Economic News
Pound pops as May secures 'legally binding changes' to Brexit deal
Theresa May “secured legally binding changes” to her Brexit deal during a hastily arranged trip to meet European Commission president Jean-Claude Juncker in Strasbourg on Monday night.
Pound wavers on conflicting reports ahead of meaningful vote
Sterling wobbled but recovered on Monday as reports emerged from Westminster that Theresa May was poised to pull the 'meaningful vote' on her Brexit deal.
JP Morgan sees further gains for stocks after short-term consolidation
Strategists at JP Morgan recommend clients add to their positions in global equities in anticipation of further upside in the back half of the year.
US retail sales edge past forecasts in January, details of report stronger
US retail sales edged up at the start of the year following an exceptionally weak reading for the month before and some analysts said a detailed analysis showed weakness was being "substantially" overstated.
Record UK employment could be hiding economic warning signs - analysis
The UK’s buoyant employment figures could be hiding earning warning signs of an economic downturn, a report published on Monday has suggested.
Oil prices rise as Saudi Arabia takes strong stance on supply
Oil prices ticked higher on Monday after Saudi Arabia said it would produce less than 10m barrels a day in April as it continued to throw its weight behind Opec supply cuts.
Shopper footfall continues to slide in February, despite warm weather
Footfall among shoppers fell in February, the fifteenth consecutive month of declines and the weakest February in five years.
China and Indonesia ground Boeing 737 Max 8 jets after Ethiopia crash
Boeing shares are plummeting by 12% in pre-market trading after China and Indonesia decided to ground their 737 Max 8 jets made by the American aerospace giant in the wake of a catastrophic Ethiopian Airlines crash at the weekend that killed all 157 people on board.
Envelopes, crockery sets and washing powder removed from ONS inflation basket
Three-piece suites and envelopes have made way for smart speakers and flavoured tea after the Office for National Statistics updated the basket of products it uses to measure inflation.
Pub groups toast stronger sales as restaurants continue to struggle
Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.
German industrial production slides, govt said to cut forecast
German industrial production fell in January, widely missing expectations, as it was emerged that that the federal government had reportedly lowered internal forecasts economic growth for 2019.