[Skip to content]

South West Observatory
Search our Site
Economy
.

News (SWO Economy Module)

Add to favourites
Keep up-to-date with all the latest economic information by bookmarking this web page and subscribing to the SWO Economy News RSS feed. 
Latest Updates and Information from the SWO Economy Module
SWO Economy Banner
  • Business Tracker for June shows continued strength in the stock marketThe latest South West Business Tracker is out, pointing towards the continued strength in the overall stock market throughout April and May. The Business Tracker, devised by SWO to provide real-time information about some of the most significant publicly traded businesses in the region, follows the stock market to provide a snapshot of the trading conditions local businesses face. This month's update highlights positive trading announcements made by Supergroup, Wincanton, Punch Taverns, WHS and Babcock - among focus companies. More mixed trading news was released by FlyBe, First Group - both announcing structural changes - and Imperial Tobacco, which saw weaker demand for tobacco products. Click on the link below to find out more. 17 June 2013
  • Signs of Green Shoots?The SWO Economy Module has just released a new data alert, focusing on a series of recent data releases that point towards a picture of growing confidence in the economy. 'Signs of Green Shoots?' looks at services output, with the index of services having increased by 1.6% in March 2013 when compared to the previous year . It also highlights construction output data, showing that construction output for March was over 12% higher than for February. Finally, it considers production output, using the index of production to show that from March - April 2013 output rose by 0.1%. The paper also looks at the latest Purchasing Managers Index which showed positive signals for the services sector in its latest release - growing at the fastest rate since March 2012. The Markit/CIPS Services for the UK rose to 54.9 in May from 52.9 in April. Download the report below. 17 June 2013
  • West of England Quarterly Reports & SurveyThrough the West of England LEP website you'll now find the Executive Summary to the West of England LEP Quarterly Economic Bulletin and the Barriers to Growth Survey Report. These documents are available to download from the LEP website at http://www.westofenglandlep.co.uk/about-us/economic-intelligence/reports-and-surveys 02 May 2013
BBC Business
  • UK banks face £27.1bn shortfall
    The Prudential Regulation Authority says the UK's top banks and building societies need to fill a £27.1bn hole in their balance sheets. 20 June 2013
  • Pixmania woes hit Dixons results
    Dixons Retail reports a rise in sales, but costs incurred at its troubled online outlet Pixmania mean it reports a loss for the past year. 20 June 2013
  • Fed 'could end bond-buying in 2014'
    The Federal Reserve maintains its $85bn-a-month (£54bn) asset purchase programme, but says it could begin scaling back later this year and ending it completely in 2014. 20 June 2013
  • Eurotunnel accused of overcharging
    Brussels says passengers going through the Channel Tunnel are paying over the odds, because Eurotunnel is overcharging the train companies for using the track. 20 June 2013
  • Watch scams among con comebacks
    Rogue traders are reprising old scams but with a digital twist to target people whose budgets are squeezed, says trading standards. 20 June 2013
ONS
ONS Economic Data Releases
Subscribe to this ONS RSS feed

Treasury Logo
FT logo
Financial Times News
Subscribe to FT News RSS feed

  • Dividend cut fears hit United Utilities
    RBC argues company's payout is at risk as takeover hopes recede and regulatory threats rise with regulator Ofwat due to deliver draft plans for price controls next month 19 June 2013
  • Share sell-off spreads after Fed comments
    European stocks join sell-off seen across Asia and the US after Federal Reserve confirms it will begin tapering asset purchases later this year 20 June 2013
  • Treasuries tumble on Bernanke comments
    US bonds and equities fall sharply after the Federal Reserve says it could start tapering its asset purchases this year if the economy continues to improve 19 June 2013
  • BT chief Livingston to be trade minister
    BT boss Ian Livingston will replace Lord Green as trade minister after five years as chief executive of the UK telecoms group 19 June 2013
  • House price surge lifts Berkeley
    Upmarket housebuilder sold 3,712 new homes in the year ended 30 April, with properties built on prime London land it bought cheaply during the recession 19 June 2013
The LEP Network
@thelepnetwork is now on Twitter. You can follow them by clicking on the link. Below you'll see the five most recent tweets from the organisation.