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Personal Finance
21 Jun
FX round-up: Sterling ahead as BoE's Haldane hawkish on UK rates

Sterling put in an unfamiliar positive performance on most key crosses Wednesday thanks to a hawkish jawbone on UK interest rates by Bank of England chief economist Andy Haldane.

21 Jun
bank of england
London close: FTSE ends down after Queen's Speech, Haldane's rate-rise comments

Shares in London were under pressure Thursday as sterling zipped ahead on news Bank of England chief economist Andy Haldane said he would likely vote for a rate rise later in 2017.

21 Jun
grenfell2
Grenfell Tower survivors to be rehoused in luxury complex

The UK government has bought 68 flats in a luxury west London apartment block in order to rehouse the survivors of the Grenfell Tower fire.

21 Jun
Nighthawk Energy nodding donkey, oil & gas
Commodities: Crude extends gains as EIA confirms US stores drop

Crude-oil futures got a mild shove on a sun-soaked Wednesday afternoon in London as fresh official data showed a draw in US stores of the black liquid last week.

21 Jun
property, housing, real estate, house prices
London property sales fall 18% in 2016

Home sales in Britain fell significantly during 2016, with London experiencing an 18% drop in property deals in comparison to 2015.

21 Jun
queens speech 2017
Queen's speech sees embattled May change tack, DUP demands to the fore

In the Queen's speech to formally open parliament, Prime Minister Theresa May's minority government announced an intention to "provide certainty" over Brexit and maintain a "deep and special" alliance with the EU, as well as proposing a review of terror laws, technical education and mental health care.

21 Jun
boe bank of england mpc city committee monetary policy
Hike in Bank Rate might be prudent in second half, BoE's Haldane says

The Bank of England's chef economist signaled he too might soon shift his stance in favour of a hike in Bank Rate.

21 Jun
hipotecas mortgage housing
UK house price growth to remain low but protracted falls unlikely, HSBC says

UK home prices will grow very little in the short-term despite the recent sharp slowdown, but they will not fall in a sustained manner, at least outside of London, a top investment bank said.

21 Jun
deloitte
UK media and entertainment nears £100bn revenue mark despite uncertainty

The UK media and entertainment sector saw the revenues jump last year despite the backdrop of political and economical uncertainty in the country, according to Deloitte's Media Metrics 2017 report.

21 Jun
philip hammond, chancellor
UK budget deficit falls to decade low but expected to rise this year

UK public borrowing declined more than expected in May, providing encouraging reading for Chancellor Philip Hammond, although the budget deficit is still expected to increase over the rest of the year as the economy weakens.