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UK Economy Stalls in October, Sees Weak Start to Final Quarter 

  • Written by James Skinner

The UK economy stalled in October during what was a weak start to the final quarter that could now mean its all but certain that growth for the 2019 year overall will be less than an already-downbeat consensus expects.  

Read more: UK Economy Stalls in October, Sees Weak Start to Final Quarter 

House Price Rebound Tipped to Stall on Hung Parliament

  • Written by Gary Howes

House prices Halifax

According to Halifax, house prices are now up by £3,904 since the start of the year as buyers and sellers are responding to factors such as improved mortgage affordability and the limited supply of available properties. However, 2020 growth is likely to rest on the outcome of the December 12 election.

Read more: House Price Rebound Tipped to Stall on Hung Parliament

UK Construction Firms Struggled Again in November as Political Uncertainty Takes Toll

  • Written by James Skinner

The UK construction industry remained mired in a downturn in November, according to the latest IHS Markit PMI survey, with uncertainty over the December election outcome leading to inertia in client boardrooms that's hit overall activity in the sector.

Read more: UK Construction Firms Struggled Again in November as Political Uncertainty Takes Toll

Services PMI Still Underestimating UK Growth Even after Upward Revision

  • Written by James Skinner

The UK services industry fared less poorly than was initially feared, according to the IHS Markit final PMI survey released on Wednesday although economists say the influential baromter is still underestimating the likely pace of expansion in the fourth quarter. 

Read more: Services PMI Still Underestimating UK Growth Even after Upward Revision

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