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Economic News Page 60

Falls in UK car production

UK car production falters

UK car production slowed sharply in April on the back of the Easter holiday and industrial action.

James Hester
rbs office

Will RBS and shareholders settle or will they fight?

Will the Royal Bank of Scotland and its shareholders settle out of court or will they fight?

Brian Bollen
German flag in euro jigsaw

Euro hits new six-month high

The euro has soared to a new six-month high against the dollar on the back of news that German GDP grew at 0.6% in the first quarter of the year.

Richard Reed
Wall Street

US manufacturing and house sales slow

US manufacturing growth slowed in May according to survey data from purchasing managers and Federal Reserve researchers in the central bank's Richmond district

Neil Dennis
Eurozone

Eurozone growth expands at fastest pace in six years

Eurozone economic growth is running at its fastest pace in six years according to survey data from the region's purchasing managers

Neil Dennis
Sterling

Pound under pressure from political worries and bomb blast

Sterling traded lower on political worries and the Manchester bomb blast that left 22 people dead.

James Hester
uk flag badge

The number of UK MBOs down by 49% in two years

The number of management buyouts in the UK is down by almost 49% compared to only two years ago, according to analysis of FT Mergermarket

Brian Bollen
RBS Bishopsgate

RBS raises shareholder compensation offer at 11th hour

Royal Bank of Scotland has made an 11th-hour move to settle the shareholder compensation case that was due to start today

Brian Bollen
RBS gogarburn

Discredited former CEO of RBS to have his say in court

The discredited former chief executive of The Royal Bank of Scotland Fred Goodwin is set to have his say in the High Court in London.

Brian Bollen
Orgeuil castle, Jersey

Growth in alternative investment pushes Jersey funds to record levels

The value of funds administered in Jersey hit a record level at the end of 2016, according to the latest figures from the jurisdiction’s financial regulator.

Brian Bollen
Renminbi

China’s renminbi bears stock market woes

China's renminbi edges higher, ending the week close to where it started, as stock and bond markets stabilise after a month of dramatic losses

Neil Dennis
UK retail sales figures

UK April retail sales figures bounce back after Q1 drop

The figures for April UK retail sales published today by the Office for National Statistics provide a welcome boost after the disappointment of first quarter estimates

Brian Bollen
Fear

Citigroup adds VIX lookalike fear gauge to investor toolbox

Citigroup has added a lookalike fear gauge to its investor toolbox, offering a credit equivalent of Chicago Board Options Exchange's VIX volatility index.

Brian Bollen
ecb

Eurozone growth rose at 0.5% in the first quarter

Eurozone gross domestic product rose at a robust 0.5% in the first quarter, prompting the euro to rally against the pound and dollar

Neil Dennis
inflation

Squeeze tightens on UK households as inflation hits 2.7%

UK consumer price inflation (CPI) jumped to a three-and-a-half-year high of 2.7% in April, furthering the squeeze on British households as prices rose faster than annual average earnings growth

Neil Dennis