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This is a discussion on GBP News within the Analytics and News forums, part of the Trading Forum category; Mortgage approvals in the U.K. grew less than forecast in December, but the figure was the highest in six years, ...

          
   
  1. #21
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    U.K. Mortgage Approvals At 6-year High

    Mortgage approvals in the U.K. grew less than forecast in December, but the figure was the highest in six years, data released by the Bank of England showed on Thursday.

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  2. #22
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    British Manufacturing Sector Retains Robust Momentum

    U.K. manufacturing sector continued to expand in January, reflecting improvement in output and new orders, survey data from Markit Economics showed Monday. Although the pace of expansion eased from December, the survey indicates a strong start to the economy. The seasonally adjusted Markit/Chartered Institute of Purchasing & Supply Purchasing Managers' Index fell more-than-expected to 56.7.

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  3. #23
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    UK Construction Sector Expands Most In 6 1/2 Years

    The British construction sector expanded at the fastest pace in nearly six-and-half years in January as strong order growth boosted activity across all sectors, with residential building rising to a ten-year high.

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  4. #24
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    CBI Upgrades U.K. 2014 Growth Outlook

    The U.K.'s leading business group on Tuesday upgraded its growth projection as the economy is set to gain strength from business investment amid low borrowing cost and net trade poised to pick up this year. Nonetheless, the Confederation of British Industry expressed concerns about political uncertainty as the nation enters a lengthy election campaign.

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  5. #25
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    Bank Of England Pledges Low Interest Rate; Signals Hike In 2015

    The Bank of England on Wednesday hinted that the interest rates are unlikely to rise anytime soon even as the unemployment rate fell faster than it estimated in August. In the quarterly Inflation Report, released Wednesday, the BoE's Monetary Policy Committee suggested that the interest rate is set to rise only in the second quarter of 2015, in line with current market expectations.

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  6. #26
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    BoE Not To Raise Rates Until Slack Is Reduced, Carney Says

    The Bank of England will hike interest rate only when slack in the economy is used up, Governor Mark Carney said in an interview with the BBC.

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  7. #27
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    U.K. Inflation Falls Below 2% Target For First Time Since 2009

    U.K. consumer price inflation fell below the 2 percent target for the first time since November 2009, giving room for the Bank of England to leave its record low interest rates unchanged for some more time and avoid any rate hike that risks economic recovery. Factory-gate inflation also moderated in January, reflecting decreases in petroleum and pharmaceutical products.

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  8. #28
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    UK Labour Market Statistics, February 2014

    •The percentage of people aged from 16 to 64 who were in work (the employment rate) was 72.1%. The employment rate is up 0.3 percentage points from July to September 2013 and up 0.6 from a year earlier. There were 30.15 million people in employment aged 16 and over, up 193,000 from July to September 2013 and up 396,000 from a year earlier. •The percentage of the economically active population aged 16 and over who were unemployed (the unemployment rate) was 7.2%. The unemployment rate is down 0.4 percentage points from July to September 2013 and down 0.6 from a year earlier. There were 2.34 million unemployed people aged 16 and over, down 125,000 from July to September 2013 and down 161,000 from a year earlier.

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  9. #29
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    UK Unemployment Rate Unexpectedly Rises In December

    U.K. jobless rate unexpectedly rose in December, the first increase in nearly a year, data released by the Office for National Statistics showed on Wednesday.

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  10. #30
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    U.K. Jan Retail Sales Fall Most Since April 2012; Budget Surplus Declines

    British retail sales declined at the sharpest pace since April 2012 as food store sales weakened notably after Christmas, data from the Office for National Statistics showed on Friday. The budget surplus fell short of expectations in January and remained below last year's level due to a fall in income tax, another report revealed.

    GBPUSD M5 : 58 pips price movement by GBP - Retail Sales news event :

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