Bank of England policymaker Gertjan Vlieghe said on Tuesday the central bank could need to add more stimulus as risks to the economy had grown in response to rising COVID cases, and voiced some cautious support for negative interest rates.
福利网站A surge in Britain's housing market pushed up asking prices for homes this month by the most in more than four years, with buyers ready to pay a premium for larger properties after their lockdown experience this year, a survey showed on Monday.
福利网站Britain should do more to help the unemployed find work, and fixing the huge hole in its public finances can wait until a recovery from the COVID-19 pandemic is well under way, the Organisation for Economic Co-operation and Development said.
Like thousands of employers in Britain, Alison Griffin fears she could soon have to lay off more staff at her huge events venue when the government ends its flagship coronavirus job support programme in three weeks.
Britain's unemployment rate rose by more than expected in the three months to August, before the end of the government's broad coronavirus job-protection plan and the imposition of new restrictions to slow the pandemic.
福利网站The Bank of England asked banks on Monday how ready they are for zero or negative interest rates, following up its announcement last month that it was considering how to take rates below zero if necessary.
福利网站A post-lockdown boom in Britain's housing market pushed a gauge of house prices to an 18-year high last month but the outlook is darkening fast ahead of an expected jump in unemployment, a survey showed on Thursday.
Britain's labour market perked up in September after a torrid few months but the outlook is worrying as the COVID-19 pandemic intensifies again and the government prepares to close its job subsidy scheme, a survey showed on Thursday.
British house prices rose last month at the fastest annual pace since June 2016 in the latest sign of a post-coronavirus lockdown surge in the housing market, data from mortgage lender Halifax showed on Wednesday.
Canada Life reopened its suspended 341 million pound UK property fund on Thursday and Savills Investment Management said it had partly reopened two funds, as the sector shows further signs of life after a six-month freeze.
British mortgage approvals hit their highest in almost 13 years in August, underscoring the scale of the post-lockdown bounce-back in the housing market, but consumers turned more cautious about day-to-day borrowing, Bank of England data showed.