News And Announcements
Empire State manufacturing index improves more than expected
Manufacturing activity in the New York area improved a lot more than expected in November, according to a survey released on Tuesday.
UK company insolvencies spike as economy falters
The number of insolvencies in the UK spiked last month, official figures showed on Tuesday, as the economic downturn took its toll.
Ofwat orders Thames, Southern Water to pay back £80m to customers
Water regulator Ofwat said on Tuesday that it has ordered Thames Water and Southern Water to repay nearly £80m to customers after missing key performance targets.
German investor sentiment improves in November
German investor sentiment improved more than expected in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Hunt mulling fresh windfall tax on power generators - report
The chancellor Jeremy Hunt is considering introducing a 40% windfall tax on the "excess returns" of electricity generators as part of this week’s Autumn Statement, it was reported on Tuesday.
China's economy falters in October
China’s economy lost momentum in October, official data showed on Tuesday, hit by both Covid restrictions and weaker demand.
UK unemployment rate ticks up, wages continue to lag inflation
The UK unemployment rate ticked higher in September, while real wages continued to grow but lag inflation, according to figures released on Tuesday by the Office for National Statistics.