Economic News
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Summer weather sees retail sales heat up - BRC
Tuesday 15 Jul 2025
(Sharecast News) - Retail sales jumped in June, industry data showed on Tuesday, fuelled by demand for summer foods and electric fans as shoppers tried to beat the heat. Read More
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UK labour supply hits highest since 2020 as jobs market cools
Monday 14 Jul 2025
(Sharecast News) - Further signs of a cooling down of the UK labour market were announced on Monday after a closely followed jobs survey indicated that candidate availability increased at its sharpest... Read More
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German car stocks slide as US threatens EU with 30% tariff
Monday 14 Jul 2025
(Sharecast News) - Shares in German car makers came under pressure on Monday, as crucial trade negotiations between the European Union and US looked to stall over the weekend. Read More
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Rate cuts on the cards if jobs market slows - BoE's Bailey
Monday 14 Jul 2025
(Sharecast News) - The governor of the Bank of England has signalled larger cuts to interest rates could be on the cards, as the labour market loosens. Read More
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China exports spark ahead of looming trade deadline
Monday 14 Jul 2025
(Sharecast News) - Chinese exports jumped in June, official data showed on Monday, as companies took advantage of a temporary ceasefire in the country's trade war with Washington. Read More
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Citi backs European equities despite trade tensions
Friday 11 Jul 2025
(Sharecast News) - Citigroup has flagged European equities as its preference for the second half of the year, following six months of "extraordinary" macro shocks worldwide. Read More
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UK economy unexpectedly contracts in May
Friday 11 Jul 2025
(Sharecast News) - British GDP eased in May, government data showed on Friday, weighed down by faltering performances in manufacturing and construction. Read More
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Retail footfall wilts as temperatures soar - BRC
Friday 11 Jul 2025
(Sharecast News) - Retail footfall eased across UK high streets in June, industry data showed on Friday, as extreme heat and heavy downpours put off shoppers. Read More
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UK government scraps electricity 'zonal pricing' reforms
Thursday 10 Jul 2025
(Sharecast News) - The UK government has canned plans for so-called 'zonal pricing' for electricity usage, preferring to stick with a single national price so that the system is fairer for consumers. Read More
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UK housing market stabilises as buyer demand picks up - Rics
Thursday 10 Jul 2025
(Sharecast News) - The UK housing market picked up in June, a closely-watched survey showed on Thursday, as buyer demand strengthened and recent volatility eased. Read More
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UK firms well-placed to weather global shocks - BoE
Wednesday 09 Jul 2025
(Sharecast News) - The Bank of England warned on Wednesday that Donald Trump's tariff regime would weigh on global growth, but said UK consumers and businesses were well-placed to weather the storm. Read More
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Copper prices soar as Donald Trump pledges 50% tariff
Wednesday 09 Jul 2025
(Sharecast News) - Copper prices soared on Wednesday, after Donald Trump threatened to impose tariffs of 50% on the industrial metal. Read More
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OBR cites 'mounting risks' for UK public finances as debt levels climb
Tuesday 08 Jul 2025
(Sharecast News) - The Office for Budget Responsibility has said that the finances of the government are in a "relatively vulnerable position". Read More
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FCA fines Monzo £21.1m for financial crime control failures
Tuesday 08 Jul 2025
(Sharecast News) - Monzo Bank was fined £21.1m by the Financial Conduct Authority on Tuesday, for serious failures in its financial crime controls between October 2018 and August 2020. Read More
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RBA unexpectedly stands pat on interest rates
Tuesday 08 Jul 2025
(Sharecast News) - The Reserve Bank of Australia held interest rates at 3.85% on Tuesday, saying it needed "a little more information to confirm that inflation remains on track to reach 2.5% on a sust... Read More
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UK construction sector remains in contraction in June
Friday 04 Jul 2025
(Sharecast News) - UK construction output remained in contractionary territory in June, albeit to a lesser extent, according to a survey released on Friday. Read More
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Eurozone construction activity declines further in June
Friday 04 Jul 2025
(Sharecast News) - Eurozone construction activity declined at its sharpest pace in three months in June, as falling new orders and renewed pessimism among builders weighed on the sector. Read More
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UK new car registrations hit highest level since 2019
Friday 04 Jul 2025
(Sharecast News) - New car registrations surged in June, according to the Society of Motor Manufacturers and Traders, hitting their highest level since 2019. Read More
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UK service sector picks up in June - PMI
Thursday 03 Jul 2025
(Sharecast News) - The UK service sector rebounded modestly in June, a closely-watched survey showed on Thursday, boosted by a pick-up in consumer and business sentiment. Read More
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Growth in China's service sector eases in June - Caixin
Thursday 03 Jul 2025
(Sharecast News) - Growth in China's services sector eased in June, according to data released on Thursday. Read More
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