Economic News
India vows to bans bitcoin in its crack down on cryptocurrencies
Indian finance minister Arun Jaitley has announced the Indian government will do everything to discontinue the use of bitcoin in a move to eliminate crypto-assets that finance illegitimate activities, while still backing exploration of blockchain technology.
Catalonia doubts linger as Puidgemont's restoration as president fails
The Catalan parliament postponed the vote to reinstall Carles Puigdemont as president on Wednesday, plunging Catalonia back into renewed political uncertainty and the potential search for a new candidate.
US initial jobless claims unexpectedly decline
The number of Americans filing for unemployment benefits fell last week, according to data from the Labor Department.
FX round-up: Weak manufacturing reverses pound's gains against euro
Sterling slipped back against the euro after weak manufacturing data dented confidence in the economy but the pound held on to gains against the weakening dollar.
Limits on EU migration would cost the economy, government analysis shows
The government's confidential Brexit analysis shows cutting migration from the EU would cost the economy more than any gains from a US trade deal, according to a report.
Eurozone manufacturing powers into 2018
The eurozone’s booming manufacturing sector made a strong start to 2018, as it maintained the record performance seen throughout 2017.
UK manufacturing growth weakens for second month
UK manufacturing growth slowed at the beginning of 2018 because of weaker domestic demand, though the strong global economy continued to support the sector.
House prices grow more than expected in January - Nationwide
British house prices grew more than expected in January, according to a survey released by mortgage lender Nationwide.