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Permanent job growth slows again in July

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LONDON - The number of people placed in permanent jobs in Britain fell for the second straight month in July, as the summer lull was compounded by economic uncertainty and the distraction of the London Olympics, a survey showed on Wednesday.

Retail sales growth slows in July

LONDON - Retail sales growth slowed in July as a sunny spell towards the end of the month failed to make up for weeks of rain which depressed sales of summer clothes and other seasonal products, the British Retail Consortium said on Tuesday.

07 Aug 2012

House prices fall 0.6 percent in July - Halifax

LONDON - House prices fell by 0.6 percent in July, mortgage lender Halifax said on Monday, a marginally bigger fall than economists had forecast but one that leaves the pattern of broadly stable prices intact.

Market Analysis, 06 Aug 2012

Car sales rise by 9.3 percent in July

LONDON - Car sales showed their strongest annual increase in two years, rising by 9.3 percent to 143,884 vehicles, the Society of Motor Manufacturers and Traders said on Monday.

06 Aug 2012

Insolvencies in England and Wales fall

LONDON - The number of company and household insolvencies in England and Wales fell sharply in the second quarter, data from the Insolvency Service showed on Friday.

03 Aug 2012

BoE leaves policy on hold as economy worsens

LONDON - The Bank of England left its monetary policy unchanged on Thursday, judging that its July decision to expand purchases of government bonds is enough stimulus for now despite the danger of a prolonged slump.

02 Aug 2012

Inflation expectations unchanged in July

LONDON - Britons' inflation expectations for the year ahead were unchanged in July at 2.4 percent, a monthly survey by polling company YouGov showed on Thursday.

02 Aug 2012

House prices suffer biggest drop since 2009

LONDON - House prices fell at their fastest annual pace in nearly three years last month, data from mortgage lender Nationwide showed on Wednesday, as the effects of nine months of recession spread further across the economy.

01 Aug 2012

Consumer gloom fails to lift

LONDON - British consumers' gloomy mood failed to improve in July, despite a string of government measures aimed at boosting the economy by making it easier for businesses and households to borrow, a survey from researchers GfK NOP showed on Tuesday.

31 Jul 2012

Mortgage lending suffers biggest slump in 18 months

LONDON - Mortgage approvals and lending slumped in June, echoing broader economic weakness that month due to extra public holidays and very wet weather, Bank of England data showed on Monday.

Market Analysis, 30 Jul 2012

Spanish investor buys Facebook London HQ for 60 million pounds

LONDON - Spanish property company Allegra European Holdings has exchanged contracts to buy a block containing the London headquarters of social network company Facebook for about 60 million pounds, a source close to the deal told Reuters.

Universities' pension fund eyes distressed debt spree

LONDON - Universities Superannuation Scheme, Britain's second-largest pension fund, may double its allocation to distressed debt at the expense of cash-strapped banks who can no longer afford to hold on to troubled assets.

Scheme to get credit to recession-hit economy begins

LONDON - Britain's banks can start tapping into a new government programme to provide them with cheap funding designed to get more credit to flow through the recession-hit economy, the Treasury said on Wednesday.

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