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  • European shares fell on Friday, with steelmaker ArcelorMittal and hedge fund Man Group among the worst performers. Weak U.S. jobs data further weighed on markets. ArcelorMittal fell 3.2 percent after the ...

  • (ShareCast News) - Never one to mince his words, Societe Generale strategist Albert Edwards predicted more doom and gloom this week, saying the weak dollar should be seen "as merely a shuffling of ...

  • Sterling was steady on Friday as investors waited for a key U.S (Other OTC: UBGXF - news) . Regional and local elections, in which Britain's Labour Party suffered losses but looked on track to win the prize of London mayor, had no noticeable impact on the pound.

  • (ShareCast News) - Cable finished the session flat despite a barrage of data which raised the possibility that uncertainty ahead of the Brexit referendum might bring economic growth to a halt.

  • (ShareCast News) - The FTSE 100 finished flat on Thursday as traders digested economic data and mixed corporate earnings.

  • ALBERT EDWARDS: The global economy is like the Titanic and it is about to sink 'below the icy waves'

    There are cynics, there are naysayers, and then there's Albert Edwards of Societe Generale, who is in a League of Doom all of his own. Edwards is probably the most notoriously bearish analyst in the world of finance, and is given to grand proclamations about the (broken) state of the world. Edwards says that US companies …

  • UK services PMI slumps to 38-month low in April Sharecast - Thu, May 5, 2016 10:46 BST

    (ShareCast News) - UK service sector growth slumped to a 38-month low in April, according to figures released on Thursday.

  • Sterling slips as disappointing UK services survey weighs Reuters - UK Focus - Thu, May 5, 2016 10:21 BST

    Sterling fell for a straight third day on Thursday after a key services sector report added to concerns that the economy is stumbling in the run-up to a vote on whether Britain should quit the European Union. A PMI survey showed that Britain's services sector grew at its lowest rate in more than three years in April, according …

  • London open: Stocks rise ahead of UK services PMI Sharecast - Thu, May 5, 2016 10:16 BST

    (ShareCast News) - London stocks rose on Thursday after a mixed session in Asia as investor weighed a report on China services activity and awaited UK data.

  • Sterling steady around $1.45, awaits UK services survey Reuters - UK Focus - Thu, May 5, 2016 08:45 BST

    Sterling steadied on Thursday, having suffered two days of losses, with investors awaiting a key services sector report for more clues on the economy which appears to be stumbling just months before a vote on Britain's future in the European Union. A lower number could see sterling weaken, traders said. Most economists …

  • Britain is horribly unprepared for the coming recession Business Insider UK Finance - Thu, May 5, 2016 07:00 BST
    Britain is horribly unprepared for the coming recession

    It's the worst of all worlds: Britain looks like it is slipping complacently into a new recession but the country is hopelessly unprepared to deal with it. If a country wants to deal with a recession successfully, it needs four things. A central bank prepared to lower interest rates in order to make money cheaper and …

  • Strong U.S. services sector data buoys economic outlook Reuters - UK Focus - Wed, May 4, 2016 18:47 BST

    Economists say strong services industry activity together with a rebound in automobile sales in April reported on Tuesday, underscore the economy's firm fundamentals that could keep the Federal Reserve on track to raise interest rates twice this year. The Institute for Supply Management said its nonmanufacturing index …

  • IMF warns Denmark of risk for exports if Britain quits EU Reuters - UK Focus - Wed, May 4, 2016 17:39 BST

    Denmark's exports to the UK would probably suffer if the British vote to leave the European Union at referendum in June, the International Monetary Fund said on Wednesday. Great Britain is Denmark's third-largest market after Germany and Sweden, with exporters such as dairy group Arla, insulin maker Novo Nordisk (LSE: …

  • Goldman Sachs nails the staggering size of China's debt in 3 simple charts Business Insider UK Finance - Wed, May 4, 2016 17:12 BST
    Goldman Sachs nails the staggering size of China's debt in 3 simple charts

    Want to know why everyone is obsessed with China's massive debt buildup? Goldman Sachs analyst Andrew Tilton and his team just published a note on that topic, which contains three charts that really sum the whole thing up. China's debt load is growing, but its economy is slowing.

  • Department of Business cuts will lead to thousands of job losses, Labour claims

    Thousands of workers face losing their jobs under planned cuts at a leading Government department, mainly based in the regions, Labour has claimed.

  • Companies and cars push Irish tax take 3.5 percent above target Reuters - UK Focus - Wed, May 4, 2016 16:30 BST

    Ireland (Other OTC: IRLD - news) collected 3.5 percent more tax than expected in the first four months of the year as corporate tax receipts remained strong, excise duties jumped and income tax returns got back on track, data showed on Wednesday. Ireland has consistently taken in more tax than forecast over the past three …

  • What price prosperity: Swiss-EU ties at crossroads Reuters - UK Focus - Wed, May 4, 2016 11:30 BST

    Switzerland's central folk legend - a crossbow-wielding William Tell having to shoot an apple off his son's head as punishment for defying Hapsburg domination - says a lot about how the Swiss still view foreign entanglements: with suspicion. Neutral, mountainous and land-locked, Switzerland is torn between ties to its …

  • How to get out of buy-to-Let Moneywise - Wed, May 4, 2016 11:24 BST
    buytolet

    The government has sent a stark message to landlords: it stands firmly in the camp of homebuyers and has little interest in property investors or their profits.

