Britain’s inflation rate fell to the lowest in 4 1/2 years in March as gasoline and clothing prices pushed it further below the Bank of England’s target.
Asking prices for London homes rose to a record this month as values increased in all but one of the capital’s 32 boroughs, according to Rightmove Plc.
The U.K.’s economy and public finances will face increased risks should Scotland vote for independence, according to Fitch Ratings.
U.K. house-price growth accelerated in March and a shortage of homes for sale will put further upward pressure on values, according to the Royal Institution of Chartered Surveyors.
The size of the U.K. economy may be revised upward as officials change the way they calculate output to reflect new European Union standards.
Mark Carney picked a good time to implement sweeping changes at the Bank of England.
U.K. pay growth accelerated to the fastest pace in almost seven years at the end of the first quarter as companies reported stronger overseas demand.
Bank of England Governor Mark Carney said interest rates might begin to rise before the general election in May 2015, according to the Northern Echo newspaper.
U.K. house prices rose for a 15th month in March as values in London climbed to more than double the national average, according to Nationwide Building Society.
U.K. manufacturing grew less than economists forecast in March as export demand fell to its weakest level in 10 months.
"They want to be seen as an American company."
- Scott Hamilton on Apr 18, 2013