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Tag: UK

Uk Services Sector Output Registers subdued Growth in Jan

Mar 29 2012 09:31:04 in Market

News UK's services sector growth was modest 0.2 pct in January little lower than average of 0.3 per month in last three month (-0. Read more

Uk Home Loans Approvals Drops Unexpectedly to Their Lowest in 8 Months in Feb

Mar 29 2012 09:31:03 in Market

News The mortgage approvals numbered 48,986 in Feb, down from 57,899 in Jan. However BoE's survey showed that banks expect demand for home loans to increase in the Q2 of 2012 Consumer credit rose by 0.4 billion pounds in Feb and net mortgage lending eased to 1.2 from 1. Read more

Uk House Prices slips Sharply in March, Its Biggest fall Since Feb 2010 - Nationwide

Mar 29 2012 07:01:08 in Market

News UK house prices down a 1.0 m/m, its biggest fall since 2 years, missing expectations of a rise by 0.3 pct and down from Feb.'s 0.4 pct rise. On the year, house prices were 0.9 pct lower in Mar, the biggest annual fall since June and again missing analysts' forecasts for a 0.8 pct rise. Read more

Pound Down As UK Economy Contracts In Fourth Quarter

Mar 28 2012 12:01:17 in Market

The British currency fell on Wednesday after a report showed that the UK economy contracted more than initially estimated during the fourth quarter. The revised data released by the Office for National Statistics showed today that the nation's gross domestic product fell 0. Read more

UK Current Account Deficit Shrinks In Q4

Mar 28 2012 10:01:08 in Market

The UK's current account gap narrowed in the fourth quarter, mainly due to a fall in trade deficit and an increase in income surplus, the Office for National Statistics said Wednesday. The current account deficit dropped to GBP 8.5 billion in the fourth quarter from a revised GBP 10. Read more

UK Q4 GDP Contraction Worse Than Estimated

Mar 28 2012 09:31:19 in Market

The UK economy contracted more than initially estimated during the fourth quarter, revised data released by the Office for National Statistics showed Wednesday. The gross domestic product fell 0.3 percent quarter-on-quarter in the fourth quarter compared to the previously estimated 0. Read more

Uk Economy Contracts Beyond Expectations in Q4, on Weaker Service Sector

Mar 28 2012 09:31:18 in Market

News UK economy shrank beyond expectation by 0.3 pct, beyond expected 0.2 pct, on weaker service sector This contraction limited the annual growth to 0.5 pct, down from expected 0. Read more

France on Strategic Talks Over Possible Oil Release With Uk, US - Report

Mar 28 2012 08:31:03 in Market

News France is in discussion with Britain and the U.S on a possible release of strategic oil stocks to push fuel prices down The release of strategic oil stocks "is a matter of weeks, not days", French newspaper said. The material has been provided by Instaforex Company - instaforex. Read more

Uk Retail Sales steady in Mar, Beats Expectations, After a fall in Feb - Cbi

Mar 27 2012 11:31:04 in Market

 News UK retail salesroseto zero from -2 in Feb, beating expectations of a fall to -6, but warned that outlook is poor on rising fuel prices and lower wage growth Durable goods sales fell at their slowest pace since Dec 2010, and there were also improvements in the clothing, furniture and ... Read more

Uk in advanced Talks to Sell Part of Rbs Stake to Abu Dhabi - Bbc

Mar 26 2012 17:31:07 in Market

News Britain is in "advanced talks" to sell up to one-third of its holding in Royal Bank of Scotland to Abu Dhabi investors - BBC reported on Monday UK likely to sell up to 1/3rdof its 82 pct stake in RBS to Abhu Dhabi sovereign funds UK treasury's said that its current strategyfor RBS is to r... Read more

Research: Direction of Yields and Swaps Same in the Three Core Regions of the Eu, US and Uk

Mar 26 2012 13:31:05 in Market

Quotes from Societe Generale Cross Asset Research: -Followers of seasonal trends will not be surprised to see core bond yields and swaps higher this month. They will not be too puzzled either to see that bund yields and EU swap rates have risen less in March (i.e. Read more

UK Consumer Morale Weakens In February: Nationwide

Mar 23 2012 04:31:02 in Market

Confidence among the UK's consumers declined unexpectedly in February as they turned more pessimistic about the economy's prospects amid rising unemployment and tight austerity. Read more

UK Consumer Confidence Drops In February - Nationwide

Mar 23 2012 01:01:18 in Market

Consumers in the United Kingdom were less confident about their country's economy in February, according to poll results published Friday by the Nationwide Building Society. The Society's consumer confidence index fell to 44.0 from 47.0 in January. Read more

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