LONDON (Reuters) – Home loan approvals in Britain rose last month to the highest since January 2012, a sign that a Bank of England scheme may be starting to boost the flow of credit and support a flagging economy.

Net mortgage lending also jumped sharply to its highest level since April, offering hope that the bank’s Funding for Lending Scheme – which went into operation in August – is starting to bear fruit.

LONDON, Jan 30 (Reuters) – Home loan approvals in Britain
rose last month to the highest since January 2012, a sign that a
Bank of England scheme may be starting to boost the flow of
credit and support a flagging economy.

Net mortgage lending also jumped sharply to its highest
level since April, offering hope that the bank’s Funding for
Lending Scheme – which went into operation in August – is
starting to bear fruit.

LONDON, Jan 25 (Reuters) – Bond dealers and investors have
urged Britain to issue more inflation-linked gilts, two weeks
after the relevant inflation measure was spared changes that
could have cut future returns to investors.

Minutes published on Friday of the annual consultation
meeting between Britain’s Debt Management Office, the finance
ministry and gilt market-makers and investors also noted some
demand for gilts linked to the consumer price index (CPI) rather
than the retail price index (RPI).

LONDON (Reuters) – Britain’s economy shrank more than expected at the end of 2012 with a North Sea oil production slump, lower factory output and a hangover from London’ Olympics pushing it perilously close to a “triple-dip” recession.

The country’s gross domestic product fell 0.3 percent in the fourth quarter, the Office for National Statistics said on Friday, a sharper fall than the 0.1 percent decline forecast by analysts.

LONDON (Reuters) – Britain’s economy shrank more than expected at the end of 2012 with a slump in North Sea oil production, lower factory output and a hangover from the London Olympics pushing it perilously close to a “triple-dip” recession.

Britain’s gross domestic product fell 0.3 percent in the fourth quarter, the Office for National Statistics said on Friday, a sharper fall than the 0.1 percent decline seen by analysts.

LONDON (Reuters) – Britain will find out later on Friday whether its economy shrank again late last year, raising the risk that it is heading for its third recession since the 2008 financial crisis.

Forecasts from economists polled by Reuters centre on a 0.1 percent fall in gross domestic product between October and December compared with the previous quarter, when Britain briefly returned to growth.

LONDON (Reuters) – Britain will find out later on Friday whether its economy shrank again late last year, raising the risk that it is heading for its third recession since the 2008 financial crisis.

Forecasts from economists polled by Reuters centre on a 0.1 percent fall in gross domestic product (GDP) between October and December compared with the previous quarter, when Britain briefly returned to growth.

LONDON (Reuters) – Britain will find out later on Friday whether its economy shrank again late last year, raising the risk that it is heading for its third recession since the 2008 financial crisis.

Forecasts from economists polled by Reuters center on a 0.1 percent fall in gross domestic product (GDP) between October and December compared with the previous quarter, when Britain briefly returned to growth.

LONDON (Reuters) – British unemployment fell for the 10th quarter running at the end of last year and jobless claims hit their lowest since mid-2011 in December, a rare bright spot as the economy flirts with another recession.

The falls, which follow other numbers that have suggested the economy shrank again at the end of 2012, strengthen the case for the Bank of England to hold fire on any further bond-buying to bolster growth.

LONDON (Reuters) – Unemployment fell for the 10th quarter running at the end of last year and jobless claims hit their lowest since mid-2011 in December, a rare bright spot as the economy flirts with another recession.

The falls, which follow other numbers that have suggested the economy shrank again at the end of 2012, strengthen the case for the Bank of England to hold fire on any further bond-buying to bolster growth.