PERSONAL FINANCE
22 Feb
London close: FTSE up as Lloyds, Barratt lead blue chips higher
Lloyd

Shares in London ended Wednesday on a mixed note after confirmation the UK saw better than expected economic growth at the end of 2016, with blue chips benefiting from a softer sterling.

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22 Feb
FX round-up: Sterling, dollar lower as markets anticipate FOMC minutes
brexit-london

Sterling was mostly lower Wednesday as mixed UK economic data reinvigorated Brexit nerves in the market, with investors' attentions now on the Federal Open Market Committee (FOMC) minutes due out at 19:00 GMT.

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22 Feb
Theresa May promises 'relief' for small businesses, stops short of cash pledge
Theresa May

British Prime Minister Theresa May has reassured business affected by rates rises related to property valuations that there will be "appropriate relief" given to those worst hit, but would not promise any cash to aid those struggling.

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22 Feb
Brexit without new trade deal for UK would be 'insane' - Sir Ivan Rogers
theresa may trump

Britain's former trade envoy to the EU has slammed the prospect of Brexit without a new trade deal in place as "insane," with markets having sweated for months about the UK's prospects in a post-separation world.

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22 Feb
US existing home sales rise more than expected in January
US house USA United States of America housing

Sales of US existing homes rose more than expected in January, to a 10-year high, according to data from the National Association of Realtors.

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22 Feb
German Ifo business confidence unexpectedly improves in February
aleman, germany, alemania

German business confidence unexpectedly improved in February, according to a widely-followed survey.

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22 Feb
Eurozone inflation confirmed at 1.8% for January
bce, banco central europeo

Inflation in the eurozone rose 1. 8% in January compared to a 1. 1% jump the month before and close to the European Central Bank’s target of just below 2%, data from Eurostat confirmed on Wednesday.

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22 Feb
UK Q4 growth revised up to 0.7%
Britain, UK flag

The UK economy grew more than initially estimated in the fourth quarter of last year, according to data from the Office for National Statistics.

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21 Feb
Commodities: Crude soars as Opec official signals potential for more measures to curb glut
barrel

Crude-oil futures raced ahead Tuesday as a key Opec official said more measures may be needed to curb a persistent global glut of the black liquid, while a stronger dollar weighed on gold.

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21 Feb
BoE's Haldane warns market of rate-hike expectation dangers
libra pound 150

Bank of England chief economist Andy Haldane warned that a spike in market expectations for a central bank interest-rate hike may harm the UK economy, against the already challenging Brexit backdrop, and sees inflation above 2% for three years.

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21 Feb
US private sector growth slows in February

Markit’s flash US composite output index – which measures activity in the services and manufacturing sectors – fell to 54. 3 in February from 55. 8 the previous month.

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21 Feb
UK public sector borrowing in £9.4bn surplus last month
Money pound sterling magnifying glass

UK public sector net borrowing was in surplus by £9. 4bn in January – a key month for income tax receipts – up a touch from £9. 1bn in the same month a year ago.

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21 Feb
Eurozone business activity jumps in February
bce, banco central europeo

The pace of economic activity in the eurozone unexpectedly improved in February, nearing a six-year high, according to data released on Tuesday.

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21 Feb
Britons increasingly concerned about the economy, Nielsen says
Britain, UK flag

Concerns about the economy rose above those about terrorism or immigration as the date for Brexit negotiations to kick-off loomed closer on the horizon, the results of a survey showed.

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20 Feb
FX round-up: Sterling firms as House of Lords' Brexit discussion begins
brexit portada

Sterling was overall firmer Monday as UK's House of Lords began discussing Prime Minister Theresa May's Brexit Bill, perhaps suggesting a curious sense of hope, while the US dollar drifted lower due to the Presidents Day holiday there.

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20 Feb
London close: Monday malaise stifles FTSE as House of Lords debates Brexit bill
UK house of Lords

Equities in London turned in a Monday performance laden with malaise, with Unilever a notable faller as its bid premium evaporated, the US was closed for Presidents Day holiday and lively Brexit discussions began in the UK House of Lords.

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20 Feb
Sterling rises as House of Lords' Brexit Bill discussion nears
Money pound sterling magnifying glass

Sterling has enjoyed a modest uptick on numerous key crosses Monday as the clock ticks closer to the UK House of Lords beginning to discuss Prime Minister Theresa May's Brexit Bill from 3pm.

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20 Feb
UK government has no intention of reversing out of Article 50 once triggered
theresa may trump

UK Prime Minister Theresa May's Tory government has no intention of reversing its formal intention to quit the European Union, once it has been given, a report says.

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20 Feb
UK industrial orders and input prices rise in February, CBI finds
Carr

UK manufacturer's order books climbed to a two-year high, according to the CBI's industrial trends survey for February.

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20 Feb
Amazon to deliver 5,000 UK jobs in 2017
amazon-et-microsoft-en-discussions-avec-here

Online retail giant Amazon has announced an expansion of its UK operations which will see the creation of 5,000 jobs, including at its head office in London.

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