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US consumer sentiment improves in December
US consumer sentiment improved more than initially estimated in December, according to a survey released on Friday.
US new home sales unexpectedly slump in November
US new home sales unexpectedly slumped in November, according to figures released on Friday by the Commerce Department.
London close: Stocks flat after GDP data, retail sales
It was more 'meh' than 'ho ho ho' at the end of a shortened holiday session on Friday, after data showed the UK was teetering on the brink of recession, although retail sales figures were better than expected.
Unilever to buy haircare brand K18
Unilever said on Friday that it has agreed to buy premium biotech haircare brand K18 for an undisclosed sum.
London open: Stocks edge lower after GDP, retail sales data
London stocks edged lower in early trade on Friday as a downward revision to UK GDP data raised the risk of recession, although retail sales figures were better than expected.
UK third-quarter GDP revised down to show 0.1% contraction
The UK economy shrank in the third quarter, according to figures released on Friday by the Office for National Statistics, raising the risk of recession.
London pre-open: Stocks seen lower as UK GDP revised down
London stocks were set to fall at the open on Friday as UK GDP data for the third quarter was revised down.
Friday newspaper round-up: Property sales, Royal Mail, Revolut
Property sales and demand across the UK were almost a fifth higher in the final weeks of 2023 than a year earlier as sentiment improved, according to a survey. The property website Zoopla said new sales agreed were 17% higher in December than this time last year, when higher mortgage rates hit market activity. Demand is up 19%, measured by would-be buyers contacting agents to inquire about and arrange viewings for a specific property listed on Zoopla. An increase in the number of homes for sale is increasing choice and supporting sales, it said.