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Tag: UK

UK Consumer Confidence Surged In March - Nationwide

Apr 26 2012 00:01:29 in Market

Consumer confidence in the United Kingdom rose sharply in March, according to survey results published Thursday by Nationwide. The Nationwide Consumer Confidence index rose 9 points to 53 in March from the February reading of 44. The March reading was the highest since June 2011. Read more

UK Services Index Drops Unexpectedly In February

Apr 25 2012 10:31:05 in Market

The U.K.'s index of services, an indicator of service sector output, decreased from the previous month in February, defying economists' forecast for an increase, data from the Office for National Statistics showed Wednesday. The seasonally adjusted index of services decreased 0. Read more

Pound Slides Amid UK Q1 GDP Report

Apr 25 2012 09:31:12 in Market

Following the release of the U.K. first quarter gross domestic product report at 4:30 am ET, the pound edged sharply lower against its major opponents. As of 4:31 am ET, the British currency was trading at 1.4650 against the Swiss franc, 1.6103 versus the dollar, 130.77 against the yen and 0. Read more

Pound Declines Ahead Of UK Q1 GDP Report

Apr 25 2012 09:01:03 in Market

The Office for National Statistics is scheduled to release quarterly national accounts for the first quarter at 4:30 am ET. Economists forecast the U.K. economy to expand 0.1 percent sequentially after contracting 0.3 percent in the fourth quarter of 2011. In the meantime, the U.K. Read more

UK Public Sector Borrowing Continues To Rise, Above Forecast

Apr 24 2012 11:01:04 in Market

The UK's public sector borrowing rose more than expected in March, according to the latest figures released by the Office for National Statistics, or ONS, on Tuesday. Read more

Pound Slightly Down Amid UK PSNB Data

Apr 24 2012 09:31:03 in Market

At 4.30 am ET Tuesday, the Office for National Statistics has released UK's public sector net borrowing for March. Amid the data, the pound dropped slightly against its major counterparts. The pound is now trading at 1.6143 against the greenback, 131.12 against the yen, 1. Read more

Pound Strengthens Ahead Of UK PSNB Data

Apr 24 2012 09:01:06 in Market

At 4.30 am ET Tuesday, the Office for National Statistics is slated to release the UK's public sector net borrowing for March. Ahead of the data, the pound climbed against its major counterparts. At 4:25 am ET, the pound traded at 1.6155 against the greenback, 131.24 against the yen, 1. Read more

European Economics Preview: UK PSNB Data Due

Apr 24 2012 06:01:02 in Market

Public sector net borrowing data from the UK and trade figures from Switzerland are the major news on tap for Tuesday. At 2 am ET, Swiss foreign trade data is due. The trade surplus is forecast to rise to CHF 3 billion in March. Read more

UK Household Finance Index Falls For Second Month

Apr 23 2012 03:31:04 in Market

UK household finances deteriorated for a second consecutive month in April, a survey by Markit Economics revealed Monday. The headline household finance index fell to a three-month low of 37 in April from 37.8 in March. A reading below 50 indicates deterioration. Read more

UK Manufacturing Pay Pressures Remain Weak: EEF/JAM

Apr 23 2012 03:01:10 in Market

UK manufacturing pay pressure remained subdued in the three months to March, a report by manufacturers' organization EEF and JAM Recruitment showed Monday. The average pay settlement of the over 300 firms surveyed for the three-month period period ended March was 2. Read more

Uk Govt to Layout Boe Appointment Process in due Course - Osborne

Apr 20 2012 17:31:02 in Market

News UK govt will layout process for appointment of BoE governor "in due course" - Fin Min, Osborne Osborne also said, "First of all we have an excellent governor doing his job. Read more

Australia, Uk, S Korea and Singapore to Provide Funds to Imf

Apr 20 2012 17:01:02 in Market

News Singapore, Australia, South Korea and UK pledged contributions to the IMF as part of a broad global effort Australia will contribute $7 billion, Singapore $4 billion, South Korea $15 billion and the UK $15 billion. Read more

Uk Retail Sales Spikes 1.8 Pct in March, Its Highest Increases Since Jan 2011

Apr 20 2012 09:31:03 in Market

News The retail sales volumes rose 1.8 pct m/m to an annual rise of 3.3 pct, marking their highest increases since Jan 2011 -ONS Warm weather during the period helped to drive the sales of clothing and footwear Fears of a fuel supply disruptions contributed to a 4. Read more

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