News And Announcements
Bank of England hikes interest rates to 4%
The Bank of England lifted interest rates on Thursday for the tenth month in a row, by 50 basis points as expected, but also hinted that inflation may have peaked.
Network Rail makes revised offer to unions
Network Rail has tabled a revised offer to try and unblock a pay deal with unions and put an end to seven months of strikes.
Eurozone inflation falls more than expected in January
Headline inflation in the eurozone fell more than expected in January, according to a flash estimate released on Wednesday by Eurostat.
Manufacturing downturn eases in Eurozone
The downturn in Eurozone manufacturing continued to ease in January, a closely-watched survey showed on Wednesday, as energy markets steadied.
UK manufacturing sector shrinks again
Activity in the UK’s manufacturing sector shrank in January, albeit less than expected, for the sixth month in a row, according to a survey released on Wednesday.
UK house prices record sharp fall in January - Nationwide
UK house prices fell for the fifth month in a row, with annual price growth slowing to 1. 1% in January as surging interest rates and inflation continued to hammer mortgage holders, according to figures released by lender Nationwide on Wednesday.
Slowdown in China's manufacturing sector eases - Caixin
The slowdown in China’s manufacturing sector eased a little in January, according to data released on Wednesday.