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Tag: UK

Uk Inflation Expectations Over Next 12 Months Spikes in Aug - Citi / Yougov

Aug 29 2012 15:31:02 in Market

UK's expectations for inflation over the next 12 months rise sharply in August against a backdrop of higher petrol prices - YouGov / Citi The YouGov poll showed public expectations for inflation over the year ahead rose to 2.8 pct in August from 2.4 pct in July. Read more

Research: Further Deteriation in Uk Public Finances Looks Likely

Aug 28 2012 11:31:03 in Market

Quotes from RBS: -The weakness in UK activity is also likely to be contributing to the poor public finances data, which is seeing some slippage compared to the deficit-tightening projections. Read more

Research: Outlook for Uk Gdp Growth

Aug 27 2012 10:31:03 in Market

Quotes from Barclays Capital: -July's public finance data were not as bad as they appear, but they were still poor. Borrowing for FY 2012-13 could significantly overshoot the OBR's March forecast. -Q2 GDP was revised up to -0.5% q/q from -0. Read more

UK House Prices To See Further Downward Pressure: Hometrack

Aug 27 2012 06:01:03 in Market

House prices in the United Kingdom is expected to face further squeeze during the rest of the year, as supply continues to outstrip demand, a survey by Hometrack showed Monday. An index measuring the average asking price of a home fell 0.1 percent month-on-month in August. Read more

UK House Price Balance Falls 0.1% In August - Hometrack

Aug 27 2012 01:01:02 in Market

An index measuring the average asking price of a home in the United Kingdom was down 0.1 percent on month in August, property tracking website Hometrack reported on Monday. That was in line with expectations and matched the rate of decline from the previous month. Read more

Uk Q2 Recession caused Less Shrinkage Than expected Despite Big Trade Drag

Aug 24 2012 09:31:05 in Market

UK economy shrank by 0.5 pct on the Q2 against the expected drop of 0.7 pct, falling 0.5 pct compared to the Q2 of 2011, the Office for National Statistics said. Consumer spending fell 0.4 on the quarter, while exports dropped 1.7 and imports rose 1.4 percent. Read more

UK Service Sector Output Declines In June

Aug 24 2012 09:31:03 in Market

Output of the U.K. services sector declined sharply in June, following a rebound in the previous month, data released by the Office for National Statistics revealed Friday. The index of services dropped 1.7 percent from May, when it rose 0.9 percent. Economists had expected a 1. Read more

Pound Mixed Ahead Of UK Q2 GDP Report

Aug 24 2012 09:01:02 in Market

The Office for National Statistics is slated to release second estimate for U.K. GDP at 4:30 am ET. The economy contracted 0.7 percent sequentially in the second quarter, the flash estimate showed. In the meantime, U.K. services output is also due. Read more

UK High Street Sales Decline Unexpectedly In August: CBI

Aug 23 2012 11:31:04 in Market

UK's high street sales decreased modestly in August, contrary to economists' forecast for an increase, data from a survey by the Confederation of British Industry (CBI) showed Thursday. Read more

Uk Retailers Post An unexpected Drop in Sales in Aug at -3 - Cbi

Aug 23 2012 11:01:03 in Market

UK retailers CBI monthly distributive trade survey fell to -3 compared way lower than expected rise for 15 The expected sales balance for Sept stood at +6, indicating that retailers expected higher sales than a year ago. Read more

Research: Outlook for Uk Economy Remains Fragile in H2

Aug 23 2012 10:01:03 in Market

Quotes from Standard Chartered: -After weak data released on 21 August (lower public-sector net borrowing, a fall in the CBI order survey), the market will scrutinise upcoming data for reassurance. Read more

Boe's Posen says Uk Should Use Its Low Debt Costs to Invest-Bbc

Aug 22 2012 09:31:05 in Market

Britain's Govt should make use of its rock-bottom borrowing costs to invest, BoE's Posen said in an interview with BBC television broadcast Posen added that as long as interest rates are as low as they are in the UK, it doesn't make any sense to sit on the money The material has been provided by ... Read more

UK Manufacturers' Order Book Balance Falls In August: CBI

Aug 21 2012 11:31:04 in Market

U.K. manufacturers' order book balance decreased more than economists expected in August, the latest monthly Industrial Trends Survey by the Confederation of British Industry (CBI) showed Tuesday. Read more

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