LONDON British lenders approved the fewest mortgages in nearly two years last month as the housing market continued to slow after June's vote to leave the European Union, raising the chance of an outright fall in prices next year.
LONDON Investors following the stock market maxim "Sell in May and go away" will be ruing that decision this year, after emerging market, Japanese and euro zone equities emerged as the biggest winners in the third quarter.
LONDON Bank of England Deputy Governor Minouche Shafik played down the likelihood of a further cut in interest rates this year as the British central bank grapples with how aggressively to respond to a slowdown following June's Brexit vote.
LONDON British consumer morale recovered slightly in September, but fears over job security when Brexit talks begin next year could yet dampen confidence, a survey published on Wednesday found.
LONDON Standard Life Investments, the fund arm of insurer Standard Life , said on Monday it planned to reopen its UK Real Estate Fund at midday on Oct. 17, after asset sales helped bolster the fund's liquidity amid a broader market recovery.
LONDON Britain's housing market showed signs of slowing in August with the number of mortgages approved by banks falling to its lowest level since January 2015 and analysts said they expected further weakness ahead as Brexit uncertainty dampens demand next year.
LONDON Bank of England policymaker Kristin Forbes said she did not see a case for a further interest rate cut to help Britain's economy after June's vote to leave the European Union, putting her at odds with the majority of her fellow rate-setters.
LONDON British households' expectations about their personal finances held steady in September, a survey showed on Wednesday, another sign that consumers so far have been largely unperturbed by the country's vote to leave the European Union.
LONDON European pay-TV group Sky may have violated consumer rules by making it too difficult for customers to cancel or switch providers, Britain's communications regulator said on Tuesday, potentially putting the broadcaster in line for a major fine.
Five big property services firms are dropping Brexit uncertainty clauses from their valuation reports for most UK assets as market conditions steady after a sharp drop immediately after Britain's vote in June to leave the EU.
LONDON Britain's commercial property market remains robust in the wake of a vote to leave the European Union, although a weaker economic outlook may see some prices dip over the next two years, ratings agency Moody's said.
LONDON Stocks and bonds are moving in lock-step more than at any time since the financial crisis, making life difficult for asset allocators and driving investors into the one asset guaranteed to bring zero return - cash.
LONDON CFO Lending will provide 34.8 million pounds in compensation to 97,000 clients after the Financial Conduct Authority discovered the British payday lender was treating them unfairly, the watchdog said on Monday.