Search Results for: National Statistics
The price of an average house or flat in the UK rose by £16,000 a year
July 19th, 2016
The price of an average house or flat in the UK rose by £16,000 in the year to May, according to the Office of National Statistics (ONS). The house price inflation rate remained at 8.1%, the same as in ...
Pound logs biggest quarterly drop since the financial crisis
July 1st, 2016
The British pound records its biggest quarterly drop since the financial crisis on Thursday after Bank of England Governor Mark Carney says the central bank would likely need to further ease monetary policy this summer. The British pound fell ...
Britain’s buy-to-let market showing early signs of a slump
April 13th, 2016
Interest from investors fell 27% last month compared to a year earlier Areas where rental yields are strong include Durham, Rightmove says Average monthly rent in London now stands at £2,021, findings say Since the beginning of April, a 3 per ...
UK economic growth revised higher in fourth quarter of 2015
March 31st, 2016
The UK economy expanded in line with expectations in the fourth quarter, figures released by the Office for National Statistics (ONS) on Thursday (31 March) showed. According to the ONS, in the three months to the end of December, ...
Brexit could wipe 20% off sterling: HSBC
February 25th, 2016
Separating from the European Union could trigger a 20 percent drop in sterling and shave 1.5 percentage points off the British economy, HSBC has warned. The doom-laden report released Wednesday outlined the worst-case scenario if voters were to approve a ...
Shock slump in European industry bodes ill
February 11th, 2016
Europe‘s top four economies suffered steeper drops in industrial output during December than any analyst had forecast, a grim sign for the global economy as it struggles to sustain momentum. Wednesday’s industrial output data for Britain, France and Italy ...
Spanish unemployment sees record fall
January 29th, 2016
Spanish unemployment figures have experienced their biggest annual fall but unemployment remains at over 20%. The National Statistics Institute said the number of unemployed Spaniards fell by 12.4% to 4.78 million last year, thanks to a strengthening economy. In ...
Pound dives as Bank of England rules out rate rise amid weak UK growth
January 20th, 2016
Currency traders react to Mark Carney’s downbeat assessment by selling pound to $1.42, its weakest since March 2009 The Bank of England governor has sent the pound into a nosedive after he ruled out an early rise in interest rates, saying ...
Spain and Italy receive economic recovery boost
December 29th, 2015
Spanish shops are now hiring at pre-crisis levels, while business confidence is also holding up in Italy, according to official figures. Spain’s national statistics agency said retail hiring in November grew 1.8% on last year, the fastest rate since ...
UK inflation rate rises to 0.1% in November
December 15th, 2015
The UK’s inflation rate as measured by the Consumer Prices Index rose to 0.1% in November for the first time in four months, official figures show. The rate as measured by the Consumer Prices Index rose to 0.1%, the Office ...
