ECONOMIC NEWS
09:42
senior worker engineer jobs employment
UK GDP growth revised down for fourth quarter

UK gross domestic product growth for the final quarter of 2017 was revised down as the Office for National Statistics published its second estimate on Thursday.

09:36
aleman, germany, alemania
German business confidence deteriorates more than expected in February - Ifo

German business confidence deteriorated more than expected in February, according to a widely-followed survey released on Thursday.

06:51
Carolyn Fairbairn CBI
CBI boss dismisses 'false choice' between EU and global trade

Britain’s relationship with Europe supports trade with the rest of the world and those who say the UK must decide between the two options present a false choice, the head of the CBI will tell business leaders.

21 Feb
serco
Thursday preview: Barclays, Centrica, Playtech and Serco results in focus

Continuing the series of banks reporting this week, Barclays results on Thursday come alongside those from Anglo American, BAE Systems, British American Tobacco, Centrica, Playtech, RSA Insurance and Serco.

21 Feb
article50 theresa may
May to ask EU for extended Brexit implementation phase

The UK wants to extend the Brexit transition period to the European Union, according to reports on Wednesday.

21 Feb
cleaning services jobs employment mitie
US business activity grows more than expected in February - IHS Markit

Activity in the US manufacturing and services industries grew more than expected in February, according to preliminary data released on Wednesday.

21 Feb
hammond philip chancellor
UK February public sector surplus beats forecasts

The UK's budget surplus widened further at the start of the year, with economists optimistic that Westminster was set to overshoot its own targets for fiscal consolidation.

21 Feb
ep nicolas maduro
Maduro claims $735m raised by sale of new Venezuelan cryptocurrency

Venezuelan President Nicolas Maduro used his Twitter account on Tuesday to announce that the country has made $735m from the sale of its new cryptocurrency on the first day.

21 Feb
drone-ehang-184
AI growth could be dangerous and threaten everyday life if misused by hackers

Breakthroughs in artificial intelligence technology could be used maliciously, boosting cybercrime by means of political threats, physical attacks and data corruption, according to researchers at Cambridge University.

21 Feb
comisioneuropea_630 European Commission
EC fines vehicle shipping and supplies firms for cartel behaviour

The European Commission handed out a total of €546m in fines to car shipping and parts suppliers for anti-competitive behaviour in three separate decisions, with all companies acknowledging their involvement in the cartels and agreeing to settle the cases.

21 Feb
firma tpp
Pacific nations push ahead with TPP, final version of trade deal released

A deal to cut trade barriers in some of Asia-Pacific’s most advanced economies took a big step forward on Wednesday with the release of its final version.

21 Feb
job centre, unemployment, jobs
Stirring wage growth and rising unemployment reduce odds of rate hike

UK unemployment increased unexpectedly at the end of last year but wage data was mixed, which may stoke some further speculation about the Bank of England's likely path for interest rate hikes.

21 Feb
European Central Bank, ECB, euro, eurozone, single currency
Eurozone business growth slows more than expected in February

Business growth in the eurozone slowed more than expected this month, according to data released on Wednesday, although it remains firm overall.

20 Feb
cbfedcoin short
US government bond yields higher amid wave of issuance

The US Treasury auctioned $28bn in two-year notes at a yield of 2. 255%, attracting a bid-to-cover ratio - an indication of how many times it was oversubscribed - of 2. 72.

20 Feb
gkn,engineer
Director dealings: GlaxoSmithKline directors offload shares

Several directors of GlaxoSmithKline offloaded shares in the healthcare giant on Tuesday in order to meet certain tax liabilities.

20 Feb
andratx, vivienda, lujo, engel
Spain's Balearic Islands fine Airbnb €300,000 for illegally marketing apartments

The Balearic Islands regional government has fined Airbnb €300,000 for advertising homes whose owners didn't hold a licence for vacation rentals, a legal requirement since August 2017.

20 Feb
casa blanca twitter
DACA program expiration date looms amid deadlock on the Hill

Mike Pence has called on the US Congress to reach an agreement on immigration reform and funding for an extension of the border wall with Mexico just days after lawmakers' latest attempt at reaching a deal fell through, leaving the Deferred Action for Childhood Arrivals (DACA) program ever so close to expiring on 5 March.

20 Feb
lloyds-banking-group
Wednesday preview: UK wages, US Fed minutes and Lloyds strategy in focus

Wednesday is a big and busy day for macro news, with crucial UK labour market data, initial Eurozone purchasing managers' surveys and a closely watched set of FOMC minutes, plus corporate results from Lloyds Banking Group, Glencore and Barratt Developments.

20 Feb
cbbancodespain92
Spanish 30-year bond auction meets strong demand

A Spanish government auction of 30-year bonds has been met with a flood of demand.

20 Feb
verhofstadt
European parliament wants special access for UK after Brexit, report says

The European Parliament wants the EU to soften its stance on Brexit and negotiate an agreement that would give the UK special access to the single market, according to a report.