News And Announcements
German business sentiment deteriorates in December - Ifo
German business sentiment deteriorated in December, according to a survey released on Tuesday by the Ifo Institute.
UK unemployment rate steady, pay growth picks up
The UK unemployment rate was steady in the three months to October, while pay growth picked up, according to figures released on Tuesday by the Office for National Statistics.
Manufacturing recession sees German economy contract further
Germany’s economy continued to contract in December, marking the sixth consecutive month of declining business activity, according to the latest HCOB flash purchasing managers’ index (PMI).
UK private sector employment sees fastest decline in nearly four years
The UK experienced the fastest decline in private sector employment for nearly four years in December, despite a marginal increase in output, according to a survey released on Monday.
UK house prices fall again in December - Rightmove
New seller asking prices fell again in December as the market slowed down in the run-up to Christmas, but activity remained strong compared to last year, according to data released by Rightmove on Monday.
German exports fall by more than expected 2.8% in October
German exports in October fell by a more-than-expected 2. 8% and imports dropped 0. 1% month on month on a seasonally adjusted basis, according to official data published on Friday.
Royal Mail fined £10.5m for missing delivery targets
Royal Mail has been fined £10. 5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year.
UK economy unexpectedly contracts in October
The UK economy unexpectedly contracted in October, according to data released on Friday by the Office for National Statistics.
UK consumer confidence ticks higher - GfK
UK consumer confidence nudged modestly higher in December, a long-running survey showed on Friday.
Global oil supply to 'comfortably' meet demand in 2025 - IEA
Global oil supply is likely to "comfortably" meet demand next year, a leading energy body predicted on Thursday, even after Opec voted to delay planned output increases.
UK house prices continue to climb - RICS
UK house prices climbed in November, industry research showed on Thursday, as the market continued to strengthen.
House prices set to rise in 2025 as cost of borrowing falls - Rightmove
House prices are set to rise by 4% next year, according to an industry forecast published on Thursday, as mortgage rates fall and demand remains strong.
UK supermarket sales set to top £13bn in December
UK supermarket sales are set to surpass £13bn in December for the first time, according to fresh data from Kantar on Tuesday, as shoppers geared up for the Christmas season.
German inflation confirmed at 2.2% in November
German inflation was confirmed at 2. 2% in November, the federal statistics office said on Tuesday.
UK labour market conditions continue to deteriorate in November
The KPMG and Recruitment and Employment Confederation's, UK Report on Jobs survey, compiled by S&P Global, pointed to a further deterioration of British labour market conditions during November.
Beijing commits to 'more proactive' stimulus measures
China's leadership committed to "more proactive" fiscal measures and a moderately looser monetary policy for 2025, it emerged overnight on Monday, in a bid to bolster domestic consumption and stabilise key markets.
UK house prices hit record high in November - Halifax
UK house prices rose in November for the fifth month in a row to hit a record high of £298,083, according to figures released on Friday by Halifax.
UK construction PMI rises to 55.2 in November
S&P Global's UK construction PMI rose to 55. 2 in November, up from 54. 3 in October and ahead of expectations for a reading of 53. 4.
New orders slide in Eurozone construction sector - PMI
The Eurozone’s construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc’s faltering economy.
US private sector adds fewer jobs than expected in November - ADP
Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP.