Economic News
Tokyo metro operator grabs Elizabeth Line contract from China's MTR
Tokyo's metro system operator, Japanese trading company Sumitomo and Britain's Go-Ahead Group have won a contract to operate London's troubled Elizabeth Line, taking over from China's MTR, officials announced on Wednesday.
House prices push higher in September - UK HPI
UK house prices continued to grow in September, official data showed on Wednesday, despite weakness in the London market.
Eurozone construction output edges lower
Construction output in the eurozone slipped slightly in September after stagnating the previous month, according to figures released on Wednesday by Eurostat.
China keeps rates unchanged
China left benchmark lending rates unchanged on Wednesday with no repeat of the surprisingly large cuts brought in last month to boost the faltering economy.
UK inflation rises more than expected amid higher energy bills
UK inflation jumped past the Bank of England’s target in October after energy bills rose, according to data released on Wednesday by the Office for National Statistics.
German producer prices fall 1.1% in October
German producer prices fell 1. 1% in October as energy costs declined, according to official data published on Wednesday.