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UK factories pick up pace in February, but so do price pressures

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LONDON British manufacturers had their best month in two years in February but the post-Brexit vote fall in the value of the pound is making them push up their prices sharply, posing a challenge for 2017, an industry survey showed.

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Asking prices for UK homes show smallest February rise since 2009 - Rightmove 9:04am GMT

LONDON Asking prices for homes in England and Wales are rising more slowly due to rising consumer price inflation, worries about Brexit and tighter lending rules, property data firm Rightmove said on Monday, adding to signs of a slowing property market.

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Stronger growth to help UK beat 2016/17 budget target - EY ITEM Club 9:58am GMT

LONDON Chancellor Philip Hammond is likely to hit his 2016/17 deficit reduction target with 3 billion pounds to spare, due to recent better-than-expected growth, economists working for accountants EY said on Monday.

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British consumers battered by Brexit inflation 17 Feb 2017

LONDON British shoppers unexpectedly cut back on their spending in January as last year's Brexit vote pushed up inflation, official data showed on Friday, the strongest sign to date that the country's economy is heading for a slowdown. | Video

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Pro-Brexit economists urge UK to unilaterally scrap tariffs 17 Feb 2017

LONDON Britain should be prepared to scrap all tariffs on imports unilaterally when it leaves the European Union to give consumers and the broader economy a boost, even if it hurts some businesses, economists who favour Brexit said on Thursday.

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EU workers in Britain drop in late 2016 after Brexit vote 16 Feb 2017

LONDON A steady rise in the number of European Union migrants working in Britain stalled at the end of 2016, suggesting the Brexit vote, and the subsequent fall in the value of the pound, might have made the country less attractive as a place to work.

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UK wage growth slows in late 2016, employment picks up 16 Feb 2017

LONDON British workers saw their pay grow more slowly than expected at the end of last year, official data showed on Wednesday, ahead of a likely squeeze on their living standards from higher inflation in 2017.

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UK households feel pinch from inflation's rise - survey 16 Feb 2017

LONDON British households felt their living costs rose at the fastest pace in nearly four years this month as the post-Brexit vote pickup in inflation curbed consumers' appetite for big spending, a survey by data firm Markit showed on Wednesday.

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Tone of British-EU divorce talks to decide path for UK growth - Reuters poll 14 Feb 2017

LONDON The tone of Britain's divorce negotiations with the European Union will be the main factor influencing the economy this year, according to economists polled by Reuters who also say the Bank of England will leave policy steady at least until 2019.

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Fuel price surge sends inflation to highest since June 2014 14 Feb 2017

LONDON British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound, official data showed on Tuesday.

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