News And Announcements
Industrial production unexpectedly jumps in Eurozone
Industrial production unexpectedly jumped across the Eurozone in November, official data showed on Wednesday.
Financial wellbeing squeezed as cost of living surges - survey
Households’ financial wellbeing fell sharply at the end of 2021, a survey showed on Wednesday, as savings came under pressure and the cost of living rose.
China inflation eases at faster-than-expected pace
China’s factory gate inflation slowed at a faster-than-expected rate in December, official data showed on Wednesday.
FCA to launch two probes into market data sector
The Financial Conduct Authority announced two market studies on Tuesday, to investigate access to wholesale data.
Take-Two Interactive to buy Zynga in $12.7bn deal
Grand Theft Auto maker Take-Two Interactive has agreed to buy Zynga in a $12. 7bn deal.
Retail footfall drops as work from home guidance hits city centres
Footfall at UK retail destinations fell last week, with Central London suffering the biggest decline amid work from home guidance, according to data released on Monday by retail analyst Springboard.
Emerging economies must brace for Fed tightening policy - IMF
Emerging markets should prepare for heightened turbulence as the US Federal Reserve tightens policy, the International Monetary Fund has warned.
CMA clears Admiral Taverns acquisition of Hawthorn pub business
The Competition and Markets Authority has cleared Admiral Taverns' takeover of the Hawthorn pub business.
UK construction growth hits three-month low in December
Growth in the UK construction sector hit a three-month low in December amid disruption from the Omicron variant, according to a survey released on Friday.
German industrial production unexpectedly drops in November
German industrial production unexpectedly declined in November, according to figures released on Friday by Destatis.
House prices rise at fastest annual pace since July 2007 - Halifax
UK house prices rose in December at the fastest annual pace since July 2007 amid strong demand and low supply, but are expected to cool in 2022, according to a survey released on Friday by Halifax.
Omicron sees retail footfall slip further in December
Consumer caution around the Omicron variant of Covid-19 saw retail footfall slip back in December, with industry data on Friday showing an 18. 6% decline in the month when compared to the pre-pandemic period two years prior - below the three-month average decline of 16. 4%.
CMA chief executive Coscelli to step down in July
The Competition and Markets Authority confirmed on Thursday that chief executive Andrea Coscelli will step down from the role at the end of his term in July.
UK 2021 new car sales up slightly but still down 30% on 2019
UK new car registrations recorded a slight rise in 2021 but were still well behind pre-Covid-pandemic levels as semi-conductor shortages continued to hinder sales, according to figures released on Thursday.
UK service sector growth eases to 10-month low amid Omicron
Growth in the UK services sector eased to a 10-month low in December as the Omicron Covid variant took its toll, according to a survey released on Thursday.
Google, Facebook to be fined EUR 201m by French privacy regulator
Internet giants Google and Facebook were eyeing up fines totalling €210m, it was reported on Thursday, for breaking European Union privacy rules.
German factory orders return to growth in November
Factory orders returned to growth in Germany in November, with fresh data from Destatis on Thursday showing a 3. 7% month-to-month increase, above the consensus for a 2. 1% rise.
China services sector grows in December - Caixin
China’s services sector expanded in December amid improved demand, according to a survey released on Thursday.
US private sector employment grows more than expected in December
Private sector employment in the US grew more than expected in December, according to the latest data from ADP.
Tesco wins as supermarkets back in favour over Xmas - Kantar
UK supermarkets became popular once again as sales their highest level since March 2020 over Christmas with Tesco emerging as the main beneficiary.