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ShareCast News - Economic News

Budget preview: Hammond's faces unhappy balancing act

(ShareCast News) - Philip Hammond faces a near-impossible task as he seeks to balance competing demands when delivering his budget.
[21 Nov '17 12:02]

UK manufacturing output growth hits highest since 1988

(ShareCast News) - UK manufacturing output growth has leapt to a 29-year high as the weak pound drives export demand, though Brexit uncertainty is holding back investment.
[21 Nov '17 11:19]

Ministers agree to double Brexit divorce offer to 40bn

(ShareCast News) - Senior ministers have backed Theresa May's plan to double Britain's offer of payment to leave the EU to 40bn, reports said.
[21 Nov '17 10:53]

Public deficit offers no extra room for Chancellor's Budget

(ShareCast News) - UK public sector net borrowing increased more than expected last month, primarily driven by a surge in interest payments on index-linked gilts due to the rise in inflation.
[21 Nov '17 10:42]

Household budgets tightening as access to credit disappears

(ShareCast News) - According to a recent survey by IHS Markit, household budgets had been squeezed dry as Britons found it increasingly difficult to borrow.
[20 Nov '17 16:57]

Philip Hammond says there are 'no unemployed people' in the UK

(ShareCast News) - All eyes turned towards Philip Hammond on Monday after the Chancellor claimed that there were "no unemployed people" in the UK.
[20 Nov '17 16:17]

Banks will definitely lose passporting rights post-Brexit, Barnier says

(ShareCast News) - Banks and financial services firm operating in the UK will lose their so-called 'passporting rights' after Britain leaves the European Union, the EU's chief Brexit negotiator said on Monday.
[20 Nov '17 14:57]

MPs' report calls for legislation to protect gig economy workers

(ShareCast News) - A parliamentary report has called on the government to introduce legislation which will aid so-called 'gig economy' workers and prevent companies from withholding benefits from their staff.
[20 Nov '17 10:53]

Tusk gives May two weeks to decide on terms of financial settlement

(ShareCast News) - EU Council President Donald Tusk warned Theresa May on Friday that she had just two weeks to offer more money to pay the UK's Brexit divorce bill if there was to be any hope of trade talks beginning before the year's end.
[17 Nov '17 15:51]

Brexit secretary Davis blames France and Germany for stalemate

(ShareCast News) - UK Brexit secretary David Davis has come out fighting against France and Germany over their attitude to exit negotiations, and blamed the European powers for the stalemate in the talks.
[17 Nov '17 15:36]

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