News

News

German Manufacturing PMI rebounds in August

German Manufacturing PMI rebounded in August to hit 59.3, the third highest reading since 2011. A reading above 50 signifies expansion and a reading below...

Chinese manufacturing activity jumps

The Chinese manufacturing sector expanded faster than economists expected in August. Official Chinese PMI came in at 51.7, higher than the 51.3 consensus of analysts...
scotland oil

Scotland’s budget deficit drops to £13bn

Scotland's budget deficit has dropped over the past year, falling to £13.3 billion from a revised figure of £14.5 billion the previous year. According to...
borrowing

Public sector borrowing slips into surplus for first time since 2002

Public sector net borrowing was in surplus for the first time since 2002 in July, driven by higher self-assessment tax receipts. The figure was in...

S&P reaffirms South Korea’s AA/A-1+ credit rating

Ratings agency S&P has confirmed South Korea's 'AA/A-1+' credit rating, saying it doesn't believe a conflict with North Korea is on the cards in the...
holiday spending

Weaker pound boosts UK holiday spending

UK residents spent 15 percent more on their visits abroad in June 2017 than the same month the previous year, as the impact of...
china IMF

Chinese growth “dangerous”, warns the IMF

The International Monetary Fund warned on China's strategy for economic expansion, saying that Beijing was putting a higher priority on growth than economic output. The...
UK unemployment

UK jobless rate falls to 4.4 percent

Unemployment in the UK fell to 4.4 percent in the second quarter of 2017, the lowest level since 1975. Unemployment for the quarter fell by 57,000 for...
nestle

Nestlé removes walnut from Walnut Whip as shrinkflation continues

Sweet manufacturer Nestlé have announced they will be removing the nut from the top of their Walnut Whip sweets, in the latest sign of...
london

Indian buyers turn to London property as rules relax

Indian buyers have become the second largest purchaser in Prime Central London, following a change in legislation increasing the amount of capital buyers can bring...