Economic News

Latest News

  • Labour To Cap Rents To Help 'Generation Rent'

    Labour plans to bar private landlords from raising rents faster than inflation over a three-year period if it wins power after the General Election. Party leader Ed Miliband described Labour's blueprint as "a plan for a stable, decent, prosperous private rental market where landlords and tenants can succeed together". …

  • India's SMEs still to be convinced by business-friendly PM

    Indian Prime Minister Narendra Modi speaks during the inauguration of the Global Exhibition on Services, in New Delhi, on April 23, 2015

  • Labour To Cap Rents To Help 'Generation Rent'

    Labour plans to bar private landlords from raising rents faster than inflation over a three-year period if it wins power after the General Election. Party leader Ed Miliband described Labour's blueprint as "a plan for a stable, decent, prosperous private rental market where landlords and tenants can succeed together". …

  • Labour To Cap Rents To Help 'Generation Rent'

    Labour plans to bar private landlords from raising rents faster than inflation over a three-year period if it wins power after the General Election. Party leader Ed Miliband described Labour's blueprint as "a plan for a stable, decent, prosperous private rental market where landlords and tenants can succeed together". …

  • 5 Things to Watch on the Economic Calendar The Wall Street Journal - Fri, Apr 24, 2015 21:14 BST

    Next week’s roster of reports will bring a first look at the winter economy, two readings of consumer optimism, consumer income and spending and factory surveys. All that plus a two-day Fed meeting! In a busy week, here are five things to watch:

  • Week ahead: Political debates and central banks in focus Sharecast - Fri, Apr 24, 2015 19:07 BST

    With little doubt what will be of most interest for investors next week, given that the next general elections are now looming, will be the three-way election debate between Cameron, Clegg and Miliband ...

  • Weak U.S. business spending data hints at sluggish growth rebound Reuters - UK Focus - Fri, Apr 24, 2015 17:25 BST

    U.S. business investment spending plans fell for a seventh straight month in March, weighed down by a strong dollar and lower energy prices, suggesting the economy was struggling to rebound from a recent soft patch. The report from the Commerce Department on Friday came on the heels of lukewarm data on retail sales, employment …

  • Few signs of electoral angst as sterling hits 5-week high Reuters - UK Focus - Fri, Apr 24, 2015 16:36 BST

    Sterling rose to a five-week high against the dollar on Friday, joining a global push against the greenback and putting in doubt the running assumption that uncertainty ahead of the UK general election is a mounting risk for the pound. Hedge funds were said to be among those buying sterling, on track for a 1.5 percent …

  • Sterling hits 5-week high vs dollar Reuters - UK Focus - Fri, Apr 24, 2015 09:40 BST

    Sterling rose to a five-week high against the dollar on Friday, joining a global push against the greenback and exposing the running assumption that uncertainty ahead of the UK general election is a mounting risk for the pound. There's not that much supporting evidence to suggest that sterling is significantly undervalued," …

  • A monopoly of housebuilders, Government failure and sky high house prices: our panel of experts reveals which party they think will prevent the next property boom and bust

  • Lib Dems: 'Labour May Wipe £10bn Off Economy' Sky News - Fri, Apr 24, 2015 00:51 BST
    Lib Dems: 'Labour May Wipe £10bn Off Economy'

    A Labour-led government could wipe £10bn off the British economy and add £800 a year to average mortgages as the markets panic, the Liberal Democrats warn. The party has prepared a dossier of opinions by financial institutions and think-tanks which indicates that Labour would add £4bn in interest on government debt. Chief …

  • William Hague pledges income tax rate just for England - Telegraph Reuters - UK Focus - Thu, Apr 23, 2015 23:34 BST

    William Hague and British Prime Minister David Cameron will unveil the Conservative Party's English manifesto on Friday to ensure that Scottish MPs can no longer have a deciding say on rates of taxation for English families, the Telegraph reported. England will have its own income tax rate within one year under Conservative …

  • It was a case of bad data being good news for the mining sector on Thursday as stocks surged on hopes for further stimulus in China.

  • UK's Osborne avoids deficit slip-up, retail sales unexpectedly fall Reuters - UK Focus - Thu, Apr 23, 2015 13:37 BST
    Chancellor George Osborne has been boosted by figures showing that public sector borrowing fell to £87.3 billion in the year to March from £98.5 billion in 2013/14

    Chancellor George Osborne has met his latest deficit reduction target, but retail sales are weak

  • World shares weathered soft readings on Chinese and Japanese manufacturing which served to recharge expectations of more policy stimulus there, though lacklustre euro zone data soured the mood on Thursday. ...

