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Tag: UK

UK Consumer Confidence Remains Weak In July

Jul 31 2012 05:01:03 Stanimir Zhelev in Market

British consumer confidence remained at low level in July as hosting of Olympics failed to offset consumers' concerns about their personal and general economic situation. Market research agency GfK NOP said that the consumer confidence index was at -29 in July, unchanged from June and May. Read more

UK Consumer Confidence Index Unchanged At -29 In July

Jul 31 2012 00:31:18 Stanimir Zhelev in Market

An index measuring consumer confidence in the United Kingdom came in with a score of -29 in July, GfK NOP revealed on Tuesday - unchanged from the previous month and in line with expectations. Read more

UK High Street Sales Rise For Third Month: CBI

Jul 30 2012 11:01:02 Stanimir Zhelev in Market

UK's high street sales increased for the third consecutive month in July, but the rate of growth slowed from the previous month, data from a survey by the Confederation of British Industry (CBI) showed Monday. Read more

UK House Prices Fall In July, Hometrack Says

Jul 30 2012 05:31:02 Stanimir Zhelev in Market

Home prices in the UK declined for the first time this year in July as the deepening recession and Eurozone debt worries curbed demand for properties, a survey by Hometrack revealed Monday. House prices slipped 0.1 percent month-on-month in July. Demand fell 2. Read more

UK Retail Employment Rises In Q2, BRC Says

Jul 26 2012 04:31:23 Stanimir Zhelev in Market

Employment in British retail sector increased in the second quarter driven the food sector, the British Retail Consortium (BRC) said Thursday. Retail employment rose 1.8 percent year-on-year in the second quarter, the equivalent of 12,648 more full-time jobs. Read more

UK Manufacturing Sector Set To Contract This Year: EEF

Jul 23 2012 07:01:06 Stanimir Zhelev in Market

The British manufacturing sector is likely to contract this year as as the economic turbulence in the Eurozone continues affect trade and exports, a report published by manufacturers' organization Engineering Employers' Federation (EEF) showed Monday. Read more

UK Household Finance Index Drops At Slower Pace In July

Jul 23 2012 06:01:03 Stanimir Zhelev in Market

Household finances in the United Kingdom deteriorated at the slowest pace in four months in July, data from a survey by Markit Economics showed Monday. The household finance index, which is designed to anticipate changing consumer behavior, came in at 37. Read more

UK Public Sector Borrowing Rises In June

Jul 20 2012 09:31:02 Stanimir Zhelev in Market

The U.K. public sector net borrowing, excluding the temporary effects of financial interventions, rose to GBP 14.4 billion from GBP 13.9 billion during the same period of last year, the Office for National Statistics reported Friday. Public sector net borrowing totaled GBP 125. Read more

UK House Price Sentiment Weakens In July: Markit

Jul 20 2012 06:31:03 Stanimir Zhelev in Market

Confidence among British households about their property prices deteriorated in July, data from a survey by Knight Frank and Markit Economics showed Friday. The house price sentiment index dropped to 45.6 in July from 46. Read more

IMF Urges UK To Slow Fiscal Consolidation If Growth Remains Sluggish

Jul 20 2012 05:31:02 Stanimir Zhelev in Market

The U.K. government should not accelerate its fiscal consolidation if growth fails to gather momentum despite further monetary and credit easing, the International Monetary Fund said in a review report on Thursday. Read more

UK Bank Lending To Businesses Contract In May: BoE

Jul 19 2012 10:01:03 Stanimir Zhelev in Market

Stock of lending to British businesses contracted in May as loans to small and medium-sized enterprises declined, a report from the Bank of England showed Thursday. Read more

Pound Slides After UK Retail Sales Report

Jul 19 2012 09:31:03 Stanimir Zhelev in Market

Following the release of the UK retail sales report for June at 4:30 am ET, the pound edged lower against its major opponents. As of 4:30 am ET, the sterling was trading at 1.5305 against the Swiss franc, 1.5669 against the dollar, 123.12 against the yen and 0.7848 against the euro. Read more

Pound Steady Ahead Of UK Retail Sales Report

Jul 19 2012 09:01:02 Stanimir Zhelev in Market

The Office for National Statistics is scheduled to issue retail sales figures for June at 4.30 am ET. Economists forecast the U.K. retail sales to grow 0.6 percent month-on-month and 2.3 percent annually. The pound held steady against its major counterparts ahead of the report. Read more

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