Economy
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Bank of Japan keeps rates unchanged; lifts inflation forecast
The Bank of Japan kept interest rates unchanged on Thursday as expected, but lifted its inflation forecast and cut growth estimates. The…
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UK public borrowing still above OBR forecasts in June
UK public sector borrowing came in below expectations for June, according to fresh figures on Thursday, but was still above the Office…
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Real pay suffers biggest drop since records began
UK employment picked up in the three months to May but real pay fell at the fastest rate since records began, according…
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Made.com slashes full-year guidance, shares tumble
Made.com slashed its full-year guidance on Tuesday as it highlighted a drop in demand for big-ticket items, sending shares in the furniture…
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House prices rise for sixth month in a row – Rightmove
House prices have pushed higher for the sixth consecutive month, Rightmove reported on Monday, fuelled by a shortage of homes for sale.…
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UK house prices edge higher in June despite softer demand – RICS
House prices continued to grow in June, a closely-watched survey showed on Thursday, but at a slower pace than previously seen. According…
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US inflation surges to 9.1% in June
US inflation surged to 9.1% in June, ahead of expectations for a print of 8.8% to the highest level seen since November…
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UK trade deficit continues to widen
UK imports continue to grow faster than exports, official data showed on Wednesday, pushing the trade deficit wider. According to the Office…
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UK economy returns to growth – ONS
The UK economy grew faster-than-expected in May, official data showed on Wednesday. According to the Office for National Statistics, GDP grew by…
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Retail sales slide as inflation bites
Retail sales fell in June, industry research showed on Tuesday, as surging inflation and the cost-of-living crisis caused shoppers to cut spending.…
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