Economic News
10 Nov
Republicans advance tax cut packages through House and Senate

Oxford Economics senior analyst Nancy Vanden Houten said on Friday that as a result of US local elections on Tuesday the Republican party were beginning to feel a sense of urgency in passing its tax cut package after Democrats picked up a slew of new seats, showing the President's agenda may not be working.

10 Nov
Trump lashes out at 'trade abuses' in APEC speech

US President Donald Trump has lashed out at unfair trading practices during a key speech at the Asia-Pacific Economic Cooperation summit in Vietnam.

10 Nov
US consumer confidence slips in November, but wage expectations rise

Consumer sentiment in the US is a little bit weaker at the start of month, although still at lofty levels, even as Americans and analysts ponder the prospect for rising official rates and try and anticipate their potential impact on spending.

10 Nov
Barnier gives UK two weeks to clarify 'Brexit bill' position

Brexit negotiations have seen “some progress” in the latest round of talks, but according to chief EU negotiator Michel Barnier, the UK has only two weeks left to agree to a financial settlement.

10 Nov
UK construction output falls more than expected

UK construction activity is worsening, data from the Office for National Statistics showed on Friday.

10 Nov
Chancellor Hammond considers new tax on diesel vehicles

Chancellor Philip Hammond announced on Thursday evening that the Treasury was considering implementing a new tax on diesel cars as part of a move to improve air quality in the UK that was set to be unveiled in his Autumn budget on 22 November.

10 Nov
camden high street retail shopping
Retailers hit by worst high street sales in a decade - BDO

UK retailers had their worst October for high street sales in a decade, with an unusually warm autumn blamed for putting the mockers on sales of coats and other seasonal wear.

10 Nov
Automatic compensation to roll out for 90pc of broadband customers

Broadband and landline customers will get money back from their providers when things go wrong, without having to claim it, following an Ofcom review, the regulator has confirmed.

10 Nov
ricardo engine manufacturing
UK manufacturing output continues to improve, trade deficit narrows

UK industrial production is increasing more than expected and the trade deficit is narrowing, a deluge of official figures showed on Friday, with manufacturing activity continues to grow but the construction sector entered a technical recession.