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Economic News
13 Mar
prudential pru
Wednesday preview: Chinese data, Prudential, Morrison in focus

Another reading on US inflation, this time on factory gate prices, will share the market spotlight on Wednesday with a batch of first-tier indicators due out from the People's Republic of China.

13 Mar
ep veneno toxico
Russia won't respond to ultimatum until given access to substance used in poisoning

Russia wants access to the substance used to poison former spy Mr Skripal and his daughter on 4 March before it answers Theresa May’s ultimatum to give "a credible response" by the end of Tuesday or face consequences.

13 Mar
Palestinian prime minister survives bomb attack in Gaza

Ramdi Hamdallah has suffered a bomb attack on his convoy in his first visit to the Gaza strip in five months.

13 Mar
philip hammond, chancellor
OBR commentary pours cold water on 'Tigger-like' Hammond

The Office for Budget Responsibility's spring report shows that Philip Hammond's upbeat statement that there is "light at the end of the tunnel" for the UK economy after years of austerity is based almost entirely on an improved global economy rather than any domestic improvement.

13 Mar
ECB needs to mind the risk of sharp rise in euro, Lane says

The European Central Bank needs to keep an eye out for the risk of an unexpected jump in the value of the single currency.

13 Mar
chancellor philip hammond
Hammond raises prospect of public spending increases

Philip Hammond held out the prospect of increases to public spending as he set out improved short-term figures for UK economic growth and the public finances, including lower than expected government borrowing in 2017-18.

13 Mar
housing, construction, building
First stage of 'housing gap' report to be delivered by Letwin in June

A government investigation into the gap between completed new homes and the amount of land with planning permission owned by housebuilders has already made some initial observations and will publish a first analysis in June.

13 Mar
ep mujer haciendo yoga
Quiche, yoga leggings, GoPro cameras added to ONS inflation basket

Ladies' exercise leggings, GoPro-style video cameras, fresh raspberries, quiche, pre-mashed potato and kids' soft play have all been added to the basket of goods used by the Office of National Statistics to calculate inflation in 2018.

13 Mar
Trump fires Secretary of State Rex Tillerson, CIA chief Pompeo set to replace him

US Secretary of State Rex Tillerson is out of the White House after a series of disagreements with President Donald Trump.

13 Mar
Tottenham Hotspur new stadium football
Dugout buys News Corp platform to distribute sports content to Asia

Digital football business Dugout will launch a new South-East Asia business by acquiring the Ballball platform from News Corp.

13 Mar
US inflation rises in line with expectations in February

US inflation data for February came in as expected on Tuesday, no doubt helping to assuage concerns about rising inflation as investors try to gauge whether the Federal Reserve will hike rates three or four times this year.

13 Mar
factory, factories, manufacturing
UK growth weakest in G20 as world economy strengthens, OECD says

The world economy is strengthening but Britain will have the weakest growth in the G20 in 2018, the Organisation for Economic Cooperation and Development said.

13 Mar
commuters commuting jobs
UK hiring confidence improves ahead of second quarter of 2018

UK hiring confidence has improved ahead of the second quarter of 2018, according to an influential report from recruiter Manpower.

13 Mar
US small business confidence index beats forecasts in February

A widely-followed gauge of small business confidence picked-up last month amid expectations for higher real sales and improved economic sentiment.