Bbc financial news

Here are some recent financial news articles from the BBC:

Market News

• FTSE 100 falls as investors worry about global growth (March 12, 2023) - The UK's leading stock market index fell by 0.5% as investors grew concerned about the impact of rising interest rates and trade tensions on global economic growth.
• US stocks slide as tech sector takes a hit (March 10, 2023) - The US stock market fell by 1.2% as the tech sector was hit by a decline in shares of major companies such as Apple and Amazon.
• Oil prices surge as OPEC cuts output (March 8, 2023) - Oil prices rose by 3.5% after the Organization of the Petroleum Exporting Countries (OPEC) announced a cut in its output to support prices.

Economic News

• UK economy grows at slowest pace in five years (March 12, 2023) - The UK economy grew by 0.1% in the fourth quarter of 2022, the slowest pace in five years, according to official figures.
• Inflation falls to 2.5% in the UK (March 10, 2023) - Inflation in the UK fell to 2.5% in February, down from 2.7% in January, according to official figures.
• Eurozone economy grows at slower pace than expected (March 8, 2023) - The eurozone economy grew by 0.2% in the fourth quarter of 2022, slower than expected, according to official figures.

Company News

• HSBC profits fall by 34% (March 12, 2023) - HSBC, one of the world's largest banks, reported a 34% fall in profits in 2022, due to a decline in investment banking revenues and higher costs.
• Amazon reports record profits (March 10, 2023) - Amazon reported record profits of $18.7 billion in 2022, driven by strong sales growth and cost-cutting measures.
• BP profits fall by 12% (March 8, 2023) - BP, the UK's largest oil company, reported a 12% fall in profits in 2022, due to lower oil prices and higher costs.

Personal Finance

• UK savings rates fall to record low (March 12, 2023) - Savings rates in the UK have fallen to a record low, according to a report by the Building Societies Association.
• House prices fall by 1.4% in the UK (March 10, 2023) - House prices in the UK fell by 1.4% in February, according to official figures, as the market continues to slow down.
• Pensioners face £1,000-a-year shortfall (March 8, 2023) - Pensioners in the UK are facing a shortfall of £1,000 a year due to a decline in annuity rates and rising inflation, according to a report by the Association of British Insurers.