UK Economics Correspondent, London
Andy's Feed
Jul 31, 2014
Jul 31, 2014

British consumer morale and housing market cool in July

LONDON, July 31 (Reuters) – British consumer morale dipped
for the first time in six months in July and house prices
stagnated, adding to signs that Britain’s rapid economic
recovery is cooling slightly.

The consumer confidence index produced by market research
company GfK unexpectedly fell although it was still close to a
nearly 10-year high.

Jul 31, 2014
Jul 31, 2014
Jul 31, 2014
Jul 31, 2014

House price growth slows in July

LONDON (Reuters) – British house prices stagnated in July after strong growth last month, cooled by tougher checks on mortgage lending, a survey from lender Nationwide showed on Thursday.

House prices gained just 0.1 percent month-on-month, the slowest pace since April last year and down from 1.0 percent in June.

Jul 31, 2014

British house price growth slows in July – Nationwide

LONDON, July 31 (Reuters) – British house prices stagnated
in July after strong growth last month, cooled by tougher checks
on mortgage lending, a survey from lender Nationwide showed on
Thursday.

House prices gained just 0.1 percent month-on-month, the
slowest pace since April last year and down from 1.0 percent in
June.

Jul 30, 2014
Jul 28, 2014
via MacroScope

Still room for improvement with the BoE’s forward guidance, says IMF

There was plenty of support for the Bank of England’s stance on interest rates from the International Monetary Fund in its latest report on the British economy.

But it seemed a little less sure on how forward guidance – the Bank’s cornerstone policy since Governor Mark Carney took charge last year – has fared so far.

Jul 25, 2014