CMA to launch formal investigation into vet market
The UK’s Competition and Markets Authority said on Tuesday that it has provisionally decided to launch a formal market investigation after a review into the veterinary industry found that pet owners could be paying too much for medicines or prescriptions.
UK wage growth slows again, unemployment rate ticks up
UK wage growth eased again in the three months to January, while the unemployment rate ticked higher, according to figures released on Tuesday by the Office for National Statistics, raising rate cut expectations.
Eurozone GDP ends 2023 unchanged
The eurozone economy was little changed at the end of 2023, official data showed on Friday, allowing it to narrowly skirt recession.
German industrial production pushes higher
German industrial production ticked higher in January, official data showed on Friday, beating expectations.
ECB leaves rates unchanged; cuts inflation, growth forecasts
The European Central Bank kept interest rates unchanged on Thursday as it cut inflation and growth forecasts.
UK businesses forecast inflation to ease - BoE
UK businesses expect output inflation to continue easing over the coming year, a Bank of England survey showed on Thursday.
German factory orders plummet in January
German factory orders plunged in January, official data showed on Thursday, falling by far more than expected.
China Jan-Feb exports smash estimates with 7.1% rise
China reported a sharply better-than-expected rise in exports for the first two months of the year, according to official figures published on Thursday.
House prices rise for fifth month in a row - Halifax
UK house prices rose for the fifth month in a row in February, according to figures released on Thursday by Halifax.
Spring Budget garners mixed reaction
The chancellor’s spring Budget received a mixed reaction on Wednesday, as business groups and economists digested the government’s latest plans to bolster the UK’s faltering economy.
Chancellor trims National Insurance in pre-election Budget
The chancellor of the exchequer cut National Insurance and pledged to overhaul the tax regime for non-domiciled residents on Wednesday, in what was likely his last Budget before the next general election.
Upturn in housebuilding boosts UK construction sector - PMI
The UK’s hard-pressed construction sector strengthened last month, a closely-watched survey showed on Wednesday, led by a turnaround in housebuilding.
German trade surplus widens as exports rally
German exports rallied in January, official data showed on Wednesday, reversing the sharp falls seen at the end of last year.
Eurozone construction activity still subdued despite Feb uptick - PMI
The contraction in eurozone construction sector continued halfway through the first quarter of the year, despite a slight uptick in activity last month, according to a purchasing managers index (PMI) released on Wednesday.
Gold price hits record high
Gold prices hit a record high on Wednesday amid rising expectations of a US rate cut in June.
Hunt to cut National Insurance by 2p in Budget - report
Chancellor Jeremy Hunt will reportedly use his Budget on Wednesday to cut national insurance by a further two percentage points for 27m workers in a move worth £450 on average.
UK car registrations rise YOY in February, business and fleet sales drive growth
New car registrations rose 14. 0% to 84,886 units last month, according to the Society of Motor Manufacturers and Traders, delivering the best February performance since 2004.
UK retail sales subdued in February as wet weather provides a drag
UK retail sales growth slowed last month as volumes were dampened by the wettest February on record, according to the British Retail Consortium-KPMG Retail Sales Monitor released on Tuesday.
EZ manufacturing activity eases slightly in Feb - PMI
Eurozone manufacturing activity slowed slightly in February, but signs continued that contraction in the sector was easing, according to flash estimates from a survey published on Friday.
House prices return to growth for first time in more than a year
Annual house prices in the UK returned to growth in February for the first time in more than a year following a dip in borrowing costs, according to figures released by Nationwide on Friday.