News And Announcements
Annual UK property sales fall in August - HMRC
Annual house sales fell sharply in August, provisional government data showed on Friday.
Retail sales climb as September heatwave fades - BDO
High street sales pushed higher last week, industry research showed on Friday, as delayed autumn spending finally looked to have got underway.
Mortgage approvals at six month low - Bank of England
Mortgage approvals fell to a six-month low in August, official data showed on Friday, as higher interest rates continued to weigh on lending.
French inflation unexpectedly slows in September
French inflation unexpectedly slowed in September, official data showed on Friday, as food prices started to moderate.
UK GDP grows more than initially estimated in Q1
The UK economy grew more than initially estimated in the first quarter, according to figures released on Friday by the Office for National Statistics.
German inflation falls to lowest levels since start of Ukraine war
Germany's inflation rate looked set to decrease to 4. 5% in September, marking the lowest level seen since the onset of the war in Ukraine, according to provisional figures from the country’s federal statistical office on Thursday.
German GDP forecast to contract by 0.6% this year
Germany’s economy is on course to contract this year, a group of leading economists warned on Thursday.
Eurozone economic sentiment deteriorates again in September
Economic sentiment in the eurozone deteriorated again in September, according to a survey released on Thursday.
UK car production eases in August
UK car production fell in August, industry data showed on Thursday, putting the brakes on six months of growth.
UK house prices record first annual fall since 2012
House prices in the UK have fallen annually for the first time since June 2012, according to fresh market research on Thursday.
Water firms to return £114m to customers for serious underperformance
Water and wastewater companies in England and Wales will be required to return £114m to their customers next year due to significant underperformance, it was announced on Tuesday.
UK manufacturing sector sees output slip - CBI
The UK’s manufacturing sector continued to struggle in September, a survey showed on Friday, as higher costs weighed heavily.
German business activity contracts through Q3 - PMI
German private sector business activity remained in contraction territory in the third quarter, according to Friday's HCOB flash composite purchasing managers’ index (PMI) output index.
Eurozone economy continues to falter - PMI
Eurozone output nudged higher in September, a closely-watched survey showed on Friday, but the struggling manufacturing sector continued to weigh on growth.
UK private sector output unexpectedly falls - PMI
UK output unexpectedly fell in September, a closely-watched survey showed on Friday, dragged lower by a weaker service sector.
BoJ holds rates steady again
The Bank of Japan left its monetary policy unchanged on Friday with rates left at -0. 1%, in line with expectations.
UK retail sales rise 0.4% in August after wet July
UK retail sales rebounded in August from the rain affected prior month, rising 0. 4% on the back of strong food and clothing purchases by consumers, according to official data published on Friday.
UK consumer confidence continues to build
UK consumer confidence pushed higher in September, a long-running survey showed on Friday.
Bank of England leaves rates unchanged for first time since November 2021
The Bank of England has left interest rates unchanged for the first time in 15 meetings, the central bank announced on Thursday – though the decision was finely balanced.
Swiss National Bank keeps rates on hold
The Swiss National Bank left interest rates unchanged on Thursday, ending a run of five consecutive hikes.