Economic News
Later Black Friday timing sees UK retail sales fall
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.
Eurozone unemployment holds steady at record low
Unemployment in the eurozone held steady a record low for the third straight month in October, according to figures out on Monday from Eurostat.
UK manufacturing output falls to nine-month low
UK manufacturing activity fell to a nine-month low in November as new orders fell, according to a survey released on Monday.
Review could see UK data releases return to mid-morning
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.
Eurozone manufacturing outlook remains bleak as contraction worsens
The manufacturing downturn across the eurozone worsened in November, data from S&P Global and Hamburg Commercial Bank (HCOB) confirmed on Monday, with the rate of contraction accelerating in the region's three largest economies.
High street sales plunge in "disastrous" November, BDO says
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
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.