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Tag: UK

Uk Public Finances Post Larger Surplus in Jan

Feb 21 2012 10:31:32 in Market

News UK's public finances recorded their biggest monthly surplus in 4 years in Jan, driven by a drop in local Govt borrowing and a modest rise in tax receipts, National Statistics said Public sector made a net repayment excluding financial interventions of 7. Read more

UK House Prices Rise 1.4% On Year - Rightmove

Feb 20 2012 01:31:07 in Market

The average asking price for a house in the United Kingdom jumped 1.4 percent on year in January, property tacking website Rightmove said on Monday. That followed the 0.4 percent increase in December. On a monthly basis, asking prices surged 4. Read more

Uk Markit Household Finance Index Rose to 38.7 in Feb, Shows Signs of Improving Confidence

Feb 20 2012 01:31:05 in Market

News Finance Index rose to 38.7 in Feb from 36. Read more

Research: Uk Did Not Enter a Double-Dip in Q4

Feb 17 2012 13:31:06 in Market

Quotes from Societe Generale Cross Asset Research: -For now UK retail sales data will help to boost the Q1 GDP numbers. Even if sales fall by 1% in February and then are stable in March, Q1 sales will have grown by 0.8% qoq after 0.9%in Q4. Read more

Research: Strong January Uk Retail Sales Reading Establishes a Firm Base for Q1

Feb 17 2012 13:31:06 in Market

Quotes from Societe Generale Cross Asset Research: -UK retail sales excluding auto fuels grew by a robust 1.2% mom in January when a fall had been expected (SG -0.5, market -0.3). Read more

Uk Retail Sales Unexpectedly rise 0.9 Pct in Jan Fastest Since April 2011

Feb 17 2012 10:31:26 in Market

News Retail sales volumes rose 0.9 pct m/m and 2.0 pct y/y in Jan, as stores lured cash-strapped Britons with discounts on household goods and furniture Economists expected retail sales to shrink by 0. Read more

UK House Price Sentiment Falls Sharply In February

Feb 17 2012 06:01:04 in Market

An indicator of expectations of residential property prices in the United Kingdom deteriorated for the twentieth consecutive month in February, data from a survey by Knight Frank and Markit Economics showed Friday. The house price sentiment index dropped to 43.1 in February from 43.2 in January. Read more

Research: Uk Employment Growing

Feb 15 2012 11:31:22 in Market

Quotes from Societe Generale Cross Asset Research: -The UK claimant count rose by 6.9k in January after a revised 1.9k. These are still very low numbers. The level of unemployment rose by 49k compared to 3 months earlier but the pace of increase is slowing and employment is actually rising. Read more

UK Jobless Claims Rise; Unemployment Rate At 16-Year High

Feb 15 2012 11:01:17 in Market

British jobless claims increased more than expected in January, reaching its highest level in two years, while the unemployment rate for the three months to December hit a 16-year high. Read more

Research: Uk Forward-Looking Indicators have Also responded to the US Upturn

Feb 14 2012 13:31:17 in Market

Quotes from Standard Chartered: -More encouragingly, UK forward-looking indicators have also responded to the US upturn. The UK January manufacturing PMI improved to 52.1 from 49.7, well above the consensus forecast of 50.0. Similarly, the January services' PMI reading improved to 56.0 from 54.0. Read more

Uk Inflation to fall to Around 2 Pct by End 2012 says Boe's King

Feb 14 2012 11:31:09 in Market

News British inflation will continue to ease in 2012 ,will be around its 2 pct target by the end of 2012 on lower petrol, food inflation, VAT impact , BoE Governor Mervyn King said He said Jan's fall in the CPI reflects 2011 rise in value added tax, which has fallen out of the annual compariso... Read more

UK House Prices Increase First Time In 9 Months

Feb 14 2012 10:01:08 in Market

House prices in the United Kingdom increased for the first time in nine months in December, data from a survey by the Department for Communities and Local Government (DCLG) showed Tuesday. The house price index rose 0.1 percent on an annual basis in December after falling 0.3 percent in November. Read more

Uk Must Deal With Its Debts to Resolve the Crisis says Osborne

Feb 14 2012 09:31:16 in Market

News Britain must tackle its debts to boost growth and secure investor confidence, finance minister George Osborne said He also said that resolving debt problem is must for gaining growth and Moody's warning is a "realty check" He also said that he has taken some actions to makes banks safer but... Read more

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