News And Announcements
Savills said trading so far in 2021 was better than expected and comfortably ahead of a year earlier, helped by the booming UK housing market.
The European Commission upgraded its forecasts for growth on Wednesday, citing fiscal support, progress in the Covid-19 vaccination programme and easing restrictions.
Industrial production nudged only marginally higher in the Eurozone at the end of the first quarter, coming in well below forecasts, official data showed on Wednesday.
The UK economy contracted in the first quarter as Covid restrictions and the third lockdown weighed, but rebounded in March, according to figures released on Wednesday by the Office for National Statistics.
The latest study from the Office of National Statistics revealed that younger people were hit hard by the pandemic, and early in the crisis, employment among 16-24-year-olds fell faster than for any other age group.
Opec reiterated its 2021 forecasts for world oil demand on Tuesday, as it nudged its predictions for global economic growth higher.
Factory prices continued to push higher in China, rising at their fastest rate since October 2017, official data showed on Tuesday.
German investor sentiment improved significantly in May as the third wave of coronavirus eased, hitting its best level in more than 20 years, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
UK retail sales rose 7. 3% in April, boosted by strong demand after non-essential stores reopened, industry figures showed.
The National Institute of Economic and Social Research has upped its growth forecasts for the UK, the influential think-tank confirmed on Monday.
Analysts at Citi believe the results of the Scottish elections during the previous week's will see some of the more acute near-term risks ease.
Wet weather dampened the number of shoppers visiting British high streets last week, industry data showed on Monday.
Investor confidence in the Eurozone has surged to a three-year high, a closely-watched survey showed on Monday, as the economy continued to recover from the worst of the Covid-19 pandemic.
Sterling rallied to a near three-month high on Monday, as the last of the election results were confirmed and the loosening of lockdown restrictions remained on track.
House prices smashed March's record highs during April, with the property market continuing to maintain its recent momentum.
The number of UK companies that have claimed furlough dropped from the January peak of 852,000 by 12,000 in the month of February.
UK construction output rose strongly in April as Covid-19 restrictions eased but costs increased at the fastest pace for at least 24 years, a survey showed.
Shoppers are returning to UK high streets as lockdown measures ease and non-essential retail reopens, industry data showed on Friday.
The number of workers on furlough has fallen to 4. 2m, government data published on Thursday showed.
The Bank of England stood pat on monetary policy on Thursday to support the recovery and ensure that consumer price inflation returned to its 2. 0% target sustainably.