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Brexit delay gives some relief to UK housing market – RICS

FILE PHOTO: A Union flag hangs across a street of houses in London, Britain June 3, 2015. REUTERS/Suzanne Plunkett LONDON (Reuters) – Britain’s Brexit-battered housing market steadied in May and a measure of prices improved as the delay in the Read more ›

Britons tighten belts as lending growth nears five-year low – Bank of England

FILE PHOTO: A pedestrian shelters under a Union Flag umbrella in front of the Bank of England, in London, Britain August 16, 2018. REUTERS/ Hannah McKay/File Photo LONDON, Reuters – Lending to British consumers grew in April at the weakest Read more ›

Britons feel a boost in their finances from rising wages – survey

FILE PHOTO – Office workers are seen in the London Place business district near Tower Bridge in central London February 9, 2011. REUTERS/Toby Melville/File Photo LONDON (Reuters) – British households reported the strongest growth in at least a decade in Read more ›

China’s services activity quickens in March: official PMI

FILE PHOTO – A waiter prepares a table for service at Haidilao’s new artificial intelligence hotpot restaurant in Beijing, China, November 14, 2018. REUTERS/Jason Lee/File Photo BEIJING (Reuters) – Growth in China’s services industry quickened in March, an official survey Read more ›

British banks approve fewer mortgages in February as Brexit nears – UK Finance

FILE PHOTO: Property sale signs are seen outside of a group of newly built houses in west London, Britain, November 23, 2017. REUTERS/Toby Melville/File Photo LONDON (Reuters) – British banks approved fewer mortgages in February than during January, industry data Read more ›

UK inflation up, London house prices fall by most since 2009

LONDON (Reuters) – Britain’s main inflation rate ticked up last month but stayed close to January’s two-year low, helping consumers maintain their spending power as wage growth also picked up, even though the timing of Brexit remained uncertain. FILE PHOTO Read more ›

UK borrowers, defying Brexit nerves, regain appetite for credit

LONDON – British households took out more mortgages and increased their borrowing in January, adding to signs that consumers are less worried about Brexit than many businesses, Bank of England data showed. FILE PHOTO: A Union Jack themed Visa credit Read more ›

China’s Xi: financial sector must serve the real economy

FILE PHOTO: Chinese President Xi Jinping speaks during an event to commemorate the 40th anniversary of the “Message to Compatriots in Taiwan” at the Great Hall of the People in Beijing, China January 2, 2019. REUTERS/Mark Schiefelbein/Pool BEIJING (Reuters) – Read more ›

UK consumer morale stuck at lowest since 2013 as Brexit nears

LONDON (Reuters) – British consumers remained their gloomiest in five-and-a-half years this month as a small improvement in their personal finances offset growing concern about the outlook for the next 12 months, when Britain is due to leave the European Read more ›

UK mortgage lending slows in December – UK Finance

FILE PHOTO – Property sale signs are seen outside of a group of newly built houses in west London, Britain, November 23, 2017. REUTERS/Toby Melville/File Photo LONDON (Reuters) – British banks approved fewer mortgages last month than in November and Read more ›