Top Stories
Opec+ meeting delay "hints at growing rift among producers"
(Alliance News) - International oil prices recovered slightly from Wednesday's fall on Thursday, after a key ministerial meeting of the Organization of the Petroleum Exporting Countries and its allies...
Read moreUK gets "rare positive news" in November flash PMI, thanks to services
(Alliance News) - The UK economy edged back into growth territory in November, according to preliminary purchasing managers' index data on Thursday, which analysts said provided reassurance that the UK...
Read moreBattle against rising prices in UK continues with Ofgem price cap
(Alliance News) - The average household energy bill is set to rise by GBP94 a year from January, in a "timely reminder" that some prices are still increasing....
Read moreBoE's course "clear" to cut rates next year after Autumn Statement
(Alliance News) - The course is now "clear" for the Bank of England's Monetary Policy Committee to cut bank rate next year, according to Pantheon Macroeconomics, citing "no major pre-election...
Read moreUK housing market recovery "clicking into place" ahead of spring
(Alliance News) - Some stability will come to UK house prices soon, as mortgage rates ease, analysts at Pantheon Macroeconomics believe. ...
Read moreUK retail sales in October at worst level since height of pandemic
(Alliance News) - UK retail sales in October fell to their lowest level since a Covid-19 lockdown-hit February 2021, with analysts speculating that consumers are still wary ahead of Christmas....
Read moreSharp drop in UK inflation shifts focus to timing of BoE rate cuts
(Alliance News) - A sharper-than-expected drop in UK consumer price inflation has all but quashed any thoughts of a further interest rate hike by the Bank of England, with market...
Read moreUK economy flatlines but 2024 recession "bordering on inevitable"
(Alliance News) - The UK economy has dodged a technical recession for now, but analysts contend that its real weakness will be revealed in 2024. ...
Read moreChina slips back into deflation amid need for further stimulus
(Alliance News) - The latest Chinese inflation data came in worse-than-expected, highlighting that officials have their work cut out in reviving still-sluggish demand in the world's second largest economy....
Read moreAustralia hikes interest rates calling into question Fed's next move
(Alliance News) - The dollar recovered somewhat on Tuesday, as Australia's interest rate hike urged analysts to rethink the prevailing dovish narrative....
Read more








