News And Announcements
UK life insurers' exposure to Thames Water is 'minimal', Citi says
Analysts at Citi pointed out on Thursday that the UK life insurance sector's direct exposure to Thames Water was "minimal".
UK car production jumps - SMMT
The UK car sector reported another jump in production in May as demand continued to recover, industry data showed on Friday.
UK Q1 GDP unchanged at 0.1% - ONS
The UK economy grew by only 0. 1% in the first quarter of the year, confirming an initial estimate published in May, the Office for National Statistics (ONS) said on Friday.
House prices hold steady in June - Nationwide
UK house prices held steady in June, industry data showed on Friday, despite the mounting cost of borrowing.
Economic confidence softens across the Eurozone
Economic sentiment in the Eurozone has softened, a closely-watched survey showed on Thursday.
Spanish inflation dips below 2%
Inflation in Spain eased to 1. 9% last month, official data showed on Thursday, making it the first Eurozone country to see the rate drop below the European Central Bank’s target of 2%.
UK households draw on savings at record rate
UK households drew heavily on savings last month, official data showed on Thursday, as higher interest rates weighed on borrowing.
Ofwat approves £2.2bn of infrastrucutre investments
Ofwat finalised its decision to authorize 33 infrastructure schemes on Tuesday, amounting to a total investment of £2. 2bn.
China economy set to grow faster in Q2, says Premier Li Qiang
China's economy was expected to grow faster in the second quarter than the first three months of the year, said Premier Li Qiang on Tuesday.
UK shop price inflation eases in June
UK shop price inflation eased in June, according to figures released on Tuesday by the British Retail Consortium and NielsenIQ.
German business sentiment deteriorates further in June - Ifo
German business sentiment deteriorated more than expected in June, according to a survey released on Monday by the Ifo Institute.
UK private sector growth falters in June
The rate of growth in the UK's private sector slowed in June, a closely-watched survey showed on Friday.
Warm weather boosts retail sales in May
UK retail sales unexpectedly rose in May, helped along by warmer weather, according to figures released on Friday by the Office for National Statistics.
UK consumer confidence continues to build
UK consumer confidence continued to push higher in June, a survey showed on Friday, despite the ongoing cost-of-living squeeze.
Bank of England chooses to surprise, hikes by 50bp
The Bank of England went ahead and surprised financial markets with a half percentage point interest rate hike.
Swiss central bank ups interest rates, strikes hawkish tone
The Swiss National Bank increased the cost of borrowing for the fifth time on Thursday, as it looked to get inflation under control.
Norges Bank hikes rates by 50 basis points
Norway’s central bank hiked interest rates on Thursday by 50 basis points 3. 75% as it looks to tackle inflation.
UK factories see output soften in June - CBI
British manufacturers continued to see output volumes fall in June, an industry survey showed on Wednesday.
UK house prices nudge higher
UK house prices edged higher in April, official data showed on Wednesday, the first month-on-month increase since November.
Public sector borrowing more than doubles in May
Public sector borrowing was sharply higher last month, official data showed on Wednesday, on the back of increased benefit payments and the energy support scheme.