UK Economics Correspondent, London
Andy's Feed
Jul 11, 2014
Jul 9, 2014

Housing market cools a bit in June

LONDON (Reuters) – Britain’s housing market lost a little steam in June as prices dipped from the previous month, although faster annual growth suggested the rapid market upturn still has momentum, a survey from mortgage lender Halifax showed.

House prices dipped 0.6 percent in June from May when they leapt 4.0 percent, their fastest monthly pace in more than 11 years. Economists polled by Reuters had expected house prices to rise 0.2 percent in June.

Jul 9, 2014

UK’s housing market cools a bit in June -Halifax

LONDON, July 9 (Reuters) – Britain’s housing market lost a
little steam in June as prices dipped from the previous month,
although faster annual growth suggested the rapid market upturn
still has momentum, a survey from mortgage lender Halifax
showed.

House prices dipped 0.6 percent in June from May when they
leapt 4.0 percent, their fastest monthly pace in more than 11
years. Economists polled by Reuters had expected house prices to
rise 0.2 percent in June.

Jul 8, 2014
via MacroScope

Key to UK interest rate hike, pay data, still a muddle

Bank of England rate setters meeting this week should be in cordial agreement that Britain’s economy is growing at a decent pace, and that price pressures look mostly in check at the moment.

But when it comes to gauging how quickly slack in the labour market is disappearing – a key question deciding when they should raise interest rates – the surveys look a lot less joined-up.

Jul 8, 2014

UK economy growing solidly but exports and investment slip

LONDON (Reuters) – Britain’s economy kept growing at a robust rate in the second quarter, but exports and business investment weakened, clouding the prospects for a balanced recovery, a major business survey showed on Tuesday.

The British Chambers of Commerce’s (BCC) quarterly survey of nearly 7,000 companies showed most of its key measures for manufacturing and services companies fell in the second quarter of 2014, albeit from strong levels at the start of the year.

Jul 7, 2014

UK economy growing solidly but exports and investment slip: survey

LONDON (Reuters) – Britain’s economy kept growing at a robust rate in the second quarter, but exports and business investment weakened, clouding the prospects for a balanced recovery, a major business survey showed on Tuesday.

The British Chambers of Commerce’s (BCC) quarterly survey of nearly 7,000 companies showed most of its key measures for manufacturing and services companies fell in the second quarter of 2014, albeit from strong levels at the start of the year.

Jul 7, 2014
Jul 3, 2014
Jul 3, 2014
Jul 2, 2014