News And Announcements
UK consumer confidence falters in January
Consumer confidence faltered in January, a well-regarded survey showed on Friday, as concerns about the strength of the economy weighed heavily.
House prices slump in December - RICS
House prices fell sharply in December, a closely-watched survey showed on Thursday, with weakness forecast to continue well into 2023.
Australian billionaire Andrew Forrest to open advanced battery plant in UK
Australian billionaire Andrew Forrest is planning to open an advanced battery plant in Oxfordshire later this year, creating up to 300 new jobs.
UK inflation eases in December
UK inflation eased in December, but remained close to a 40-year high, according to figures released on Wednesday by the Office for National Statistics.
Investor morale jumps in Germany
Investor sentiment bounced back in Germany, a closely-watched survey suggested on Tuesday, beating expectations.
Germany sees inflation ease
German inflation continued to ease in December, official data showed on Tuesday, as energy prices softened.
Growth slows in China as Covid weighs heavily
China’s economy grew by just 3% last year, official data showed on Tuesday, well below government targets and one of the slowest rates since the 1970s.
UK wages rise at near-record pace
UK wages grew at their fastest rate in more than 20 years in the three months to November, adding pressure on the Bank of England to raise rates.
European equity market rally to start fading, says JPMorgan
JPMorgan Cazenove said in an equity strategy note on Monday that the current rally in European equity markets will likely start fading as we move through the first quarter.
UK house prices push higher
House prices nudged higher in January, industry research showed on Monday, halting two months of falls.
Eurozone industrial production sparks
Industrial production unexpectedly pushed higher in the Eurozone in November, official figures showed on Friday.
German economy grows touch more than expected in 2022
The German economy grew a touch more than expected last year but growth likely stagnated in the final quarter, according to an initial estimate released on Friday by Destatis.
UK economy unexpectedly grows
The UK economy unexpectedly grew in November, official data showed on Friday, easing recession fears.
China's exports, imports tumble
Both exports and imports plunged in China last month, official data showed on Friday, as Covid tore through the economy and global demand weakened.
China consumer inflation nudges higher
Inflation in China pushed higher last month, official data showed on Thursday, driven by rising food prices.
Strikes can continue for 'long haul', rail unions warn MPs
Rail unions have warned MPs that there is no immediate end in sight to their increasingly bitter dispute over pay and working conditions.
World Bank downgrades outlook for global economy
A dire outlook for the global economy was issued by the World Bank on Tuesday, with officials warning that the planet’s financial health was “on a razor’s edge”.
Byron considering pre-pack admin affecting half its locations
Struggling ‘gourmet’ burger chain Byron is considering the closure of almost half of its remaining restaurants, it emerged on Tuesday.
Festive demand boosts supermarket sales
Grocery sales jumped in December, industry research showed on Tuesday, as shoppers splashed out on last-minute festive treats.
Strong festive demand sees high street sales jump
UK retail sales jumped in December, industry data showed on Tuesday, as shoppers splashed out on Christmas food and gifts.