(Sharecast News) - German discounters Aldi and Lidl performed best in December, according to data from retail expert Kantar, which said a record £13.7bn was spent at British supermarkets over the four weeks ended 24 December. Kantar recorded Lidl's sales growth at...
Latest Economic News articles
UK manufacturing weakens for 17th straight month, PMI data shows
(Sharecast News) - The downturn in UK manufacturing output worsened in December, with the S&P Global purchasing managers' index (PMI) falling further into negative territory. The final figure for December's PMI was revised to 46.2, down from the 'flash' estimate of...
UK house prices fall 1.8% YoY in December – Nationwide
(Sharecast News) - UK house prices fell by a higher-than-expected 1.8% year on year in December, mortgage lender Nationwide said on Friday, as higher borrowing costs and deposit requirements deterred buyers. Expectations were for a 1.4% fall. Prices remained flat on a...
Boxing Day retail footfall rises, still below pre-Covid levels
(Sharecast News) - Boxing Day foot traffic saw a slight uptick this year, with a 1.4% increase in the number of shoppers compared to the previous year, according to preliminary data from MRI Software. The analysis firm, formerly known as Springboard, put the rise in...
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Rail fares to rise by 4.9pc in March
(Sharecast News) - Rail fare increases are set to rise by 4.9% from early next year, after the Department for Transport announced another...
New home sales jump 17% as buyer demand improves, says Zoopla
(Sharecast News) - The decline in house prices has started to flow as buyers and sellers become more aligned on pricing, according to...
UK retail sales rise by 1.3% in Nov as Black Friday deals boost volumes
(Sharecast News) - UK retail sales volumes rose by 1.3% in November compared with the prior month, boosted by heavily discounted Black...
Private sector activity weakens again in December, CBI data shows
(Sharecast News) - Activity in the UK's private sector declined again in the three months to December, marking the 18th month in a row...
US third-quarter GDP revised down to 4.9%
(Sharecast News) - The US economy grew less than previously estimated in the third quarter, according to figures released on Thursday by...
Downturn in UK retail sector deepens in December – CBI
(Sharecast News) - The downturn in the UK retail sector deepened in December following a disappointing festive period, according to a...
UK government borrows more than expected in November
(Sharecast News) - The UK government borrowed more than expected last month, according to figures released by the Office for National...
UK house prices see steepest annual decline since 2011
(Sharecast News) - The annual rate of decline in UK houses prices dropped in October to its steepest level in 12 years, according to...
CMA and Bank of England ink new partnership to drive collaboration
(Sharecast News) - The Competition and Markets Authority (CMA) and the Bank of England announced a new agreement on Tuesday that will see...
US manufacturing PMI falls in December flash reading
(Sharecast News) - A flash reading of S&P Global's US manufacturing PMI fell to 48.2 in December, the lowest level seen in four months,...
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