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Brexit to crimp housing market, foreign buyers eye sterling bargains - poll


LONDON Britain's vote to leave the European Union will have a negative impact on both prices and turnover in the UK housing market, with foreign investors set to benefit most from bargains among sterling-priced assets, a Reuters poll found.


UK retailers see best sales in six months as Brexit slump fades - CBI 12:48pm BST

LONDON British retailers reported their strongest sales in six months in August, industry figures showed on Thursday, adding to signs that consumers are, for now, taking the country's vote to leave the European Union in their stride.

EU violating Greek constitution in statistics row - Greek minister 12:32pm BST

ATHENS A Greek minister accused the European Commission on Thursday of violating the country's constitution when it called on Athens to quash allegations that its former statistics agency chief had rigged data to help creditors.

Life insurer Phoenix eyes deals to bulk up post Brexit 11:43am BST

Phoenix Group Holdings, Britain's largest owner of life assurance funds closed to new customers, is scouting for acquisitions to help gain scale in a challenging, low interest rate environment after Brexit, its chief executive said.


Net migration to Britain fell slightly before EU vote 10:56am BST

LONDON Net migration to Britain fell slightly in the year to March but remained close to record levels, official data showed on Thursday, the first to be released since the June 23 vote to leave the European Union.

Brexit takes deeper toll on German business morale - Ifo economist 10:12am BST

BERLIN Britain's vote to leave the European Union weighed on German business morale in August more heavily than previously, with orders in the chemicals and auto industry particularly subdued, Ifo economist Klaus Wohlrabe told Reuters on Thursday.


British car output up in July but growth slows 9:32am BST

LONDON British car production rose in July but at a slower pace than in June, according to an industry group which urged the government to make sure the country's exit from the European Union does not hamper the sector.


Up to a sixth of Austrians will vote differently in presidency re-run, poll finds 8:49am BST

VIENNA The re-run of Austria's knife-edge presidential election could produce a significantly different result, a poll published on Thursday found, as 17 percent of respondents said they would or might switch sides in a runoff vote that includes the far right.


Brexit campaigner Farage says to address Trump rally 2:16am BST

LONDON Nigel Farage, an anti-immigration politician who was a figurehead of the successful campaign to get Britain out of the European Union, intends to address a Donald Trump rally on Wednesday, a spokesman said.


Merkel urges judicious moves by remaining EU states after Brexit vote 24 Aug 2016

TALLINN The 27 countries that will remain in the European Union after Britain leaves must listen to each other carefully and avoid rushing into policy decisions, German Chancellor Angela Merkel said on Wednesday.


Fiscal spend in richer euro countries would help periphery - ECB paper

FRANKFURT Fiscal spending in "core" euro zone countries, such as Germany, would help weaker economies in the region's periphery at a time when European Central Bank rates are stuck at zero, an ECB research paper showed on Thursday.

French Muslims fear renewed stigmatisation in burkini ban

PARIS French Muslims are concerned that decisions taken by some municipal authorities to ban the burkini could lead to further stigmatisation of Muslims, the head of a body representing Muslims in France said on Wednesday.

Africa's children to account for 40 percent of world's poorest people by 2030 - thinktank

LONDON (Thomson Reuters Foundation) - African children will account for more than 40 percent of the world's poorest people in 2030, almost double the current share, unless more is done to improve education and healthcare, a UK-based thinktank said on Thursday.

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