UK House Prices Drop In July: Rightmove

UK Retail Sales Rebound As Warm Weather Boosts Spending

UK retail sales recovered in June as warm weather boosted consumer spending but consumer sentiment weakened amid fears of possible tax rate hikes, data showed Friday. Retail sales grew 0.9 percent on a monthly basis, in contrast to the revised 2.8 percent drop in May, the Office for National Statistics reported. However, this was weaker than economists' forecast of 1.2 percent gain.

RTTNews | 3 hari yang lalu

UK Private Sector Growth Moderates On Services Activity

UK private sector output continued to grow in July but the pace of expansion moderated as services activity lost momentum, flash survey results from S&P Global revealed on Thursday. The composite output index slid to 51.0 in July from 52.0 in June. The reading was also above the forecast of 51.9.

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UK Budget Deficit Exceeds Estimate In June

The UK budget deficit widened more than estimated in June on higher debt servicing costs, which has added pressure on Chancellor Rachel Reeves to raise taxes at the autumn budget. Public sector net borrowing rose by GBP 6.6 billion from the previous year to GBP 20.7 billion in June, the Office for National Statistics reported Tuesday.

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UK Consumer Sentiment Remains Downbeat: S&P Global

British households remained pessimistic about economic conditions and their financial wellbeing in July, survey data from S&P Global showed on Monday. The S&P Global consumer sentiment index rose slightly to 45.1 in July from 45.0 in June. However, the score below 50 signals deterioration.

RTTNews | 7 hari yang lalu

UK Unemployment Rate Rises; Wage Growth Slows

The U.K. jobless rate rose unexpectedly to a near four-year high and wage growth softened in the three months to May, suggesting that the labor market is cooling. Data from the Office for National Statistics showed that the unemployment rate edged up to 4.7 percent in the three months to May, marking the highest rate since June 2021. The rate was forecast to remain unchanged at 4.6 percent.

RTTNews | 11 hari yang lalu

UK Inflation Unexpectedly Accelerates To Strongest Since Early 2024

UK consumer price inflation accelerated unexpectedly in June to the strongest level since January 2024 largely due to higher transport and food costs but the Bank of England is expected to loosen its policy further, given mounting concerns over economic conditions. The consumer price index advanced 3.6 percent year-on-year in June, faster than the 3.4 percent rise in May.

RTTNews | 12 hari yang lalu

UK Economy Contracts For Second Straight Month

The UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in meeting her self-imposed borrowing rules. Gross domestic product fell unexpectedly by 0.1 percent in May, following a 0.3 percent drop in April, data from the Office for National Statistics revealed on Friday.

RTTNews | 17 hari yang lalu

UK House Prices Remain Flat In June: Halifax

UK house prices remained flat in June after falling last month as more first-time buyers returned to the market, data from the mortgage lender Halifax showed on Monday. House prices stagnated on a monthly basis, reversing May's 0.3 percent decrease. Prices were forecast to fall 0.1 percent. At the same time, annual growth in house prices softened to 2.5 percent from 2.6 percent in the preceding

RTTNews | 22 hari yang lalu

EURUSD	1.15767	GBPUSD	1.33548	AUDUSD	0.65151
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UK House Prices Drop In July: Rightmove