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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 ›

Bank of England’s Carney tells investors they are too relaxed on rates

LONDON (Reuters) – Bank of England Governor Mark Carney said on Thursday investors were underestimating how much interest rates could rise, even as the British central bank kept borrowing costs on hold due to Brexit uncertainty. Sounding more hawkish than Read more ›

Bank of England to keep rates steady, despite Brexit delay

LONDON (Reuters) – The Bank of England looks set to leave interest rates on hold on Thursday and keep its options open for later in the year when it announces its first policy decision since the postponement of Britain’s departure 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 ›

Britain starts search for next Bank of England governor

LONDON (Reuters) – Britain’s finance minister Philip Hammond said on Wednesday he was starting the process of finding a replacement for Mark Carney as governor of the Bank of England. FILE PHOTO: Workers emerge from Bank underground station with the Read more ›

UK property asking prices rise, Brexit delay could spur buyers – Rightmove

An estate agent board is displayed outside a property in London, Britain July 7, 2017. REUTERS/Neil Hall LONDON (Reuters) – Asking prices for British homes rose by the most in over a year in the four weeks to April 6, Read more ›

UK house prices edge up, London falls again – Nationwide

LONDON (Reuters) – British house prices picked up only a little bit of speed this month as the approach of Brexit weighed on the housing market, data from mortgage lender Nationwide showed on Friday. FILE PHOTO: A row of houses 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 ›

BoE most likely to cut rates in a no-deal Brexit – Tenreyro

LONDON (Reuters) – The Bank of England is more likely to cut interest rates than raise them in the event of a no-deal Brexit, rate-setter Silvana Tenreyro said, the latest BoE official to back the idea of coming to the Read more ›

No-deal Brexit would take a chip off UK home values – Reuters poll

LONDON (Reuters) – Britain’s over-valued housing market will undergo a modest correction if the country leaves the European Union at the end of next month without a deal, a Reuters poll found, with London being affected to a greater degree. Read more ›