  • Eurozone composite PMI in line in April Sharecast - Wed, May 4, 2016 10:16 BST

    (ShareCast News) - Markit's final Eurozone composite output index came in at 53.0 in April, in line with the flash estimate but a touch lower than March's 53.1.

  • BRITAIN: Now is the time to be afraid Business Insider UK Finance - Wed, May 4, 2016 08:46 BST
    BRITAIN: Now is the time to be afraid

    On Tuesday morning, Markit released its latest set of data on the state of the UK’s manufacturing sector, and to say things didn't look good would be an understatement. Generally speaking, Markit doesn’t make grand proclamations and or use strong language about its data, but on Tuesday representatives from both Markit …

  • (ShareCast News) - The Government has taken the rare move of fast-tracking a full investigation into BHS's former directors as Sir Philip Green yesterday agreed to appear before MPs in return for saving ...

  • China and banks rattle European stocks AFP - Tue, May 3, 2016 17:47 BST
    China and banks rattle European stocks

    London's benchmark FTSE 100 index closed on May 3, 2016 down 0.9 percent, while in Paris the CAC 40 retreated 1.6 percent and in Frankfurt the DAX 30 tumbled 1.9 percent to fall below the 10,000 points ...

  • (ShareCast News) - J Sainsbury reports its full year results on Wednesday in the wake of its agreement to buy Argos owner Home Retail Group.

  • UK manufacturing unexpectedly shrinks in April as EU vote approaches Reuters - UK Focus - Tue, May 3, 2016 13:08 BST

    With (Other OTC: WWTH - news) uncertainty surrounding the June 23 vote, factories are also struggling with a weaker global economy and a slowdown in the oil and gas industry, a major customer. Sterling fell and gilt futures rose after the Markit (NasdaqGS: MRKT - news) /CIPS manufacturing Purchasing Managers' Index fell …

  • 5 Things Things to Know About Australia's New Budget The Wall Street Journal - Tue, May 3, 2016 12:08 BST

    Australia's conservative government unveiled a budget focused on growth over a promised return to surplus, setting the battleground for the July general election, which is shaping up as a tighter-than-expected contest against the backdrop of an economy struggling to deal with the end of a long resources boom.

  • Poor PMI hurts sterling as dollar struggles Reuters - UK Focus - Tue, May 3, 2016 10:29 BST

    Sterling retreated from a four-month high to the dollar and hit an 11-day low against the euro on Tuesday after a poor survey of manufacturing sector managers underlined the economic risks from a referendum on EU membership in June. "Even (Taiwan OTC: 6436.TWO - news) before the numbers, the euro had been rallying against …

  • (ShareCast News) - London stocks fell on Tuesday after Chinese manufacturing data came in weaker than anticipated, fuelling concerns about the world's second largest economy.

  • Emerging stocks slipped to three-week lows on Tuesday, weighed down by worries over economic growth, with shares in emerging markets-focused Aberdeen Asset Management falling almost 8 percent after poor ...

  • MORNING BID EUROPE-Brussels cautious on Italian maths Reuters - UK Focus - Tue, May 3, 2016 09:06 BST

    We'll get the European Commission's latest forecasts on Europe's national economies at 0900 GMT today. They come after last week's data showing surprisingly high growth in the first quarter, but with inflation ...

  • Australia cuts interest rates to 1.75 percent AFP - Tue, May 3, 2016 06:55 BST
    Australia cuts interest rates to 1.75 percent

    The Reverse Bank of Australia has cut its cash rate by 25 basis points to a historic low of 1.75%

  • U.S. manufacturing shows signs of stability as export orders rise Reuters - UK Focus - Mon, May 2, 2016 19:20 BST

    Another report on Monday showed construction spending rose to an 8-1/2-year high in March and the prior month's outlays were revised higher, implying a small upward revision to the first quarter's pedestrian growth rate. "Manufacturing is moving forward but we have the tortoise, not the hare in this race," said Joel Naroff, …

  • GLOBAL ECONOMY WEEKAHEAD-U.S. jobs may offer solace after stalled growth Reuters - UK Focus - Mon, May 2, 2016 08:00 BST

    After almost stalling in the first quarter, the U.S. economy will show whether it has got back into gear in the coming week with the monthly report on the labour market that has so far shrugged off global concerns and the strong dollar. The labour market though remains robust, with average employment gains of 209,000 in …

  • ECB's Coeure says inflation will take time to recover Reuters - UK Focus - Mon, May 2, 2016 07:13 BST

    The European Central Bank's exceptional monetary stimulus will take time to boost euro zone inflation although it is already helping growth, Executive Board member Benoit Coeure said on Monday. "Monetary ...

  • China is carrying $1 trillion in bad debt and 'unless this vicious cycle is broken, financial crisis or at least a sharp slowdown is an inevitable ultimate outcome'

    The amount of debt being carried in the Chinese economy — mostly by state-owned "zombie" companies — is now so high that it could lead to a financial crisis, according to Macquarie analyst Viktor Shvets and his team. "Unless this vicious cycle is broken, financial crisis or at least a sharp slowdown is an inevitable ultimate …

  • China manufacturing index expands at slower pace AFP - Sun, May 1, 2016 12:12 BST
    China manufacturing index expands at slower pace

    China's economy, a vital driver of global expansion, grew 6.9 percent last year, its weakest rate in a quarter of a century

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