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Tag: UK

Uk Inflation Eases to 3.0 Pct in April, Hits Lowest in more Than 2 Years

May 22 2012 09:31:06 in Market

The Office for National Statistics said CPI eased to 3.0 pct in April from 3.5 pct in March The ONS said the fall in annual inflation was driven by lower inflation for air and sea transport, clothing and alcohol. Core CPI fell to 2.1 pct, its lowest since Nov 2009. Read more

Uk Banks can Tackle Contagion from Potential Greek Contagion says Michael Cohrs

May 21 2012 02:31:02 in Market

BoE's Michael Cohrs said that UK banks are well prepared to tackle any potential contagion from Greek crisis Quotes    "They have thought about their direct exposures to Greece and they have marked them to appropriate levels, their liquidity is strong and they have enough capit... Read more

Uk Debt Agency Receives 3.67 Times Bids for 2014 Gilts, Yield at 0.351 Pct

May 17 2012 10:31:03 in Market

UK's DMOsaid it received bids worth 3.67 times the 1.5 billion pounds of 2014 gilts on offer at its mini-tender  Bond with coupon of 5 pct, were sold at a striking price of 110.66, giving a yield of 0.351 pct The DMO received bids totaling 5.503 billion pounds for the securities. Read more

Uk Joblessness Declines Unexpectedly, Earning Rises Lower Than Expected

May 16 2012 09:31:08 in Market

The Office for National Statistics said the number of people without a job on the ILO measure fell by 45,000 in the three months to March to 2.625 million The jobless rate inched down to 8.2 pct, compared with estimates for an unchanged reading of 8.3 pct. Read more

Uk Goods Trade Deficit Remains unchanged in March As Exports Rises to Non Eu Nations

May 15 2012 09:31:27 in Market

Britain's goods trade deficit inched down to 8.56 billion pounds in March from 8.59 billion pounds in Feb. The goods trade deficit with non-EU countries fell more to 4.11 billion pounds from 4.87 billion pounds in Feb and against forecasts for a gap of 4.65 billion pounds. Read more

Uk Tax Head - sees No Opposition by Eu Over Swiss Tax Pact

May 14 2012 14:31:02 in Market

 News A UK agreement to sweep Swiss banks clean of undeclared money is likely to be enforced without further opposition from the EU - HMRC Chief EU tax officials initially opposed the UK and Swiss deals, but backed it after Switzerland agreed to bring the pact into line with EU rules. Read more

Uk April Producer Output Prices Unexpectedly Rises, Q1 Construction Drop Steeper

May 11 2012 09:31:03 in Market

UK producer output prices reported at 3.3 pct y/y from 3.7 pct rise in March, lowest since Dec 2009, while economists expected them to decline to 2.9 pct The Input prices were 1.2 pct higher on the year compared with forecasts for an annual increase of 1.9 pct, after rising 5. Read more

MIG Capital - The new UK subsidiary of MIG Bank

May 10 2012 14:36:55 in Brokers

MIG Bank, the leading Swiss forex broker that last month opened an office in Hong Kong, this week announced that its UK subsidiary MIG Capital (Europe) Ltd.,  has received licence from Financial Services Authority (FSA). Read more

Uk Home Repossessions Remains steady in Q1 of 2012-Cml

May 10 2012 10:31:07 in Market

Repossessed homes in Britain held steady at the same level as a year ago at 9,600 in the first Q1 of 2012, the Council of Mortgage Lenders said The data, which are not adjusted for seasonal variations, showed an increase in repossessions from 8,700 in the Q4 of 2011. Read more

Uk Manufacturing Advances by 0.9 Pct in March, Industrial Output Slips

May 10 2012 09:31:09 in Market

UK manufacturing output rose by 0.9 pct m/min March after 1.1 pct plunge in Feb, V/S forecasts for a rise of 0.5 pct The rise was driven by chemicals and chemical products, transport equipment, and computer, electronic and optical products, the ONS said. Read more

Uk New Car Sales Rose Beyond Expectation in April - Smmt

May 04 2012 09:31:07 in Market

UK new car registrations rose 3.3 pct form year ago period, stronger than expectations pointing to higher demand - SMMT Total car sales during Jan- April months rose 1.4 pct for last year SMMT said it raised its full-year car sales expectations by 0.4 pct to 1.948 million units, than the 1. Read more

Uk Halifax House Prices Declines 2.4 Pct M/m in April

May 04 2012 08:31:07 in Market

UK's home prices fell sharply by 2.4 pct m/m while declining 0. Read more

Uk Services Pmi Post Surprise Drop, Lowest Since Nov; Firms Step up Hiring

May 03 2012 09:31:02 in Market

UK Markit/CIPS PMI for the service sector fell to 53.3 in April from 55.3 in March, lowest since Nov Better market conditions and a solid rise in new business boosted activity in the service sector in April - Markit UK services expectations PMI 72.6 in April, highest since march 2010 from 71. Read more

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