- China manufacturing continues rebound in September AFP - 12 hours ago
- Drop in U.S. consumer spending clouds Fed rate hike outlook Reuters - UK Focus - Fri, Sep 30, 2016 15:46 BST
U.S. consumer spending fell in August for the first time in seven months while inflation showed signs of accelerating, mixed signals that could keep the Federal Reserve cautious about raising interest rates. The Commerce Department said on Friday that consumer spending, which accounts for more than two-thirds of U.S. economic …
- UK growth revised higher to 0.7% for second quarter Sky News - Fri, Sep 30, 2016 14:32 BST
- UK service firms defy Brexit, put BoE on spot over rates Reuters - UK Focus - Fri, Sep 30, 2016 10:58 BST
Britain's giant services sector grew strongly in July, according to official data giving the clearest sign to date that the economy did not slump immediately into a major slowdown after the country's vote in June to leave the EU. The Office for National Statistics also said economic growth was stronger than it previously …
- Euro zone inflation ticks up but unemployment lingers CNBC - Fri, Sep 30, 2016 10:00 BST
The rate of inflation in the euro zone doubled in September, preliminary figures show, but unemployment remained high in the region.
- UK second quarter growth revised upwards to 0.7% on strong service sector data International Business Times - Fri, Sep 30, 2016 09:57 BST
The UK's economic growth for the second quarter has been revised upwards by the Office for National Statistics to 0.7%, from a previous estimate of 0.6%. Ascribing reasons for the upward revision to the gross domestic product (GDP) figure published on 26 August, the ONS said service sector growth and consumer spending …
- U.S. economy less sluggish in 2nd qtr; companies investing more Reuters - UK Focus - Thu, Sep 29, 2016 17:21 BST
U.S. economic growth was less sluggish than previously thought in the second quarter as exports grew more than imports and businesses raised their investments, hopeful signs for the economic outlook. Other data released by the Commerce Department showed America's trade deficit for goods shrank in August, boding well for …
- British outsourcing group Capita cuts profit outlook Reuters - UK Focus - Thu, Sep 29, 2016 07:18 BST
British outsourcing group Capita cut its full-year profit outlook by as much as 13 percent on Thursday after clients delayed making decisions on projects. Capita, which employs 75,000 staff across the ...
- Jeremy Corbyn urges Labour to 'end trench warfare' Sky News - Wed, Sep 28, 2016 19:22 BST
Jeremy Corbyn has told supporters that his party is not only about protests and campaigns but also about "winning power". Speaking at the Labour conference in Liverpool, the leader promised to deliver "the socialism of the 21st century". There have been calls from his own MPs including Andy Burnham - who announced his …
- Poland gets 'super minister' for finance AFP - Wed, Sep 28, 2016 18:00 BST
- Jeremy Corbyn urges Labour to 'end trench welfare' Sky News - Wed, Sep 28, 2016 17:10 BST
Jeremy Corbyn has told supporters that his party is not only about protests and campaigns but also about "winning power". There have been calls from his own MPs (BSE: MPSLTD.BO - news) including Andy Burnham - who announced his resignation as shadow home secretary - to respond to the concerns of some British people in …
- Draghi defends ECB in Germany from ‘very vocal’ critics CNBC - Wed, Sep 28, 2016 16:25 BST
ECB President Mario Draghi appeared in Berlin on Wednesday to defend the institution from some of its sternest critics — German lawmakers.
- Prime Minister warned as number of homeless hits record levels, figures reveal PA Money News - Wed, Sep 28, 2016 16:20 BST
- Jeremy Corbyn insists it's 'about winning power' Sky News - Wed, Sep 28, 2016 16:16 BST
Jeremy Corbyn has told supporters his party is not only about protests and campaigns but also about "winning power". Speaking at the Labour conference in Liverpool, he promised to deliver "the socialism of the 21st century" under his leadership. There have been calls from MPs including Andy Burnham - who announced his …
- Jeremy Corbyn heading for clash with Labour MPs over immigration Sky News - Wed, Sep 28, 2016 14:41 BST
Jeremy Corbyn is heading for a new clash with Labour MPs by rejecting calls to back post-Brexit curbs on immigration. Ahead of his end-of-conference speech in Liverpool, which is imminent , the Labour leader said restricting free movement could mean Britons paying the price in tit-for-tat retaliation. Mr Corbyn said …
- Rise in number of households classed as 'homeless' PA Money News - Wed, Sep 28, 2016 13:46 BST
- GLOBAL MARKETS-Deutsche helps lift European stocks before Yellen, Draghi Reuters - UK Focus - Wed, Sep 28, 2016 13:09 BST
A recovery in Deutsche Bank (LSE: 0H7D.L - news) shares helped push European stocks higher on Wednesday, easing concerns over Germany's financial sector that had hit equities in Asia and drove investors into safe-haven government bonds and the dollar. Beyond banking sector worries, markets were looking ahead to separate …
- S&P: Brexit won't give UK exports a boost as big as Leave campaigners touted Business Insider UK Finance - Wed, Sep 28, 2016 11:30 BST
- The Bank of England's top markets official said the UK economy is in the middle of a post-Brexit shock Business Insider UK Finance - Wed, Sep 28, 2016 09:33 BST
Minouche Shafik, the Bank of England's top markets official, said the UK is in the middle of an economic shock brought on by the vote to leave the European Union. Shafik said “there is no doubt in my mind that the UK is experiencing a sizeable economic shock in the wake of the referendum," in a speech at Bloomberg's Most …
- FOREX-Dollar edges up from 1-month low vs yen, focus on Fed speakers Reuters - UK Focus - Wed, Sep 28, 2016 08:34 BST
The dollar rose against the yen and a basket of currencies on Wednesday, with focus shifting to the Federal Reserve chair Janet Yellen's testimony later in the day. Yellen will give her semi-annual testimony before a Congressional committee, and while it is set to be focused on financial regulation, traders said she is …
- Italy slashes growth forecasts AFP - Wed, Sep 28, 2016 00:42 BST
- Small army of Fed speakers, OPEC on tap for Wednesday CNBC - Tue, Sep 27, 2016 23:53 BST
A flurry of Fed speakers, including the Fed chair, will keep markets busy Wednesday.
