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UK new mortgage lending picks up to three-month high in April - UK Finance

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LONDON The number of mortgages approved for house purchase by major British banks rose to a three-month high in April but was still nearly 10 percent lower than a year earlier, industry figures showed on Friday.

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Falling investment, weak household spending drag on UK economy 11:02am BST

LONDON Falling business investment and the weakest household spending growth in more than three years marked a bad start to 2018 for Britain's economy, as official data on Friday confirmed it almost stagnated.

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UK households less confident as economy worries grow - survey 9:21am BST

LONDON British households turned less confident in May, reflecting uncertainty about the economy's prospects ahead of Brexit next year, according to a survey published on Friday.

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UK consumers return to shops after snowy start to 2018 24 May 2018

LONDON British retail sales jumped last month by the most in one-and-a-half years, official figures showed on Thursday, suggesting the economy was recovering from a snowy start to the year.

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UK pay awards hold at 2.5 percent in busiest month for wage deals - XpertHR 24 May 2018

LONDON Major British employers agreed pay rises averaging 2.5 percent last month, offering a more generous increase than in 2017 during the busiest month of the year for wage negotiations, industry data showed on Thursday.

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UK May retail sales growth rises to four-month high - CBI 23 May 2018

LONDON British retail sales growth picked up modestly earlier this month after a sluggish start to the year, figures from the Confederation of British Industry showed on Wednesday.

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Surprise fall in UK inflation muddies Bank of England rates picture 23 May 2018

LONDON British inflation fell unexpectedly in April, according to data that prompted fresh questions about when the Bank of England would next raise interest rates and pushed sterling to its lowest level against the dollar this year.

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Reuters poll: Britain's Brexit divorce skills get thumbs down - economists 23 May 2018

LONDON Britain's government has handled negotiations with the European Union over its departure from the bloc poorly, according to all economists in a Reuters poll, who did however say there was just a one-in-five chance of a disorderly Brexit.

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UK factory output slides to two-year low in May, CBI reports 22 May 2018

LONDON British factory output slid to its weakest in more than two years in the three months to May, a survey showed on Tuesday, leaving the Bank of England waiting for signals that the economy has rebounded from a slow start to the year.

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UK economy will bounce back from weak start to 2018 - Carney 23 May 2018

LONDON Bank of England Governor Mark Carney said on Tuesday he expected Britain's economy would bounce back from a weak start to the year when it was hit by heavy snowstorms, keeping the prospect of higher interest rates on the table. | Video

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