News And Announcements
High street sales fall back - BDO
UK high street sales fell sharply last week, research showed on Friday, as pressure continued to mount on the retail sector.
Gold and oil prices jump on geopolitical unrest
Commodity prices continued to rise on Friday, as tensions escalated across the Middle East.
China leaves benchmark rates unchanged
China's central bank left the cost of borrowing unchanged on Friday, as the country’s economy showed signs of stabilising.
UK public borrowing unexpectedly shrinks in September
UK government borrowing unexpectedly fell last month, but still managed to record the sixth-highest level since records began.
German producer prices suffer worst year-on-year drop on record
German producer prices suffered their worst year-on-year fall in September since records began in 1949, according to figures released by Destatis on Friday.
Retail sales drop more than expected in September
UK retail sales fell much more than expected in September as unseasonably warm weather dented clothing sales, according to figures released on Friday by the Office for National Statistics.
UK consumer confidence tumbles - GfK
Consumer confidence fell sharply in October, a closely-watched survey showed on Friday, as growing economic uncertainty weighed heavily.
LSE Group investigating system incident
The London Stock Exchange Group said on Thursday afternoon that it has restricted trading while it investigates a system incident.
UK houses prices largely unchanged in August - ONS
House prices were largely unchanged in August, official data showed on Wednesday, as higher mortgage rates continued to dampen demand.
China GDP growth beats expectations
China’s economy grew by nearly 5% in the third quarter, official data showed on Wednesday, beating market expectations.
UK inflation remains at 6.7% in September
UK inflation remained unchanged in September after three consecutive months of declines, according to figures released on Wednesday by the Office for National Statistics.
German investor sentiment picks up more than expected in October
German investor sentiment improved more than expected in October, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Competition regulators order CAA to review Heathrow price cap
UK competition regulators have ordered the Civil Aviation Authority (CAA) to amend the pricing cap it placed on what Heathrow Airport can charge airlines.
UK wage growth eases a touch
Growth in basic wages eased a little in August, according to figures released on Tuesday by the Office for National Statistics.
BoE's job of containing inflation not yet done, says chief economist
The Bank of England has "some work to do" to get inflation back down to the 2% target, according to the central bank's chief economist on Monday.
EY sees "reasons for optimism" as it upgrades UK GDP forecast for 2023
High interest rates will have an inevitable impact on UK GDP, but the economy should still be able to avoid a recession – that's according to experts at consultancy giant EY.
Jim Ratcliffe to buy 25% of Man Utd after Qatari group withdraws offer
US-listed shares of Manchester United tanked in pre-market trading on Monday after it emerged that a group of Qatari investors backed out of their offer to snap up the world-famous football team, paving the way for Sir Jim Ratcliffe to step in with a 25% stake.
UK house prices rise at slowest pace since 2008 - Rightmove
UK house prices rose in October at the slowest monthly pace for this time of year since the financial crisis of 2008, according to data released on Monday by Rightmove.
Future interest rate calls will be 'tight' - Bailey
The governor of the Bank of England warned on Friday that future interest rate decisions would be "tight", despite inflation easing.
Chinese inflation stalls as economy falters
China’s economy appeared on the brink of deflation on Friday, after official data showed inflation was flat in September.