United Kingdom


UK consumers up borrowing at slowest rate since 2014 - BoE

British consumers increased their borrowing in November at the slowest rate in more than five years, according to Bank of England data on Friday that added to signs the economy stalled late last year.

UK shop prices fall for seventh month running - BRC/Nielsen

福利网站British shop prices fell in December for the seventh month running as retailers ramped up discounts to attract shoppers in the run-up to Christmas, an industry survey showed on Friday.

UK house price growth tops 1% for first time in a year -Nationwide

British house prices rose in annual terms by more than 1% for the first time in 12 months in December, but uncertainty about Brexit is likely to weigh on the market again in 2020, mortgage lender Nationwide said on Friday.

Britain says will raise minimum wage by more than 6% in 2020

福利网站Britain's national minimum wage will rise by more than 6% next year, taking it to 8.74 pounds an hour, the government announced on Tuesday.

Britain's energy price cap saved households £1 billion in 2019 – government

Britain's cap on domestic energy prices saved customers around 1 billion pounds in 2019, but shopping around is still the best way to save money, the government said on Tuesday.

UK mortgage approvals hit almost three-year high in November - UK Finance

福利网站The number of mortgages approved by British banks rose in November to the highest in nearly three years, industry data showed on Monday, adding to signs of stabilisation in the housing market.

Recession, robots and rockets: another roaring 20s for world markets?

Helicopter cash, climate crises, smart cities and the space economy -- investors have all those possibilities ahead as they enter the third decade of the 21st century.

Britain set to match pre-crisis level of wages in early 2020 - report

British real wages are expected to climb early in 2020 to levels not seen since before the financial crisis over a decade ago, a think-tank forecast on Friday.

Disruptive decade: Ten things the teen years brought world markets

The 21st century's teen years, bookended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are ten trends that have upended traditional economic and investment models in the past decade:

Bank of England holds steady on rates, awaits impact of Johnson's election win

The Bank of England kept interest rates steady on Thursday, saying it was too soon to gauge how much Prime Minister Boris Johnson's election victory would lift the Brexit uncertainty that has hung over the economy.

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Property News

UK house prices to rise 2% in 2020 as Brexit uncertainty remains - RICS

British house prices are expected to rise around 2% next year, little changed from this year, as uncertainty around Brexit is likely to lift only briefly, the Royal Institution of Chartered Surveyors (RICS) said on Thursday.

Asking prices for UK houses post smallest December drop since 2006 - Rightmove

UK house price growth hits seven-month high in November - Halifax

Pensions News

Global funds maintain defensive holding pattern in December: Reuters poll

Global fund managers kept their recommendations largely steady in December, with a preference for equities turned down slightly despite a rally in world stocks, which has set the S&P 500 on course for its best year since 2013, a Reuters poll showed.

Dismal decade for emerging markets casts pall over repeated 'buy' notes

Savings & Loans News

Veteran watchdog Bailey to guide Bank of England through Brexit

Britain's new government named Andrew Bailey as the Bank of England's next boss on Friday, entrusting a veteran regulator and technocrat with steering the economy and its vast finance industry through Brexit.

Small British banks want softer rules to help them compete