
News
Weaker demand and increasing supply cooled house price growth last month and pushed future price expectations to their lowest in more than a year, a survey showed today.
The Recruitment and Employment Confederation said its permanent placements index fell to a five-month low of 60.7 in June from 61.3 in May.
A rebound in manufacturing slowed from a 15-year high in June as export order growth all but ran out of steam, a survey showed yesterday, suggesting the sector's recovery may have peaked.
The GfK NOP Consumer Confidence Index dropped by one point to -19, the lowest level since December 2009, but still six points higher than this time last year
Monthly house price rises in England and Wales slowed marginally in June, but nonetheless took the annual rise in prices to the largest since January 2008, property data company Hometrack reported
One Bank of England policymaker voted to raise interest rates from their record low this month in a surprise split with the majority for leaving policy unchanged, prompting speculation of a rate hike this year
The new coalition government produced the harshest budget in a generation on Tuesday, slashing spending, raising VAT and slapping a levy on banks to cut a record deficit to almost nothing in 5 years
The new coalition government faces its first big test tomorrow when Chancellor George Osborne delivers what is likely to be the tightest budget in at least 30 years
Retail sales rose six times faster than expected on the month in May as consumers flocked to electrical goods stores ahead of the world cup soccer tournament
Lower food costs helped inflation fall slightly faster than expected in May, boosting hopes price growth has peaked and backing the central bank's view that it will fall back to target within a year
