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UK mortgage borrowing remains steady, BBA figures show

Friday 24 May 2013

Gross mortgage borrowing in the UK was little changed in April, according to figures from the British Bankers’ Association (BBA) on Friday. Read More
Bank of England's Fisher says no to US-style stimulus

Friday 24 May 2013

Bank of England (BoE) policymaker Paul Fisher said he did not want a US-style quantitative easing programme for Britain as it would be too hard to manage. Read More
Britons expect 2.5 per cent inflation in coming year

Thursday 23 May 2013

UK citizens predict inflation of 2.5 per cent in the year ahead, according to a YouGov/Citi poll Thursday. Read More
Bank of England MPC voted unanimously on interest rate, minutes show

Wednesday 22 May 2013

Minutes from the latest Bank of England (BoE) Monetary Policy Committee (MPC) meeting have revealed meeting voted unanimously to maintain the interest rate at 0.5 per cent. Read More
IMF says UK is 'a long way' from recovery

Wednesday 22 May 2013

A report by the International Monetary Fund (IMF) into the UK economy has said the country is a long way from recovery and needs to rebalance. Read More
UK factory orders rise less than forecast, CBI figures show

Wednesday 22 May 2013

UK manufacturing orders in May increased less than expected but confidence is building in the sector, according to a report from the Confederation of British Industry (CBI) on Wednesday. Read More
UK retail sales drop sharply in April, as food prices bite

Wednesday 22 May 2013

UK retail sales volumes fell sharply in April, by 1.3 per cent month-on-month (0.5 per cent year-on-year) as the poor weather continued to lead shoppers to forego purchases of seasonal goods, especial... Read More
House price rises accelerate in England and Wales

Tuesday 21 May 2013

House price growth accelerated across the UK as a whole in March, although Scotland and Northern Ireland remain in decline. Read More
UK CPI significantly undershoots forecasts in April - UPDATE

Tuesday 21 May 2013

The UK consumer price index (CPI) grew by 2.4 per cent in the year to April 2013, down from 2.8 per cent in March, according to the Office for National Statistics (ONS). Read More
UK mortgage lending rose in April, new estimates show - UPDATE

Tuesday 21 May 2013

UK mortgage lending increased by four per cent in April compared to a month earlier, according to estimates from the Council of Mortgage Lenders (CML). Read More
Factory gate inflation much weaker than forecast in April - UPDATE

Tuesday 21 May 2013

Factory gate inflation trailed off to a 1.1 per cent year-on-year rate of increase in April, according to the Office for National Statistics (ONS), versus a rise of 1.9 per cent in the month before. Read More
UK consumer prices slowed their gains in April

Tuesday 21 May 2013

The Consumer Prices Index (CPI) grew by 2.4 per cent in the year to April 2013, down from 2.8 per cent in March, according to the Office for National Statistics (ONS). Read More
High inflation hindering growth in UK, says report

Monday 20 May 2013

A leading forecaster said high inflation has cost the UK economy 10bn pounds over the past three years. Read More
Average UK home asking prices hit new record in May

Monday 20 May 2013

- Average UK home asking prices hit new record Read More
Bankers' bonus cap to hit up to 10 times as many employees

Monday 20 May 2013

PricewaterhouseCoopers has said the European Union (EU) is to significantly extend the reach of the bankers' bonus cap to include 10 times as many employees than previously expected. Read More
BoE's Weale urges caution over monetary stimulus

Friday 17 May 2013

Bank of England (BoE) policymaker Martin Weale had dashed hopes that incoming Governor Mark Carney will implement further monetary stimulus to lift the economy. Read More
Prime Minister is 'deeply concerned' about potential petrol price fixing

Wednesday 15 May 2013

Prime Minister David Cameron has admitted he is 'deeply concerned' about the possibility that recent leaps in petrol prices is the result of price-fixing. Read More
Bank of England forecasts stronger growth and lower inflation

Wednesday 15 May 2013

The Bank of England (BoE) lifted its growth forecast in a quarterly economic update Wednesday. Read More
UK unemployment rises in first quarter, ONS figures reveal

Wednesday 15 May 2013

UK unemployment rose to 2.52m in the first three months of the year, according to the Office for National Statistics (ONS). Read More
Cameron to publish draft bill on in-out EU referendum

Tuesday 14 May 2013

UK Prime Minister David Cameron is set to publish a draft bill for an ‘in-out’ European Union (EU) referendum on Tuesday. Read More