Economic News
08 Jan
theresa may conference 2017
May's pledge to 'refresh' Cabinet results in few changes at the top

Prime Minister Theresa May's attempt on Monday to "refresh" her ministerial team ended smelling like a pub before the smoking ban took force, as several refused to go and one resigned rather than move.

08 Jan
Trump defends his mental health: "I'm a stable genius"

President Donald Trump has hit back at people questioning his mental health by boasting about his intelligence on Twitter.

08 Jan
Nicola Sturgeon Escocia
Nicola Sturgeon: "No Brexit is preferable to no deal"

First Minister of Scotland Nicola Sturgeon has made clear that a Brexit without a deal is unthinkable and has said that Theresa should stop appeasing hard-line Brexiteers and think about what is best for the country.

08 Jan
merkel, germany, alemania, aleman
Merkel hopeful of renewed coalition talks

German Chancellor Angela Merkel said she was optimistic that renewed talks between her Christian Democratic Union (CDU) and the Social Democratic Party (SDP) would break the nation's political stalemate.

08 Jan
morrison supermarket grocer vegetable fruit
Tuesday preview: Morrison leads retail rush, BRC retail sales, EU jobs

January is a big month for retail investors and Tuesday sees this start to become apparent with trading updates from Morrisons and four others, plus industry sales data from the British Retail Consortium and Kantar.

08 Jan
ep cajacambios fabricadaskodagrupo volkswagen
UK manufacturers optimistic for 2018 despite Brexit worries

According to EEF/AIG's executive survey, the country's manufacturers are entering 2018 in the most optimistic mood about the global economic outlook since 2014, albeit amid a rising balance of companies who see more risks than opportunities.

08 Jan
FCA fines former RBS trader over Libor rigging

The Financial Conduct Authority has slapped a £250,000 fine on former RBS trader, Neil Danziger, for attempting to manipulate the Libor rate for the Japanese yen.

08 Jan
European consumer, business and investor sentiment surveys all impress

European consumer, business and investor sentiment surveys were all better than expected on Monday, though expectations for inflation and therefore interest rates remain low.

08 Jan
offices services jobs workspace meeting
UK economic sentiment rises along with improved EU mood

UK economic sentiment improved in December, according to a European Commission survey released on Monday.

08 Jan
National Bank of Romania hikes interest rates by surprise

Romania's central bank surprised most forecasters on Monday, hiking its main policy rate at the turn of the year in a bid to dampen above-target inflation.

08 Jan
China FX reserves rise to highest level in over a year in December

China's foreign exchange reserves hit their highest level since September 2016 last month as interbank liquidity tightened, analysts said.

08 Jan
aleman, germany, alemania
German factory orders slip in November

German factory orders unexpectedly slipped in November, according to data released by Destatis.

08 Jan
Gold bars
2018 outlook for miners compelling, Barclays says

The outlook for miners remains "compelling", analysts at Barclays told clients, pointing to a raft of positive drivers for the sector.

08 Jan
ep coche coches volkswagen
Volkswagen and Uber partner with NVIDIA for self-driving vehicles

Volkswagen and Uber will introduce NVIDIA tech in their vehicles to create artificially intelligent self-driving cars and trucks.

08 Jan
Eurozone retail sales beat forecasts

Retailers in the euro zone are enjoying a better time than their UK counterparts, a survey showed on Monday.

08 Jan
London houses
House prices drop for first time since last June - Halifax

House prices in the UK fell in December for the first time since June last year, according to data from lender Halifax.

08 Jan
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December decline in consumer spending caps 2017's five year low

Consumer spending in the UK fell in December and 2017 was the first full year to show a decline for five years, according to credit and debit card data revealed on Monday.