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Tag: UK

UK House Prices Decline For Third Month: Survey

Oct 12 2012 07:31:03 in Market

House prices in the United Kingdom decreased for the third successive month in September, signaling a further slowdown in the mortgage market, data from a survey by Acadametrics and LSL Property Services showed Friday. The house price index dropped 0. Read more

UK Economy Gets Modest Boost From Olympic Visitors

Oct 11 2012 14:01:03 in Market

The British economy got a mild boost from the money spent by overseas visitors to the country during the Olympic/Paralympic games, possibly helping it avoid a recession. Read more

UK PM Says Economic Recovery Taking Longer Than Expected

Oct 10 2012 13:01:02 in Market

UK Prime Minister David Cameron on Wednesday said the deficit reduction plan is not an alternative to a growth plan and the economic recovery is taking longer than expected. Read more

UK GDP Advances In Third Quarter, NIESR Says

Oct 10 2012 04:31:02 in Market

The U.K.'s gross domestic product grew 0.8 percent in the three months to September, after a 0.1 percent rise in the three months ending in August, according to monthly estimates released by the National Institute of Economic and Social Research (NIESR) on Tuesday. Read more

Pound Ticks Down Amid UK Industrial Production And Trade Balance Data

Oct 09 2012 09:31:04 in Market

The U.K. industrial and manufacturing output and the trade balance data-all for August have been released at 4:30 am ET. Both the industrial and manufacturing output eased almost in line with market expectations, while the trade deficit widened more than predicted in the month of August. Read more

UK Visible Trade Gap Widens More Than Expected

Oct 09 2012 09:31:03 in Market

The U.K.'s trade in goods resulted in a higher-than-expected deficit in August, data released by the Office for National Statistics (ONS) showed Tuesday. The visible trade deficit widened to GBP 9.8 billion in August from GBP 7.3 billion in July. Economists expected a deficit of GBP 8.5 billion. Read more

UK Retail Sales Increase In September - BRC

Oct 09 2012 00:01:17 in Market

Retail sales in the United Kingdom rose more than expected in September, according to the British Retail Consortium. BRC's retail sales monitor showed a 3.4 percent rise in overall sales from a year earlier. Same store sales volumes increased 1.5 percent on year. Read more

UK House Price Index Improves In September - RICS

Oct 09 2012 00:01:16 in Market

House prices in the United Kingdom rose in September, the Royal Institute of Chartered Surveyors reported Tuesday. RICS said hits house price balance improved to a seasonally adjusted balance of minus 15 compared to minus 18 in August. Read more

UK Chancellor Osborne Unveils GBP 10 Bln Cut In Welfare Spending

Oct 08 2012 14:01:04 in Market

U.K. Chancellor of the Exchequer George Osborne said on Monday that the Conservative Party led government will execute a GBP 10 billion reduction in the benefits budget and further cut department spending. Read more

UK Policymakers Opt To Retain QE At GBP 375 Bln

Oct 04 2012 13:01:11 in Market

The U.K. central bank refrained from raising quantitative easing as a slight economic improvement eased the pressure on policymakers to expand the ongoing stimulus at this stage. Read more

UK House Prices Fall For Third Month

Oct 04 2012 09:31:03 in Market

House prices in the U.K. declined for a third consecutive month in September and is expected to remain broadly stable over the rest of the year and into 2013, a survey by Lloyds Banking Group's Halifax division showed Thursday. The house price index declined unexpectedly by 0. Read more

UK Car Sales Rise Sharply In September: SMMT

Oct 04 2012 09:01:08 in Market

New car registrations in the United Kingdom increased significantly in September, driven mainly by a boost from plate changes, data released by the Society of Motor Manufacturers and Traders (SMMT) showed Thursday. Overall new car sales increased 8. Read more

Pound Slightly Slips Amid UK Services PMI Data

Oct 03 2012 09:31:03 in Market

The U.K. purchasing managers' index for the service sector in September was released at about 4:30 am ET Wednesday. After the report, the pound slightly slipped against major currencies and currently trading near 1.6105 against the dollar, 125.97 versus the yen, 1.5088 against the franc and 0. Read more

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