UK construction growth picks up speed in September

LONDON - Growth in Britain's construction sector hit its fastest pace in six months in September, boosted by stronger house building and higher levels of hiring, a survey showed on Friday.

UK labour costs rise as Bank of England watches 01 Oct 2015

LONDON - British labour costs rose during the second quarter at their fastest pace in more than two years, official data showed on Thursday, reinforcing the view that the Bank of England is edging closer to raising interest rates.


From heroes to bystanders? Central banks' growth challenge 01 Oct 2015

WASHINGTON/FRANKFURT - Central bankers who led the charge to pull the global economy from a cliff during the financial crisis now risk becoming bit players, ill-equipped to snap the world out of sluggish growth and its addiction to cheap credit.


'People's QE' plan not a taboo for all UK economists 01 Oct 2015

LONDON - The 'People's Quantitative Easing' plan set out by the new leader of the Labour Party is too radical for most economists, but some say the idea of central banks printing money for government spending is not unthinkable.

UK private sector growth slows in September 01 Oct 2015

LONDON - Growth in Britain's private sector slowed in the three months to September as the manufacturing sector stagnated for the first time in more than two years, according a survey by the Confederation of British Industry (CBI).

UK current account deficit narrows sharply, living standards pick up 30 Sep 2015

LONDON - Britain's hefty current account deficit with the rest of the world narrowed much more sharply than expected after a surge in exports in the three months to June, but a slowing global economy may make this hard to sustain.


UK house price growth picks up in September 30 Sep 2015

LONDON - British house price growth accelerated in September and there were signs the market in London is heating up again, mortgage lender Nationwide said on Wednesday, adding to evidence the housing market has regained momentum.

UK consumer confidence dips, hit by China and migrant crisis 30 Sep 2015

LONDON - British consumer morale fell more than expected in September as people worried about China's economic slowdown and Europe's migration crisis, a survey showed on Wednesday.

UK retail sales grow by more than expected in September 29 Sep 2015

LONDON - British retail sales growth beat expectations this month by a comfortable margin, a survey by the Confederation of British Industry showed on Tuesday.


UK mortgage lending shows biggest increase since 2008 29 Sep 2015

LONDON - British mortgage lending increased by the greatest amount since 2008 after lenders approved the largest number of mortgages in more than a year and a half, adding to signs Britain's housing market is heating up.

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