  • Osborne Meets Deficit Reduction Target Sky News - Thu, Apr 23, 2015 12:21 BST
    Osborne Meets Deficit Reduction Target

    The Chancellor has met his 2014/15 deficit reduction target, with public borrowing for March falling to its lowest level since 2004. George Osborne dodged potential embarrassment just two weeks ahead of the General Election when the Office for National Statistics (ONS) confirmed public sector net borrowing, excluding …

  • UK borrowing bill shrinks ahead of election Telegraph - Thu, Apr 23, 2015 10:59 BST
    Chancellor George Osborne has been boosted by figures showing that public sector borrowing fell to £87.3 billion in the year to March from £98.5 billion in 2013/14

    British coffers are boosted by bumper tax receipts, though leading think-tank warns that Labour plans will add £90bn to Britain's debt pile by the end of the decade

  • UK stocks inched lower on Thursday morning after purchasing managers' index (PMI) data from both China and Europe disappointed.

  • European shares fall after business surveys disappoint Reuters - UK Focus - Thu, Apr 23, 2015 09:35 BST

    European shares gave up early gains on Thursday after a survey showed growth in Germany's private sector slowed and French business activity barely grew in April. Another survey showing factory activity ...

  • FOREX-Kiwi sinks on central bank comments, dollar gains Reuters - UK Focus - Thu, Apr 23, 2015 08:58 BST

    The New Zealand dollar was by far the biggest mover on major currency markets on Thursday, sinking 1.5 percent after a senior central banker pointed to the need for lower, not higher, interest rates. Weakening global demand for its commodities and in particular a slowdown in China have undermined the outlook that saw New …

  • Eurozone recovery 'is there' says ECB board member AFP - Thu, Apr 23, 2015 08:03 BST
    Eurozone recovery 'is there' says ECB board member

    Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure, pictured, said

  • China manufacturing gauge at 12-month low: HSBC AFP - Thu, Apr 23, 2015 06:27 BST
    China manufacturing gauge at 12-month low: HSBC

    An index of China's manufacturing activity falls to a 12-month low in April, HSBC says, indicating further weakness as growth sputters

  • Lord King, former Governor of the Bank of England, was right. Any fiscal consolidation plan stretching over more than one parliament is bound to fail

  • German government more optimistic on economic growth

    A employee works on a gas turbine rotor at the Siemens factory in Berlin on November 8, 2012

  • FOREX-Euro steadies, Aussie up after core inflation Reuters - UK Focus - Wed, Apr 22, 2015 12:46 BST

    The euro recovered some ground against the dollar on Wednesday in the absence of major news on Greece, while the Australian dollar rose after inflation data suggested an interest rate cut was not imminent. In a subdued session for most major currencies, sterling gained around half a percent against a basket of its peers …

  • German government more optimistic on economic growth

    A employee works on a gas turbine rotor at the Siemens factory in Berlin on November 8, 2012

  • FX round-up: Effects of ECB QE felt Down Under Sharecast - Wed, Apr 22, 2015 10:02 BST

    The European single currency was largely unchanged against the US dollar on Tuesday as traders continued to weigh the newsflow coming out of Greece.

  • FOREX-Euro pressured, Aussie up as inflation data cools rate cut talk Reuters - UK Focus - Wed, Apr 22, 2015 05:14 BST

    The euro edged lower on Wednesday, pressured by continued uncertainty over Greece's debt negotiations, while the Australian dollar rose after inflation data suggested an interest rate cut was not imminent. The dollar index, which tracks the U.S. unit against a basket of rivals, was steady on the day at 98.030.

  • Australia shares ease on rate cut doubts, weak commody prices Reuters - UK Focus - Wed, Apr 22, 2015 04:07 BST

    SYDNEY/WELLINGTON, April 22 (Reuters) - Australian shares fell on Wednesday as investors harboured doubts over whether the latest round of economic data would convince the Reserve Bank of Australia to cut rates, while continuing weakness in commodity prices dragged at resources. "But it gives (the Reserve Bank) scope to …

  • FOREX-Yen slips in quiet session, inflation next test for Aussie Reuters - UK Focus - Wed, Apr 22, 2015 01:32 BST

    The yen nursed modest losses early in Asia on Wednesday, while the other major currencies drifted in familiar ranges with investors seemingly lacking enough conviction to break to new ground. The market consensus is for underlying measures of consumer price index to rise 0.5-0.6 percent on the quarter.

  • Most Asian stocks were higher on Wednesday except in Australia, where stocks declined despite the release of inflation data in line with forecasts.

  • Too few economists seem prepared to accept that at least some of the UK’s productivity shortfall was a good thing

  • Canada posts first budget surplus since Great Recession

    Canada posts its first budget surplus since the global economic downturn, lifting the re-election hopes of Prime Minister Stephen Harper's Tories in six months

  • What's Behind Asia's Debt Boom? -- The Short Answer The Wall Street Journal - Tue, Apr 21, 2015 20:32 BST

    Exploding levels of debt are weighing on economies in Asia. But how and why did these countries take on so much borrowing? An overview.

  • Russia PM estimates economy shrank by 2% in first quarter

    Russian Prime Minister Dmitry Medvedev speaks in the lower house of Russia's parliament, the State Duma, in Moscow on April 21, 2015

Next >>