Philip Shaw

8 results

Compared with a year earlier, Britain’s economy was 1.4 per cent larger. Photograph: iStock

Britain’s economy grew at its weakest pace in half a year in the three months to November as factories suffered from tough global trade conditions and(...)

Newly appointed Italian prime minister Giuseppe Conte: his comments ended a four-day recovery in Italian bond prices. Photograph:  Reuters/Alessandro Bianchi

Italy’s government bonds sold off on Tuesday, facing renewed pressure after the new prime minister Guiseppe Conte promised to bring radical change as (...)

The PMI for Britain’s services sector fell to 47.4 in July from 52.3 in June, the steepest drop since records began in 1996 and the worst reading since March 2009. Photograph: Chris Radburn/PA Wire

Britain’s economy appears to be shrinking at the fastest rate since the financial crisis in the wake of last month’s Brexit vote, according to a busin(...)

German finance minister Wolfgang Schäuble. Photograph: Bernd Von Jutrczenka/EPA

German government bond yields hit their lowest level in almost three weeks yesterday and were set for their biggest weekly fall since late January aga(...)

A screen displays a chart on the floor of the New York Stock Exchange yesterday. Photo: Reuters

World stocks were set for a third straight week of losses on Friday and commodity currencies took another drubbing as oil prices fell back below $30, (...)

The budget deficit fell to £10.1 billion from £12.4 billion a year earlier, a smaller gap than economists had forecast.

Strong income tax receipts pushed British government borrowing to its lowest May reading since 2007, adding to signs that revenue growth could play a (...)

The Office for National Statistics (ONS) said the volume of goods bought at British stores last month jumped by 6.4 per cent from November 2013

British retail sales surged at their fastest annual rate in more than a decade last month, as US-style “Black Friday” discounts drove record sales gro(...)

Britain’s public finances showed an underlying improvement in February compared to a year earlier, but the gain may not be enough to meet a mor(...)