Economic News
No Black Friday fillip for UK's embattled high street
Black Friday failed to lift the UK’s beleaguered high street, research published today showed, with retail sales falling nearly 3% in November.
House prices to remain flat in 2019, predicts Rightmove
Overall house price growth will stall in 2019 as the UK gears up to quit the European Union, according to forecasts published on Friday.
Brent oil futures drop after OPEC summit ends without decision on output cut
In a surprise development, Thursday's meeting of energy ministers from the Organisation of Petroleum Exporting Countries and its allies adjourned without a final decision on by how much to cut the group's combined crude oil output.
US services sector activity unexpectedly picks up November - ISM
Activity in the US services sector unexpectedly picked up in November, according to data released on Thursday.
US foreign trade deficit hits 10-year high as soybean exports decline
America's trade shortfall with the rest of the world widened a tad in October on the back of stronger import demand.
Weekly US jobless claims dip, but some economists concerned
One of the most-closely tracked indicators of conditions in the US jobs market came in just a tad worse-than-expected on Thursday, nevertheless some economists expressed concern.
Over ten restaurants closing every week
Restaurants are closing at the rate of more than ten a week in Britain, research published on Thursday showed, as the sector battled over-supply and stiff competition.
US private sector adds fewer jobs than expected in November - ADP
Private sector employment in the US rose less than expected in November, according to data released by the ADP on Thursday.
Oil price under pressure ahead of crucial Opec meeting
Oil prices slipped on Thursday as comments emerged from the fringes of the meeting of Opec oil-producing nations in Vienna on Thursday.