

US existing home sales unexpectedly drop in August

Wed, 20 September 2017

(ShareCast News) - Sales of US existing homes unexpectedly fell in August, according to data from the National Association of Realtors. Sales fell by 1.7% to a seasonally-adjusted annual rate of 5.35m... [more]

FCA investigations up 75% in last year

Wed, 20 September 2017

(ShareCast News) - The Financial Conduct Authority has commenced 75% more investigations this year than last year, according to one of the body's top officials. Speaking at a conference in London on W... [more]

Music industry creates 23,000 new jobs in 2016

Wed, 20 September 2017

(ShareCast News) - According to the 2017 Measuring Music report released by UK Music on Wednesday, almost every sector of the music industry grew in 2016, with live music revenue jumping up 14% to bri... [more]

Theresa May preparing €20bn Brexit bill offer - reports

Wed, 20 September 2017

(ShareCast News) - Theresa May is preparing to offer the EU €20bn to settle a post-Brexit divorce bill with the bloc, according to reports ahead of the Prime Minister's speech in Florence on Frid... [more]

OECD upgrades eurozone and China growth forecasts; UK and US unchanged

Wed, 20 September 2017

(ShareCast News) - Forecasts for growth of the eurozone and China have been upgraded by the OECD, as global growth increases this year and next. The OECD upped its forecasts for the eurozone to 2.1% f... [more]

UK retail sales surge shows consumers resilience, lifting sterling

Wed, 20 September 2017

(ShareCast News) - UK retail sales spiked higher on the back of inflationary pressures and increased sales volumes in August, official figures revealed on Wednesday. Retail sales volumes increased 1% ... [more]

Boris Johnson denies reports he plans to resign within the week

Tue, 19 September 2017

(ShareCast News) - On Tuesday afternoon, Boris Johnson denied that he had been preparing to resign by the end of the week as rumours circulated that a rift had formed between the Foreign Secretary and... [more]

KPMG cleared of misconduct in HBOS audit

Tue, 19 September 2017

(ShareCast News) - The UK's independent regulator has announced the closure of its investigation into KPMG's audit of collapsed banking and insurance company HBOS, after finding that the group could n... [more]

Brexit puts almost 10,000 finance jobs at risk

Tue, 19 September 2017

(ShareCast News) - According to a new survey conducted by Reuters, almost 10,000 finance jobs could be relocated from the UK or created overseas in coming years in the event that Britain loses access ... [more]

Zero hours contracts make up 5% of all UK employment - ONS

Tue, 19 September 2017

(ShareCast News) - Employment contracts in the UK with no guaranteed hours make up 5% of the total contracts given out to workers, the Office of National Statistics has revealed. The total number of s... [more]

FCA warns UK debt situation may need government intervention

Tue, 19 September 2017

(ShareCast News) - The Financial Conduct Authority has warned that the government needs to step in to help fight rising debt levels amongst Britain's most vulnerable consumers as personal debt continu... [more]

Uber, Addison Lee to be hit by new TfL fees

Mon, 18 September 2017

(ShareCast News) - The cost for large private hire operators is set to skyrocket in the capital, as Transport for London confirmed major changes to the way it charges licensing fees for private hire o... [more]

Brexit to be inflationary, BoE's Carney says

Mon, 18 September 2017

(ShareCast News) - Brexit will be inflationary in the short-term, the head of the Bank of England said as he reiterated the Monetary Policy Committee's recently adopted stance that some withdrawal of ... [more]

UK Government proposes post-Brexit security agreement with EU

Mon, 18 September 2017

(ShareCast News) - The UK government announced on Monday that it was looking to finalise a comprehensive new security, law enforcement and criminal justice partnership with the EU after Britain leaves... [more]

Bookmakers offer to fund addiction ad campaign ahead of industry review

Mon, 18 September 2017

(ShareCast News) - Betting companies in the UK have offered to fund an addiction awareness campaign as the government prepares a report into the gambling industry. Bookmakers and broadcasters have off... [more]

CMA fines estate agent 'cartel' over price fixing scandal

Mon, 18 September 2017

(ShareCast News) - In 2017, the Competition and Market's Authority (CMA) found that a group of estate agents in Somerset had agreed to fix minimum commission rates for the sale of residential properti... [more]

Women more likely to be underpaid says Low Pay Commission

Mon, 18 September 2017

(ShareCast News) - A report from the Low Pay Commission, which advises the government on minimum wage levels, found that women made up the majority of workers whose employers failed to pay them the mi... [more]

Boris Johnson accused of 'misuse of official statistics' by chief UK statistician

Mon, 18 September 2017

(ShareCast News) - Boris Johnson has come under fire after a 4,000-word opus on a post-Brexit utopia penned by the Foreign Secretary was published on Friday evening, throwing him firmly back into the ... [more]

Motor insurance prices 'likely to stay flat', Deutsche upgrades Admiral

Mon, 18 September 2017

(ShareCast News) - Motor insurance pricing is set to hold steady as companies benefit from another shift in the sector's dynamics, Deutsche Bank said as it recommendation on Admiral and kept Direct Li... [more]

UK house prices drop 1.2% in September, dragged lower by London - Rightmove

Mon, 18 September 2017

(ShareCast News) - Average UK asking prices fell in September, dragged lower by a big drop in the capital, according to the latest figures from Rightmove. The average UK asking price fell by 1.2% on t... [more]

Uni Michigan sentiment dips in September on hurricane woes

Fri, 15 September 2017

(ShareCast News) - US consumer sentiment dipped a little in September amid worries about the impact of hurricanes Harvey and Irma, according to a preliminary reading from the University of Michigan. T... [more]