News And Announcements
German factory orders rise more than expected in October
German factory orders rose more than expected in October, according to figures released on Tuesday by Destatis.
Black Friday boosts high street sales
Black Friday and the colder weather helped boost high street sales last month, industry data showed on Tuesday.
Rail walkouts on track after RMT rejects pay offer
A spate of nationwide rail strikes over the busy festive season looked increasingly likely on Monday, after the RMT union rejected a pay offer.
Investor morale strengthens across Eurozone
Investor sentiment across the Eurozone has strengthened by more than expected, a closely-watched survey found on Monday.
UK to unveil City of London reform package on Friday - report
The UK government is reportedly set to announce a package aimed at boosting growth in financial services and the City of London on Friday.
UK retail footfall rises 5.4% week-on-week
Retail footfall rose in the seven days ended 3 December as consumers headed to the shops ahead of the holiday season.
UK services sector contracts again in November
Activity in the UK services sector contracted again in November amid the fastest decline in new business volumes since January 2021, according to a survey released on Monday.
UK at risk of 'lost decade' as year-long recession looms - CBI
The UK faces a potential "lost decade", the Confederation of British Industry warned on Monday, as stagflation left the economy braced for a year-long recession in 2023.
UK November new car sales up 23.5% - SMMT
UK November new car registrations grew by more than a fifth year on year, the fourth successive increase, according to industry data released on Monday.
Eurozone sliding into recession as output contracts again
Economic activity in the eurozone contracted in November for the fifth month in a row, suggesting that the bloc is falling into recession, according to a survey released on Monday.
China services activity hits six-month low in November - Caixin
Activity in China’s services sector shrank further in November, hitting a six-month low amid Covid restrictions, according to data released on Monday.
TotalEnergies cuts UK investment by £100m as windfall tax raised
France's TotalEnergies said it would cut investment in North Sea projects by 25% after the government raised a windfall tax on the sector.
FCA warns insurers over undervaluing payouts
The financial regulator has warned insurance firms against undervaluing cars and other insured items when making payouts.
Retail footfall stumbles ahead of festive trading - BRC
Retail footfall struggled in November, industry data showed on Friday, as the cost of living crisis dampened spending.
Black Friday helps boost high street sales - BDO
High street sales pushed higher last week, according industry data, after hard-pressed shoppers snapped up Black Friday bargains.
German exports and imports fall in October
Germany recorded a fall in both exports and imports in October, official data showed on Friday, leading to a larger-than-expected trade surplus.
Ofcom to probe firms over in-contract price hikes
Ofcom has launched an industry-wide probe into how clearly phone and broadband firms explain in-contract price rises.
Eurozone unemployment nudges lower
Unemployment across the eurozone nudged lower in October, official data showed on Thursday.
Eurozone manufacturing downturn eases in November
The slowdown in eurozone manufacturing activity eased in November, according to a survey released on Thursday.
German retail sales fall 2.8% in October
German retail sales fell a more-than-expected 2. 8% in October compared with the previous month as consumers reined in discretionary spending, data showed on Thursday.