ShareCast News - Economic News

Retail sales drop at fastest pace since financial crisis - CBI

(Sharecast News) - Retail sales in the UK fell at their fastest pace since March 2009 in the year to June, with bad weather partly to blame, according to the latest data from the Confederation of British Industry.
[25 Jun '19 10:32]

Gold hits six-year high amid escalating geopolitical tensions

(Sharecast News) - Gold prices have hit their highest level in six years, with demand for the safe-haven asset strong as the imposition of US sanctions on Iran heightens geopolitical tensions.
[25 Jun '19 10:11]

Sainsbury's continues to underperform but sales decline eases - Kantar

(Sharecast News) - Sainsbury's has seen its sales decline ease, according to the latest data from Kantar, but the retailer continues to underperform its rivals.
[25 Jun '19 08:49]

Former Barclays CEO John Varley acquitted of fraud charges

(Sharecast News) - Former Barclays chief executive John Varley was acquitted by a London appeals court on Friday of charges of conspiracy to commit fraud by false representation.
[21 Jun '19 13:08]

Retail sales climb as online purchases drive growth, BDO says

(Sharecast News) - Retail sales climbed by 6.24% for the week ended 17 June as customers racked up a high number of online purchases in the run-up to Father's Day, according to the results of a closely-followed survey.
[21 Jun '19 11:49]

UK May budget deficit of ?5.1bn higher than expected

(Sharecast News) - Public sector borrowing was £5.1bn in May - higher than expected and £1bn more than a year earlier, official figures showed.
[21 Jun '19 09:44]

Fossil fuels power less than half of UK electricity for the first time

(Sharecast News) - Clean energy sources are set to overtake fossil fuels as the top UK electricity generator this year for the first time since the industrial revolution.
[21 Jun '19 09:27]

Bank of England votes unanimously to keep rates on hold

(Sharecast News) - The Bank of England has left interest rates unchanged, it announced on Thursday, despite acknowledging that the outlook for the UK economy had weakened.
[20 Jun '19 11:58]

Retail sales cool as cold weather puts off shoppers

(Sharecast News) - UK retail sales eased in May, as unseasonably cold weather saw shoppers delay buying summer clothes.
[20 Jun '19 09:32]

UK firms must prepare for phasing out of carbon emissions

(Sharecast News) - UK companies will face fundamental changes to their operating environment as the government moves to phase out environmentally unfriendly business practices to meet its 2050 net zero carbon emission target.
[19 Jun '19 15:12]



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