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  1. BoE's Carney Says Bitcoin Failed As Currency

    by , 02-20-2018 at 12:08 PM
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    Bank of England Governor Mark Carney said bitcoin has pretty much failed as currency as its value is unstable and it cannot be a useful way to buy things. "It has pretty much failed thus far on ... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange," he told students at Regent's University in London.

  2. UK House Prices Slide 0.8% In November - Rightmove

    by , 11-13-2017 at 06:19 AM
    The average asking price for a house in the United Kingdom was down 0.8 percent on month in November, property tracking website Rightmove said on Monday.

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  3. Trading the News: U.K. Employment Change

    by , 10-18-2017 at 07:46 AM
    Trading the News: U.K. Employment Change

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    In light of the market reaction to the U.K. Consumer Price Index (CPI), another batch of lackluster data prints may continue to rattle the near-term rebound in GBP/USD as it saps bets for higher interest rates. Even though BoE Governor Mark Carney warns the central bank will deliver a rate-hike over the ‘coming months,’ the majority of the Monetary Policy Committee (MPC) may largely endorse a wait-and-see ...
  4. UK Services Activity Expands Moderately In September

    by , 10-04-2017 at 04:59 PM
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    The UK services sector growth improved from an 11-month low in September, but the pace of expansion remained moderate as subdued domestic demand acted as a drag on activity growth. The services Purchasing Managers' Index climbed to 53.6 in September from August's 11-month low of 53.2, survey data from IHS Markit and the Chartered Institute of Procurement & Supply showed Wednesday.

  5. UK GDP Grows Moderately Amid Weakest Household Spending Growth In 3 Years

    by , 08-24-2017 at 06:34 PM
    The UK economy expanded moderately as estimated in the second quarter as household spending grew at the weakest pace in nearly three years amid rising prices. Gross domestic product increased 0.3 percent sequentially in the second quarter, unrevised from the preliminary estimate, the latest data from the Office for National Statistics showed Thursday.

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