Economic News
House market weakens as Brexit fears bite - RICS
The UK housing market got off to a weak start in 2019, with enquiries, sales and new instructions all down, as Brexit uncertainty continued to take its toll.
UK used car sales down 2.1% in 2018 - SMMT
UK used car annual sales fell 2. 1% to 7. 9m sales, with 167,980 fewer cars changing owner compared to 2017, the Society of Motor Manufacturers and Traders said on Wednesday.
US household debt reaches record high of $13.5trn
American household debt rose to $13. 5trn at the end of 2018, fuelling concerns that the US is ill-prepared for any potential downturn in its economic fortunes.
Heineken cheers market with strong full-year results
Investors toasted Heineken on Wednesday, sending shares in the Dutch brewer 6% higher on forecast-beating results.
Trump offers olive branch in China trade talks
US president Donald Trump has indicated he could extend a crucial deadline as Washington and Beijing seek an agreement over trade.
UK businesses demand answers on no-deal Brexit
UK business leaders published a list of twenty critical questions for the government to answer in order to prepare for a potential no-deal Brexit.
House price growth slows to lowest rate for more than five years - ONS
Annual house price growth has fallen to its lowest level since 2013, official data showed on Wednesday.
Energy cap pulls inflation below Bank of England's target
Inflation nudged below the Bank of England’s 2% target for the first time in two years in January, official figures showed on Wednesday, as energy prices eased.