- Brazil economy 'poised' for return to growth: US treasury chief AFP - Tue, Sep 27, 2016 19:55 BST
- Fact-checking the debate on taxes, economy CNBC - Tue, Sep 27, 2016 17:27 BST
Clinton and Trump's debate on taxes, trade and the economy was often acrimonious ... if not always factual. Here are the highlights.
- Europe risks disintegrating at great human cost, Greece’s Varoufakis says CNBC - Tue, Sep 27, 2016 12:58 BST
Europe is at risk of disintegration and this could come at great human cost, Greece’s fiery former finance minister warned on Tuesday.
- Report: The EU never held Britain’s economy back Business Insider UK Finance - Tue, Sep 27, 2016 10:11 BST
Britain's economy is sluggish and unproductive, and will worsen with Brexit, according to a report from the Centre for European Reform (CER). The report, authored by Simon Tilford, disputes claims made by those campaigning to leave the European Union that Britain's economy was "dynamic and flexible," and had "little to …
- Asia growth holds stable thanks to China and India: ADB AFP - Tue, Sep 27, 2016 03:14 BST
- Paris climate goals will cost Asia $300B a year, but rewards are huge: ADB CNBC - Tue, Sep 27, 2016 02:38 BST
Developing Asia will have to fork out $300 billion per year to uphold the 2015 Paris climate goals, the Asian Development Bank warned on Tuesday.
- Lane says ECB has to continue with current monetary policy strategies Reuters - UK Focus - Mon, Sep 26, 2016 21:45 BST
The European Central Bank must continue with its current strategies to lift inflation, but it will of course look at tools being pursued by other central banks including Japan's, governing council member Philip Lane said on Monday. "In Europe we consider the current strategy to be working," Lane told Bloomberg TV in an …
- Trump, Clinton advisors spar over economic plans CNBC - Mon, Sep 26, 2016 21:44 BST
As Clinton and Trump head into their first debate, their camps are confident that their candidate's economic plan will win the day.
- Economic imbalances risk "destabilising" euro zone: ECB's Draghi Reuters - UK Focus - Mon, Sep 26, 2016 16:38 BST
BRUSSELS/ROME, Sept 26 (Reuters) - Economic imbalances within the euro zone risk destabilising the currency bloc, top European Central Bank officials said on Monday, stressing the responsibility of governments to help boost growth while respecting EU rules. ECB President Mario Draghi and board member Benoit Coeure also …
- Europeans want ‘tangible benefits’ from EU institutions: ECB’s Draghi CNBC - Mon, Sep 26, 2016 15:46 BST
The European Union must show that it benefits people's lives, ECB President Mario Draghi said, as the bloc remains in limbo following the U.K.'s Brexit vote.
- KEN ROGOFF: I worry about China Business Insider UK Finance - Mon, Sep 26, 2016 08:00 BST
Ken Rogoff, the former chief economist of the International Monetary Fund, says a Chinese economic slowdown is one of the biggest problems facing the world economy. Rogoff, now a professor at Harvard, said in an interview with the BBC published Monday: "If you want to look at a part of the world that has a debt problem, …
- Rogoff: China is the biggest threat to the global economy right now CNBC - Mon, Sep 26, 2016 07:41 BST
A slowdown in China is the greatest threat to the global economy, Kenneth Rogoff, a professor of economics at Harvard University, told the BBC.
- Op-Ed: Robots won't fix Japan's economy. Abe could, but isn't trying CNBC - Mon, Sep 26, 2016 06:13 BST
Japan's aggressive monetary easing is reminiscent of Einstein's quip about doing the same thing over and over again and expecting a different result.