News And Announcements
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German economic outlook deteriorates for first time in a year - ZEW
The economic outlook in Germany deteriorated in July for the first time in a year, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
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Ofwat expands sewage probe to all wastewater companies in England and Wales
Ofwat announced on Tuesday that it was expanding its investigation into how water companies manage their wastewater treatment works and networks to include United Utilities and Severn Trent.
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UK house prices soften in July - Rightmove
UK house prices dipped in July, industry data showed on Monday, as the general election, international sporting events and the start of the summer holidays unsettled the market.
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Supermarkets say card payment issues resolved
Card payment disruptions at major UK retailers were reportedly resolved by Thursday afternoon, after customers at chains including Asda, Sainsbury's, and various petrol stations reporting issues with both Visa and Mastercard transactions.
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CAA cuts Heathrow landing fees further after competition findings
The Civil Aviation Authority (CAA) has ruled that the amount Heathrow is allowed to charge airlines in landing fees must be reduced by a further 6% over the next two years following a competition appeal last year.
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UK economy gathers momentum in May
The UK economy grew by more than expected in May, official data released on Thursday showed.
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UK house prices unchanged in June - Rics
UK house prices were unchanged in June, a closely-watched survey showed on Thursday, but optimism sparked across the sector following the general election.
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BoE’s Huw Pill concerned by persistence of inflation
Bank of England chief economist Huw Pill expressed concerns on Wednesday about the persistence of inflation in the UK.
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UK card spending falls for first time since February 2021
The amount that UK consumers spent on cards declined last month for the first time since the middle of the pandemic, as June's mixed weather hit high street purchases but boosted spend on takeaways, streaming subscriptions and overseas travel.
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Thames Water warns on cash as liquidity falls further
The UK’s largest water company Thames Water could see its cash run dry by the end of next May, it was revealed on Tuesday.
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UK retail sales dip slightly amid cool June weather
Retail sales in the UK dipped slightly in June, according to fresh data released on Tuesday, as a result of a markedly cooler summer so far.
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Strong online demand boosts retail sales - BDO
High street sales jumped last week, industry data showed on Friday, supported by a surge in online shopping.
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UK housebuilders surge on Labour victory
Shares in UK housebuilders jumped on Friday, on hopes that the new Labour government would reinvigorate the sector.
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House prices hold steady in June - Halifax
House prices remained largely unchanged in June, industry data showed on Friday, reflecting a subdued market.
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UK construction sector slows as housing activity drops
Growth in the UK construction sector eased by more than expected in June due to a renewed fall in housing activity, according to a purchasing managers' index released by CIPS and S&P Global on Thursday.
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UK new car registrations hit 'million motors' mark in H1
More than 1. 0m new motorcars hit British roads throughout the first six months of 2024 for the first time since the Covid-19 pandemic, according to the Society of Motor Manufacturers and Traders.
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Eurozone construction sector sees output slump - PMI
The Eurozone’s beleaguered construction sector reported another sharp decrease in output in June, a closely-watched survey showed on Thursday.
US private sector adds fewer jobs than expected in June - ADP
Private sector employment in the US rose less than expected in June, according to figures released on Wednesday by ADP.
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Election uncertainty weighs on UK service sector - PMI
The pace of growth in the UK service sector softened in June, a closely-watched survey showed on Wednesday, weighed down by the forthcoming general election.
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Economic growth softens in Eurozone - PMI
Growth in the Eurozone softened in June, a closely-watched survey showed on Wednesday, as a resurgent services sector failed to offset the slump in manufacturing.