News And Announcements
Confidence among business leaders collapses - IoD
Confidence among business leaders has collapsed as the invasion of Ukraine, rising costs and soaring inflation weigh heavily, a survey by the Institute of Directors has found.
US inflation continues to rise
Inflation continued to mount in the US in February, official data showed on Thursday, putting further pressure on the Federal Reserve.
Eurozone unemployment hits new low
Unemployment across the Eurozone has fallen to a fresh low, official data released on Thursday showed.
Gazprom mulling ways to stop supplying 'unfriendly' countries - report
Gazprom is looking at ways to halt gas supplies to so-called "unfriendly" countries, it was reported on Thursday.
Oil price drops as Biden plots big US reserve release
Oil prices fell on Thursday as traders waited for an expected big release of reserves by President Joe Biden designed to stem inflation in the US economy.
UK GDP grows more than initially estimated in Q4
The UK economy grew at a faster pace than initially estimated in the fourth quarter of last year, according to data released on Thursday by the Office for National Statistics.
German inflation surges in March
German inflation surged in March to its highest level since 1981 amid soaring energy prices, according to preliminary data released by Destatis on Wednesday.
US private sector employment ticks up in March - ADP
Private sector employment in the US rose a touch more than expected in March, according to the latest data from ADP.
Shop prices soar as rising costs bite
Shop price inflation spiked in March to reach levels not seen since 2011, industry research showed on Wednesday.
US consumer confidence rebounds a little in March
US consumer confidence rebounded slightly in March, according to a survey released on Tuesday.
Grocery inflation hits 10-year high
UK shoppers are increasingly turning to cheaper own brand products, industry data showed on Tuesday, as grocery inflation rose to a near decade high.
UK consumer borrowing rises as cost of living surges
UK consumer borrowing rose sharply in February and savings deposits fell as the cost of living increased, Bank of England figures showed.
Ukraine war set to batter German consumer sentiment - GfK
German consumer morale is likely to slump next month as the war in Ukraine pushed consumer expectations to their lowest since the 2009 global financial crisis, according to a survey published on Tuesday.
UK facing historic energy shock - BoE's Bailey
Bank of England Governor Andrew Bailey has warned that the shock to real incomes from rising energy prices will be worse than those seen in the 1970s.
Good weather leads to rise in UK footfall
UK footfall rose 7. 8% week-on-week in the seven days ended 27 March, according to retail experts Springboard, with shops on high streets, in retail parks and in shopping centres all welcoming more shoppers through their doors.
S&P cuts forecast for Eurozone growth
S&P Global Ratings has cut its forecast for economic growth in the Eurozone, as energy prices soar following Russia’s invasion of Ukraine.
Treasury's Yellen pushes back on need for sanctions on China to deter against aid for Russia
America's Secretary of the Treasury argued against imposing sanctions on China as a partner to Russia.
US, EU agree increased LNG exports to cut reliance on Russia supply
The US and EU on Friday struck a deal to increase exports of liquefied natural gas (LNG) to the block and cut its dependence on Russian energy.
German business sentiment tumbles in March
German business sentiment nosedived in March as the conflict in Ukraine weighed, according to a survey released on Friday by the Ifo Institute.
UK February car production slumps 41% as chip shortages bite
UK February car production fell 41% year on year as computer chip shortages and the closure of a Honda plant in July disrupted output, according to industry data released Friday.