BoE's Weale urges caution over monetary stimulus
Fri 17 May 2013
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Bank of England (BoE) policymaker Martin Weale had dashed hopes that incoming Governor Mark Carney will implement further monetary stimulus to lift the economy.
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Prime Minister is 'deeply concerned' about potential petrol price fixing
Wed 15 May 2013
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Prime Minister David Cameron has admitted he is 'deeply concerned' about the possibility that recent leaps in petrol prices is the result of price-fixing.
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Bank of England forecasts stronger growth and lower inflation
Wed 15 May 2013
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The Bank of England (BoE) lifted its growth forecast in a quarterly economic update Wednesday.
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UK unemployment rises in first quarter, ONS figures reveal
Wed 15 May 2013
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UK unemployment rose to 2.52m in the first three months of the year, according to the Office for National Statistics (ONS).
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Cameron to publish draft bill on in-out EU referendum
Tue 14 May 2013
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UK Prime Minister David Cameron is set to publish a draft bill for an ‘in-out’ European Union (EU) referendum on Tuesday.
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Paypal co-founder Peter Thiel expected to invest further in London
Tue 14 May 2013
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Peter Thiel, the co-founder of PayPal, will 'very likely' invest further in London, a business associate of the billionaire has said.
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UK housing demand rises to multi-year highs, RICS says
Tue 14 May 2013
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The government´s new 'Help-to-Buy' programme is already stoking demand for housing in the UK, according to the Royal Institution of Chartered Surveyors (RICS).
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CBI expects GDP to grow but warns of challenges ahead
Mon 13 May 2013
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The Confederation of British Industry (CBI) on Monday said the UK economy is set to grow throughout 2013, but warned 'clear challenges' lay ahead.
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Construction drops to lowest level seen in 15 years
Fri 10 May 2013
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UK construction output plunged it its lowest level in 15 years in the first three months of the year, data revealed Friday.
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Osborne warns economic recovery is not guaranteed
Fri 10 May 2013
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Chancellor George Osborne has warned that the recovery of the UK is not guaranteed, and has said that economies must be 'nurtured'.
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UK trade deficit narrows on softer sterling
Fri 10 May 2013
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UK trade moved further towards positive territory in March as the pound wallowed well below its pre-crisis highs.
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Bank of England leaves policy settings unchanged
Thu 09 May 2013
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The Bank of England has, as widely anticipated, decided to maintain current policy settings in the wake of recent indicators which have suggested the UK economy has been moving in the right direction since the start of the year.
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UK industrial production trounces forecasts in March - UPDATE
Thu 09 May 2013
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UK industrial production output rose by 0.7 per cent month-on-month in March, according to the latest data out from the Office for National Statistics (ONS).
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UK industrial production spikes higher in March
Thu 09 May 2013
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UK industrial production output rose by 0.7 per cent month-on-month in March, according to the latest data out from the Office for National Statistics (ONS).
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UK retail sales improved in April but revival is hard to spot, BRC says
Wed 08 May 2013
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The value of UK retail sales was down by 2.2% on a like-for-like basis in April versus a year ago, when they declined by 3.3% on the preceding year, according to the British Retail Consortium (BRC).
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IMF visits UK as slow recovery persists
Wed 08 May 2013
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The UK has experienced one of slowest recoveries of all developed economies, it was revealed on Wednesday, as the International Monetary Fund (IMF) began their annual health check of the UK economy.
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House prices spike in April
Wed 08 May 2013
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House prices rose by the highest monthly amount since November in April, although the number of mortgage approvals fell.
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Car sales hit highest level since April 2008
Tue 07 May 2013
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UK car retail sales jumped to their highest level since April 2008, the Society of Motor Manufacturers and Traders (SMMT) revealed Tuesday.
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Shop price inflation hits lowest level in three and a half years
Tue 07 May 2013
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Shop price inflation fell to its lowest level in three and a half years in April, the British Retail Consortium (BRC) has reported.
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Britain better off leaving the EU, says Nigel Lawson
Tue 07 May 2013
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Former Chancellor Nigel Lawson has called for Britain to exit the European Union (EU) as Prime Minister David Cameron faces mounting pressure from anti-EU supporters.
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