News And Announcements
UK economy returns to growth in August
The UK economy returned to growth in August, according to figures released on Thursday by the Office for National Statistics.
UK house prices continue to fall - RICS
UK house prices continued to fall in September, an industry survey showed on Thursday, as higher interest rates and mortgage costs weighed on demand.
IMF's forecasts for UK economy to be taken with 'a few pinches of salt' - report
The International Monetary Fund's World Economic Outlook can be interpreted in more ways than one, according to Sky News, with the first of which being to declare that the UK economy was "heading for the buffers".
Deal-hunting pulls UK grocery inflation to 14-month low
A continuing hunt for deals meant that the annual rise in UK grocery prices eased to a 14-month low in September, with budget retailers Aldi and Lidl continuing to take market share from some of the bigger players.
UK retail sales growth slows, as shops brace for 'fierce' winter
UK retail sales slowed dramatically in September, as milder weather affected seasonal clothing purchases and the cost-of-living crisis prevented consumers taking on big-ticket items like furniture and electricals.
Eurozone investor sentiment falls less than expected
Eurozone investor sentiment deteriorated less than expected in October, according to data released on Monday.
German industrial production falls again in August
German industrial production fell in August for the fourth month in a row, according to data released on Monday by Destatis.
House prices fall again amid high borrowing costs - Halifax
Annual house prices fell again in September as high borrowing costs continued to dent the market, according to Halifax.
Footfall slides as shoppers stay at home - BRC
Retail footfall eased in September, industry research showed on Friday, as the unseasonably warm weather put off shoppers.
UK car registrations grow in September
UK car registrations grew year-on-year in September but failed to meet the average seen before the Covid-19 pandemic laid waste to the automotive industry.
Housebuilding slump weighs heavily on UK construction
The UK construction sector contracted sharply in September, a closely-watched survey showed on Thursday, as new orders tumbled at the fastest rate for over three years.
German exports fall more than expected in August
German exports fell more than expected in August, adding to expectations of a recession in the third quarter, according to figures released on Thursday by Destatis.
HS2 rail project to be scrapped - Sunak
The troubled HS2 rail project has been scrapped, Rishi Sunak confirmed on Wednesday, ending weeks of speculation about its future.
Private sector demand slides across Eurozone
The Eurozone economy continued to falter last month, data showed on Wednesday, as demand for goods and services fell sharply.
UK services sector suffers worst performance in eight months
The UK’s services sector suffered its worst performance in eight months in September amid subdued demand and cutbacks to non-essential spending, according to a survey released on Wednesday.
RBA keeps rates at 11-year high of 4.1%, as expected
The Reserve Bank of Australia kept its key interest rate on hold on Tuesday for the fourth month in a row.
Shop price inflation slows to 12-month low as food prices fall
A monthly measure for shop-price inflation fell to its lowest level in a year in September, with food prices falling for the first time in over two years.
Eurozone unemployment falls to below pre-pandemic levels
Unemployment rates in the euro area and the European Union (EU) declined in August, according to fresh data published by Eurostat on Monday.
Eurozone manufacturing remains 'mired in deep downturn'
The eurozone manufacturing sector remained "mired in a deep downturn" last month as factory orders plummeted and job losses accelerated, according to a survey released on Monday.
UK manufacturing sector shrinks again in September
The UK manufacturing sector continued to shrink in September - albeit at a slower pace - as rising interest rates and the cost-of-living crisis took their toll.