
News
Retail sales growth accelerated last month, helped by clothes sales, a survey showed today, but discounting played a part in the improvement and consumers remain reluctant to splash out on expensive items
Britain's lenders expect to repossess fewer homes this year than they had previously forecast, the Council of Mortgage Lenders said, after data showed a steady fall in the number of mortgages in arrears.
Consumer morale fell to its lowest since May 2009 last month as households took a bleaker view of the outlook following June's austere budget, according to the Nationwide Building Society
Employment growth slowed to its weakest rate in nine months in July, with the healthcare sector particularly hard hit as public spending cuts began to bite, a survey showed on yesterday
Mortgage approvals fell more than expected in June and lending was also weaker than forecast, Bank of England figures showed last week, suggesting the housing market will continue to soften in the coming months
House prices fell 0.5 percent month-on-month in July after a flat month in June, the Nationwide Building society reported today, as concerns about the impact of government austerity measures dampened demand
House prices in England and Wales fell for the first time in 15 months in July, causing the the annual rate to weaken, not seen in over a year, property data company Hometrack said on Monday
Bank of England rate-setters discussed easing monetary policy for the first time since February, minutes of their July 7-8 meeting showed yesterday, reflecting growing concerns about Britain's economic prospects.
Asking prices for British homes fell for the first time this year in July, lowering the annual rate of growth to 3.7 percent from 5.0 percent in June, property website Rightmove showed yesterday
The number of people claiming jobless benefit fell to its lowest in more than a year in June, while the number of people in work jumped the most in almost four years, official data showed yesterday
