GBP News

The average asking price of a house in the United Kingdom was up 2.6 percent on month in October, property tracking website Rightmove said on Monday, to 271,669 pounds.

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U.K. mortgage approvals declined in September to its lowest level in more than a year and came in below expectations, figures from the British Bankers' Association showed Thursday.

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The U.K. economy grew at a slower pace in the third quarter in the face of rising uncertainty stemming from global economic conditions, preliminary estimates from the Office for National Statistics Office showed Friday. Gross domestic product climbed 0.7 percent from the second quarter, when it grew 0.9 percent.

GBPUSD M5: 45 pips price movement by GBP - GDP news event :

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The British manufacturing sector growth accelerated at its fastest pace in three months in October on domestic demand, survey results from Markit Economics and the Chartered Institute of Purchasing and Logistics, or CIPS, showed Monday. The seasonally adjusted manufacturing Purchasing Managers' Index rose to a three month high of 53.2 in October from a seventeen month low of 51.5 in September.

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House prices in the U.K. grew at the slowest pace since May 2013 in the three months ended October, results of a survey by the Royal Institution of Chartered Surveryors showed Thursday.

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The average asking price for a house in the United Kingdom slipped 1.7 percent on month in November, property tracking website Rightmove said on Monday - standing at 267,127 pounds.

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The U.K. economy registered robust growth as estimated in the third quarter as strength in consumer spending offset the weakness in exports and business investment. Gross domestic product grew 0.7 percent sequentially in the third quarter, unrevised from the previous estimate published on October 24, second estimates from the Office for National Statistics showed Wednesday.

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Consumer confidence in the U.K. stagnated at depressed levels in November, the results of a survey by the GfK Institute showed Friday. The consumer confidence index remained unchanged at -2 in November, in contrast to expectations for a modest improvement to -1.

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U.K. manufacturing sector grew at the fastest pace in four months in November, exceeding economists' expectations, as robust domestic demand offset a subdued trend in export orders leading to creation of more jobs, survey data from Markit Economics and the Chartered Institue of Procurement & Supply showed Monday.

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U.K. mortgage approvals for house purchase declined for the fourth consecutive month to the lowest level in 16 months, figures from the Bank of England revealed Monday.

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