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House price inflation slows to 11-month low

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LONDON - The annual rate of increase in British house prices fell to its lowest level in nearly a year this month as the property market continued to lose momentum, figures from mortgage lender Nationwide showed on Friday.

UK consumer morale holds steady in November 7:05am GMT

LONDON - British consumer morale held steady in November in the face of slipping confidence about the economy's prospects over the next 12 months, a survey by polling company GfK showed on Friday.

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Osborne seeks sweet spot between budget pain and electoral gain 27 Nov 2014

LONDON - Chancellor George Osborne will try next week to convince voters only he can be trusted to run the economy, delivering an uncompromising fiscal plan in a budget update six months before the general election.

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First BoE hike pushed to Q3 2015 - Reuters poll 27 Nov 2014

- The first hike in British interest rates will now come in the third quarter of next year, six months later than previously thought, owing to low inflation, sluggish pay growth and a weak euro zone economy, a Reuters poll found.

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Insurers and fund firms battle it out for pensioners' cash 26 Nov 2014

LONDON - Billions of pounds in savings that retiring British workers would have swapped for an income for life are up for grabs after recent rule changes - and fund managers are battling insurers for a slice of it.

Don't mess with 'free' banking, Lloyds boss says 26 Nov 2014

LONDON - Free banking services in Britain for customers who are in credit should remain and authorities should not impose charges as part of attempts to shake up the market, the boss of Lloyds said on Wednesday.

British banks' rotten culture will take generation to fix - think tank 26 Nov 2014

LONDON - A "toxic culture" that has cost British banks 38.5 billion pounds in fines and compensation over the past 15 years will take a generation to fix, an independent think tank said on Tuesday.

Bank of England's Haldane says rates might stick at 3 percent 26 Nov 2014

LONDON - Official interest rates in Britain might end up sticking at 3 percent after they start to rise, below their level before the global financial crisis, the Bank of England's chief economist Andrew Haldane said in an interview published on Wednesday.

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Special Report: UK banks say 'smart' clients don't deserve compensation 25 Nov 2014

LONDON - Scott Wotherspoon runs a small tiling firm in Scotland. In 2008, when he bought a shopfitting company, he asked his accountants to check its books. There was no problem with the shopfitter. But Wotherspoon was about to run into trouble with his bank.

UK inflation expectations weakest in more than five years 25 Nov 2014

LONDON - Expectations in Britain for inflation in the year ahead have fallen to their lowest level in more than five years, a survey showed on Tuesday.

Hedge fund Cheyne Capital launches fund to boost British social housing

LONDON - Cheyne Capital has joined forces with investors to launch a fund that will invest in British property for disadvantaged groups, the $6 billion London-based hedge fund firm said on Thursday.

L&G wins 2.5 billion pound defined benefit pension deal

LONDON - Insurer Legal & General has won a contract to take on 2.5 billion pounds ($3.95 billion) of risk from TRW Automotive's pension scheme and insure over 22,000 of its pensioners, as firms seek to offload costly pension liabilities.

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