News And Announcements
Cost of Christmas dinner jumps as food prices rise
Food inflation pushed higher last month, industry data showed on Tuesday, with Christmas staples already costing more.
German industrial production grows more than expected in October
German industrial production rose more than expected in October, according to figures released on Tuesday by Destatis.
Chinese imports surge as export growth eases
Chinese exports growth slowed marginally in November, official data showed on Tuesday, but imports unexpectedly surged.
UK house prices continue to surge - Halifax
UK house price growth has hit a 15-year high, industry research showed on Tuesday, fuelled by strong demand and a shortage of properties.
Black Friday helps boost UK retail sales
UK retail sales jumped last month, industry data showed on Tuesday, as consumers sought out Black Friday deals and got a head start on Christmas shopping.
UK CPI will 'comfortably' exceed 5.0 per cent in April, BoE's Broadbent says
A top Bank of England official said that the central bank´s inflation forecast for the second quarter of 2022 may need to be raised.
First signs of Omicron hitting shopping habits - Springboard
The Covid Omicron variant has started to alter UK shopper habits, according to retail surveyor Springboard.
UK construction output picks up as supply pressures ease
Construction output picked up in November, a closely-watched survey showed on Monday, as supply bottlenecks started to ease.
Supply shortages still holding back new car registrations
Private new car registrations reversed a four month slide in November, according to fresh figures on Monday, although supply shortages were still holding back the vehicle manufacturing sector.
German factory orders collapse in October
German factory orders tumbled in October as foreign demand fell, according to figures released on Monday by Destatis.
CBI cuts UK growth forecasts
The Confederation of British Industry has cut its UK economic growth forecasts for this year and the next as global supply issues continue to weigh heavily.
Ofgem launches review into energy firms' responses to Storm Arwen
Ofgem has launched an investigation into power firms' responses to Storm Arwen as it removed a limit on compensation for thousands of Britons impacted by associated power cuts.
Best to wait for more data on Omicron before hiking Bank Rate, BoE's Saunders says
One of the most hawkish top Bank of England officials said at the end of the week that it might be best to wait for more information on the implications of the new Covid-19 variant, Omicron, before hiking short-term interest rates.
UK govt failed to apply anti-fraud checks on Covid loans - NAO
UK taxpayers face billions of pounds of losses after the government failed to implement anti-fraud measures on its £47bn small business Covid emergency loan programme, a watchdog said on Friday.
Eurozone Nov PMI rise could be short-lived as Omicron threatens - IHS Markit
Eurozone business activity picked up the pace in November but the acceleration could be short lived as the Omicron coronavirus variant and intensifying cost pressures knocked sentiment, according to a survey released on Friday.
UK service sector growth remains strong in November
Growth in the UK services sector eased a touch in November but remained strong amid the fastest rise in new business intake in five months, according to a survey released on Friday.
UK store visits drop as bad weather deters shoppers - BRC
Visits to UK shops fell in November as bad weather kept shoppers away and Black Friday failed to boost footfall, a survey showed.
UK retail footfall declines in November
Footfall in UK retail destinations fell in November but was still a "much improved" result when compared to July, when footfall was 24. 2% below 2019 levels.
US private sector adds more jobs than expected in November
Private sector employment in the US grew a little more than expected in November, according to the latest data from ADP.
Euro zone Nov manufacturing up, but inflation tightens squeeze
Euro zone manufacturing growth rose slightly in November with worsening supply chain constraints hitting output and sending raw materials costs soaring, according to a survey released on Wednesday.