News And Announcements
Black Friday boosts retail footfall - BRC
UK retail footfall stabilised in November, industry data showed on Friday, as shoppers snapped up Black Friday bargains.
US pending home sales drop to record low in October
US pending home sales dropped to a record low in October as mortgage rates rose sharply.
OPEC+ agrees to cut output by a further 1m barrels a day
OPEC+ members have reportedly agreed to cut oil production by a further one million barrels a day.
Court overturns Apple's appeal of UK mobile markets probe
The Court of Appeal has upheld the Competition and Markets Authority’s (CMA) decision to initiate a market investigation into mobile browsers and cloud gaming.
Saudi said to have won provisional backing for Opec+ oil production cuts
Saudi Arabia has reportedly won provisional backing for further oil production cuts by the Opec+ group, boosting oil prices to the highest in three weeks ahead of a crucial meeting of the cartel.
RMT members agree pay deal to end strikes
Member of the RMT rail workers union have accepted a pay deal from the Rail Delivery Group (RDG), meaning that agreements have now been reached with three out of the four unions involved in recent industrial disputes.
Residential transactions fall in October - HMRC
The number of homes sold the in the UK fell sharply in October, official data showed on Thursday.
German unemployment still rising despite total employment record
The number of employed rose in Germany in October, albeit marginally, as seasonally-adjusted figures showed a slight uptick in the number of those in work since the summer.
US economy grows more than expected in Q3
The US economy grew more than initially estimated in the third quarter, according to data released on Wednesday by the Commerce Department.
German inflation falls by more than expected
German inflation eased in November to the lowest level for more than two years, official data showed on Wednesday.
UK economy to grow at sluggish pace - OECD
The UK economy will grow this year and the next, a leading global organisation forecast on Wednesday, but only at a sluggish pace.
Sentiment slides across UK service sector - CBI
Sentiment across the UK service sector softened in November, a closely-watched survey showed on Wednesday, as both volumes and profits fell.
Eurozone economic sentiment ticks higher
Economic sentiment in the eurozone ticked a little higher in November, according to a survey released on Wednesday.
LME wins lawsuit over cancellation of nickel trades
London’s High Court has ruled in favour of the London Metal Exchange (LME) in a lawsuit over its decision to cancel billions of dollars of nickel trades.
Mortgage approvals jump in October - Bank of England
Mortgage approvals sparked last month, official data showed on Wednesday, despite borrowing costs continuing to push higher.
Food companies pushing up prices by more than costs - CMA
The competition watchdog has accused food companies of pushing up prices by more than costs, adding to inflation.
Shop price inflation slows to 17-month low in November
Shop price inflation dropped to its lowest in 17 months in November, new data revealed on Tuesday, as retailers stepped up discounting ahead of the key festive shopping season.
Retail sales decline eases but Christmas outlook gloomy - CBI
The decline in UK retail sales eased somewhat in November, but the outlook for Christmas was gloomy, according to a survey released on Monday.
Rishi Sunak unveils £29.5bn of investments ahead of Hampton Court summit
British Prime Minister Rishi Sunak announced a £29. 5bn investment programme on Monday ahead of the Global Investment Summit held at Hampton Court Palace.
German business sentiment improves again - Ifo
German business sentiment improved again in November, albeit a little less than expected, according to a survey released on Friday by the Ifo Institute.