News And Announcements
UK housing sales expectations 'stagnant' as buyer demand softens
A slight upward move in UK mortgage rates over the past few weeks has dampened demand for housing, with near-term sales expectations softening, according to the latest RICS UK Residential Survey released on Thursday – though the rate of new listings was at its highest in more than three years.
Sweden's Riksbank trims interest rates
Sweden’s central bank trimmed interest rates on Wednesday, for the first time since 2016.
Eurozone retail sales push higher
Eurozone retail sales pushed higher in March, official data showed on Tuesday, beating expectations.
Eurozone construction sector struggles as new orders fall
The eurozone construction sector remains in decline at the start of the second quarter of the year after a sharp fall in new orders, with Germany, Italy and France the major contributors, a survey published on Tuesday revealed.
UK new car registrations rise for 21st month in a row
UK new car sales rose for the 21st month in a row in April, according to the Society of Motor Manufacturers and Traders, driven by increased demand for fleet vehicles.
UK construction sector expands at fastest pace in more than a year
The UK construction sector expanded in April at its fastest pace in more than a year, according to a survey released on Tuesday.
House prices return to growth in April - Halifax
UK house prices returned to growth in April, with the housing market "finding its feet in an era of higher interest rates", according to data released on Tuesday by Halifax.
UK April retail sales hit by wet weather, early Easter - BRC
UK total retail sales fell 4% year on year in the April as wet spring weather deterred shoppers, despite businesses offering hefty discounts in an attempt to entice customers into stores, according to a survey published on Tuesday.
Norway holds rates steady as expected
Norway's central bank kept interest rates on hold at 4. 50% on Friday, in line with expectations, adding that a tight monetary policy stance may be necessary longer than planned to curb inflation.
UK service sector output grows at fastest pace since May 2023
UK service sector output grew in April at its fastest pace since May 2023, according to a survey released on Friday.
CMA set for deeper probe of Pennon's SES acquisition
Pennon Group worked to assure the market that its acquisition of Sutton and East Surrey Water (SES Water) would avoid a deeper competition probe on Friday, telling shareholders that it planned to offer “appropriate undertakings” to regulators.
UK retail footfall falls sharply in April
Retail footfall fell sharply in April, industry data showed on Friday, hit by poor weather and the early timing of Easter.
German manufacturing downturn eases slightly - PMI
The downturn in Germany’s hard-pressed manufacturing sector eased marginally last month, a closely-watched survey showed on Thursday, although it remained in contraction.
UK economic growth to remain 'sluggish' - OECD
UK growth is set to remain sluggish this year, a leading economic organisation forecast on Thursday, weighed down by restrictive monetary policy.
US private sector employment rises more than expected - ADP
Private sector employment in the US rose more than expected April, according to figures released on Wednesday by the ADP.
UK manufacturing sector shrinks - PMI
The UK manufacturing sector shrank last month, a closely-watched survey showed on Wednesday, as supply chain disruption hit home.
UK house prices fall again in April - Nationwide
UK house prices unexpectedly fell in April for the second month in a row, as borrowing rates went up, according to figures released on Wednesday by Nationwide.