News And Announcements
German producer prices surge
German producer prices surged at a record rate last month, official data showed on Wednesday, as the war in Ukraine started to weigh heavily.
UK retail footfall grows 15% in lead up to Easter break
Retail footfall rose in the lead up to Easter as consumers got a chunk of shopping in ahead of the long weekend, according to retail experts Springboard.
US consumer sentiment unexpectedly improves in April
US consumer sentiment unexpectedly improved in April, according to a survey released on Thursday by the University of Michigan.
ECB stands pat on rates, to end QE in third quarter
The European Central Bank left its key interest rates unchanged on Thursday as it confirmed plans to end its asset purchase programme in the third quarter.
UK retail footfall expected to grow 6.2% over Easter weekend
UK footfall will rise 6. 2% over the Easter long weekend, according to retail expert Springboard, with a spike predicted on Saturday.
UK housing market remains solid despite economic worries - RICS
The UK housing market had solid growth in March as the number of homes listed for sale rose despite worries about higher living costs and interest rates, a survey showed.
UK house prices rise 10.9% in February - ONS
UK house prices rose 10. 9% in February year on year, higher than estimates, according to official data released on Wednesday.
UK inflation hits 30-year high in March
UK inflation hit a fresh 30-year high in March as energy and food prices surged, according to figures released on Wednesday by the Office for National Statistics.
FCA staff vote in favour of strike
Over 75% of staff at the Financial Conduct Authority have voted in favour of industrial action following a dispute around changes to pay and conditions.
US inflation hits fresh 40-year high in March
Us inflation hit a fresh 40-year high in March as energy prices surged due to the war in Ukraine.
WTO cuts global trade growth forecast
The World Trade Organisation has cut its forecast for global trade growth this year, citing the impact of the Ukraine conflict.
German investor sentiment deteriorates less than expected - ZEW
German investor sentiment deteriorated a little less than expected in April, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
UK real pay falls as inflation bites - ONS
Real pay for UK workers fell for the second month running as wage rises were more than offset by rising inflation, official figures showed.
Waning confidence puts brakes on retail sales growth
Retail sales growth slowed in March, according to fresh data released on Tuesday, as waning consumer confidence took the wind out of the sector’s recovery from the pandemic.
China inflation hits three-month high in March
Inflation in China hit a three-month high in March amid supply chain issues and Covid lockdowns, and following Russia’s invasion of Ukraine, according to data released on Monday by the National Bureau of Statistics.
UK growth slows more than expected in February
UK economic growth slowed more than expected in February, according to figures released on Monday by the Office for National Statistics.
HSBC downgrades Intertek to 'hold'
HSBC downgraded its recommendation on shares of inspection, product testing and certification group Intertek on Friday, slashing the price target to 5,700p from 6,500p.
UK starting salaries rise at fastest pace on record - survey
UK starting salaries rose at a record pace in March but hiring slowed, according to a survey released on Friday by KPMG and the Recruitment & Employment Confederation.
UK retail footfall improves but outlook is uncertain - BRC
Visits to UK retailers picked up in March as Covid-19 restrictions were lifted and signs of spring appeared but squeezed incomes cast a cloud over the sector, an industry survey showed.
Tesco gives below-inflation wage rise to shop workers
Tesco announced a 55p-per-hour pay rise for its supermarket staff on Thursday, bringing the UK’s largest private employer into line with its discounter competitors in terms of pay.