2 h. ago US GDP report to show if economy expanded in last quarter, after eurozone growth accelerates – business live

First estimate of US GDP for Q1 2025 will show whether tariffs hurt growthUK house prices fall but market ‘likely to pick up’ during summerChina manufacturing activity plummets amid Trump tariff warFrance’s economy is likely to “flirt with stagnation” throughout the year, despite the small rebound in GDP in the last quarter, predicts Dutch bank ING.Charlotte de Montpellier, ING’s senior economist for France and Switzerland, explains:The additional customs duties in the US and their direct and indirect impact will delay the French economy’s rebound. We estimate that the direct effect of a permanent 10% import duty in the US on French GDP (via a reduction in exports) will be around -0.1%.Adding to this are the effects of uncertainty, the global economic slowdown and more restrictive fiscal policy, all of which will weigh on French economic activity throughout the year. The cooling in the labour market is likely to limit the recovery in household consumption, and the savings rate is se...

Economics

5 h. ago France and Germany avoid recession as eurozone growth accelerates; Taiwan’s GDP boosted by pre

Rolling coverage of the latest economic and financial news, including growth figures from across EuropeUK house prices fall but market ‘likely to pick up’ during summerChina manufacturing activity plummets amid Trump tariff warFrance’s economy is likely to “flirt with stagnation” throughout the year, despite the small rebound in GDP in the last quarter, predicts Dutch bank ING.Charlotte de Montpellier, ING’s senior economist for France and Switzerland, explains:The additional customs duties in the US and their direct and indirect impact will delay the French economy’s rebound. We estimate that the direct effect of a permanent 10% import duty in the US on French GDP (via a reduction in exports) will be around -0.1%.Adding to this are the effects of uncertainty, the global economic slowdown and more restrictive fiscal policy, all of which will weigh on French economic activity throughout the year. The cooling in the labour market is likely to limit the recovery in household consumptio...

Politics

5 h. ago UK house prices fall in April as stamp duty taxes rise, data shows

Month-on-month drop of 0.6% was below zero growth forecasted by economists, Nationwide says

Economics

6 h. ago France and Germany avoid recession as economies return to growth; UK house prices drop – business live

Rolling coverage of the latest economic and financial news, including growth figures from across EuropeUK house prices fall but market ‘likely to pick up’ during summerChina manufacturing activity plummets amid Trump tariff warFrance’s economy is likely to “flirt with stagnation” throughout the year, despite the small rebound in GDP in the last quarter, predicts Dutch bank ING.Charlotte de Montpellier, ING’s senior economist for France and Switzerland, explains:The additional customs duties in the US and their direct and indirect impact will delay the French economy’s rebound. We estimate that the direct effect of a permanent 10% import duty in the US on French GDP (via a reduction in exports) will be around -0.1%.Adding to this are the effects of uncertainty, the global economic slowdown and more restrictive fiscal policy, all of which will weigh on French economic activity throughout the year. The cooling in the labour market is likely to limit the recovery in household consumptio...

Economics

7 h. ago Average UK house price drops by 0.6% from March to April as stamp duty deadline passes

It comes as stamp duty discounts reduced from April 1

Events

2 w. ago House prices: record high asking prices in April despite stamp duty changes

At £377,182, the average asking price for a home in Britain surpassed a previous record set in May 2024

Politics

3 w. ago Trump tariffs, uncertainty and interest rates: why London house prices could fall this year

US tariffs, greater uncertainty and stretched mortgage affordability are creating a perfect storm for the London property market

Politics

3 w. ago UK house prices fall by £1,575 as demand drops following race to beat stamp duty deadline

Demand is ‘returning to normal and new applications slowing’ now that buyers beating a stamp duty deadline have completed purchases, Halifax said.

Economics

4 w. ago The house price points where April 1 stamp duty changes could hit you hardest

Many home buyers face higher stamp duty costs from today (April 1) - here is how you could be affected at different price points

Events

4 w. ago Price points where April 1 stamp duty changes could hit hardest

Stamp duty changes for buyers in England and Northern Ireland have come into force.

Events