Chancellor George Osborne turned to the Bank of England on Wednesday to help galvanise a stagnant economy which he said would grow this year at just half the rate previously expected. Full Article
LONDON - The British government will release a half-yearly budget update and new fiscal forecasts on Dec. 3, Chancellor George Osborne said on Tuesday.
LONDON - Britons' expectations for inflation over the next 12 months edged up in August to 2.3 percent from 2.2 percent in July, a monthly poll by YouGov showed on Tuesday.
LONDON - Construction output in Britain grew at its fastest pace in seven months in August, boosting job creation but also putting strain on suppliers, industry data showed on Tuesday.
LONDON - Britain's manufacturing revival slowed sharply last month as the Ukraine crisis crimped demand from abroad, further denting hopes for a more balanced economic recovery.
LONDON - British mortgage approvals fell slightly in July, matching expectations, according to official data on Monday that pointed to some moderation in the housing market.
LONDON - Britain's main manufacturing trade association trimmed its growth forecast for 2014 on Monday after its members reported the first fall in export orders since early 2013.
LONDON - British investment managers slashed their equity holdings in August and bumped up their bets on bonds as heightened global tensions prompted a move away from risky assets, a poll showed.
LONDON - British house prices rose during August at a much faster monthly pace than expected, according to a survey on Friday that contrasted with other signs of cooling in the housing market.
LONDON - British consumer morale strengthened more than expected in August, matching June's nine-year high, as Britons became more confident about the economy and their financial prospects, a survey showed on Friday.
Chancellor George Osborne looks to the Bank of England for more help. Full analysis from the NAB trading floor with currency strategist Nick Parsons and head of market economics Tom Vosa. Video
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