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Tag: UK

UK Think Tank: 2013 Will Be "Groundhog Year" For Economy

Jan 02 2013 06:01:02 Stanimir Zhelev in Market

The UK economy will face a "groundhog year" in 2013, the Institute for Public Policy Research (IPPR) has warned in a report on Tuesday. Export growth has tailed off badly because Europe, the UK's main market, is back in recession. Read more

UK Housing Equity Withdrawal Negative At GBP 8Bln

Dec 31 2012 10:01:02 Stanimir Zhelev in Market

British households injected a net total of GBP 8 billion into housing equity in the third quarter, a report on Housing Equity Withdrawal (HEW) from the Bank of England showed Monday. This was slightly less than GBP 9.44 billion injected in the second quarter. Read more

Fxw Societe Generale: the Uk Economy Is Trundling Along Going Nowhere, Sterling Is the Cheapest of G10 Currencies and That

Dec 26 2012 08:31:05 Stanimir Zhelev in Market

FXW SOCIETE GENERALE: THE UK ECONOMY IS TRUNDLING ALONG GOING NOWHERE, STERLING IS THE CHEAPEST OF G10 CURRENCIES AND THAT IS ITS MAIN SUPPORT BUT, WHILE THE ECONOMY IS STUCK IN DOLDRUMS, THE FISCAL POSITION IS DETERIORATING AND AAA RATING IS UNDER THREAThe material has been provided by Instaforex... Read more

Hometrack Sees Further Decline In UK House Prices Next Year

Dec 24 2012 03:31:02 Stanimir Zhelev in Market

House prices declined for a sixth consecutive month in December, according to a survey published by Hometrack on Monday. The property market researcher said it expects prices to drop further in 2013. Home prices in England and Wales slipped 0. Read more

European Economics Preview: German Consumer Confidence, UK Q3 GDP Data Due

Dec 21 2012 07:01:03 Stanimir Zhelev in Market

Consumer confidence from Germany and final quarterly national accounts and public sector finances from the U.K. are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, German GfK consumer confidence survey data is due. Read more

UK December Consumer Confidence Declines - GfK

Dec 21 2012 00:31:19 Stanimir Zhelev in Market

A gauge of consumer confidence in the UK showed confidence deteriorated in December. The survey from research group GfK showed its confidence index fell to a reading of minus-29 from the November reading of minus-22. Most economists had expected the index for fall to minus-25. Read more

UK Property Market Recovery To Continue Next Year: CML

Dec 20 2012 12:01:02 Stanimir Zhelev in Market

Activity in the British mortgage market has been stronger than estimated, and the ongoing recovery is set to continue into 2013, supported in part by the government's Funding for Lending scheme, a report from the Council of Mortgage Lenders (CML) said Thursday. Read more

UK House Prices Post Largest-Ever Monthly Fall: Rightmove

Dec 17 2012 06:01:02 Stanimir Zhelev in Market

House prices in the U.K. posted the steepest decline on record in December, but remained 1.4 percent higher than a year earlier in 2012, a survey by Rightmove showed Monday. New seller asking prices fell 3.3 percent month-on-month in December to GBP 228,989. Read more

UK House Prices Fall 3.3% In December - Rightmove

Dec 17 2012 00:31:24 Stanimir Zhelev in Market

The average asking price for a home in the United Kingdom was down 3.3 percent in December compared to the previous month, property tracking site Rightmove said on Monday, standing at 228,989 pounds. That follows the 2.6 percent contraction in November. On a yearly basis, prices were up 1. Read more

S&P Cuts UK Credit Outlook On Weak Economy, Fiscal Performance

Dec 14 2012 04:31:02 Stanimir Zhelev in Market

Standard and Poor's on Thursday cut the outlook on Britain's triple-A credit rating to 'negative', citing risks emanating from weak economic growth and rising general government debt. Read more

UK Leading Index Drops First Time In Four Months: Conference Board

Dec 11 2012 10:31:02 Stanimir Zhelev in Market

A leading indicator of the British economy declined for the first time in four months in October, driven mainly by continued weakness in business confidence, data from a survey by the Conference Board showed Tuesday. The leading economic index decreased to 102 in October from 102. Read more

UK House Prices Decline At Faster Pace, RICS Survey Shows

Dec 11 2012 05:01:14 Stanimir Zhelev in Market

The pace of decline in British house prices accelerated in November, a survey by the Royal Institution of Chartered Surveyors' (RICS) showed Tuesday. The RICS house price balance fell to -9 in November from -7 in October. The October reading was the least negative in more than two years. Read more

Decline In UK House Prices Accelerates - RICS

Dec 11 2012 00:31:18 Stanimir Zhelev in Market

House prices in the UK declined at a faster pace in November. The Royal Institute of Chartered Surveyors index fell to a reading of minus-9 in November from the October reading of minus-7. Most economists were expecting the index to remain at minus-7. Read more

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