News And Announcements
House prices continue to rise in April - RICS
UK house prices edged higher in April, industry research showed on Thursday, as demand continued to outpace supply.
Cost of living crisis: 1.5m households face struggle to pay bills - report
An estimated 1. 5 million UK households face being unable to pay food or energy bills this year, a think tank has warned, as the UK falls into recession.
China CPI rises more than expected in April
China’s annual inflation rate rose more than expected in April as Covid lockdowns took their toll.
German inflation hits new record high in April
German inflation hit a new record high in April as food and energy prices rose, according to figures released on Wednesday by Destatis.
EC mulls joint borrowing to support Ukraine - report
The European Commission is considering a new debt issuance to provide financial support for Ukraine, it was reported on Tuesday.
Investor morale edges higher in Germany
German investor confidence strengthened slightly in May, against expectations, according to a closely-watched survey published on Tuesday.
Retail sales fall as cost of living crisis bites
UK retail sales fell in April, industry research showed on Monday, as the mounting cost of living crisis started to bite.
Northern line through Bank to reopen next week
City commuters will be relieved from 17 weeks of disruptions next week, with the reopening of the Bank branch of the Underground’s Northern line.
Eurozone investor confidence plummets - Sentix
Investor confidence has slumped in the Eurozone, a closely-watched survey showed on Monday, as the war in Ukraine pushed the region towards recession.
UK construction sector growth slows amid rising costs
UK construction sector growth slowed in April as rising costs and economic uncertainty dented demand, according to a survey released on Friday.
UK house prices grow for tenth-straight month
UK house prices grew 1. 1% month-on-month in April to another new record, according to Halifax's house price index, but the rate of house price growth was projected to slow as incomes remained squeezed.
German industrial production falls more than expected in March
German industrial production fell more than expected in March amid supply chain issues, according to figures released on Friday by Destatis.
Retail footfall strengthens in April
Retail footfall strengthened last month, industry data showed on Friday, as good weather and Easter encouraged consumers to head to the shops.
BoE lifts rates to 13-year high amid surging inflation
The Bank of England hiked interest rates to 1% on Thursday - the highest level in 13 years - as it looks to tackle surging inflation.
Service sector sees input costs hit fresh highs
Growth in the UK service sector slowed last month, a closely-watched survey showed on Thursday, as cost pressures built.
China services activity suffers second-biggest drop on record
Activity in China’s services sector suffered its second-largest drop on record in April amid tightening Covid restrictions, according to figures released on Thursday.
UK new car registrations improve slightly in April
Private new car registrations improved slightly in April but still remained well below pre-Covid levels as demand continued to be impacted by a sharp decline in real incomes and ongoing supply chain disruptions.
German factory orders slump in March
German factory orders fell more than expected in March as foreign orders slid, with the war in Ukraine taking its toll, according to figures released on Thursday by Destatis.
US private sector adds fewer jobs than expected in April
Private sector employment in the US rose less than expected in April, according to the latest data from ADP.
Eurozone retail sales fall in March
Eurozone retail sales softened in March, official data showed on Wednesday, missing forecasts.