Pound Sterling is seen struggling at the start of the week with the release of manufacturing PMI for June offering no discernible boost, despite it comfortably beating analyst expectations.
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Bumper exports have helped shrinked the UK's current account deficit in the first quarter of 2018 the ONS reports.
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UK retail sales have risen during the second-quarter and are forecast by companies operating in the sector to expand by a decent clip throughout the rest of 2018, according to the Bank of England (…
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UK retail sales growth rose to its fastest level this year during June, according to Confederation of British Industry (CBI) data, suggesting the UK economy may be regaining some of the momentum lo…
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The latest set of Nationwide house prices showed a rise in residential property prices to the tune of 0.5% on a month-on-month basis in June, beating the consensus forecast for 0.3%.
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The newest member of the Bank of England's Monetary Policy Committee has given a strong hint he might be inclined to raise interest rates before the year is out, at least if the contents of a speec…
Read more … →The Bank of England's desire to continue raising rates has baffled some economists who say it is picking and choosing data to suit a preset agenda.
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