Becket Economics
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'House prices rise as supply slows'

'House prices rise as supply slows' | Becket Economics | Scoop.it
A shortage of homes coming onto the market will lead to house price rises for years, say surveyors, as the Halifax reports annual price growth of 8.5%.
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UK trade deficit narrows in February

UK trade deficit narrows in February | Becket Economics | Scoop.it
The UK's goods trade deficit with the rest of the world narrowed in February by more than expected, helped by a fall in imports, official data shows.
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UK inflation rate hits four-year low

UK inflation rate hits four-year low | Becket Economics | Scoop.it
The UK's inflation rate fell to a fresh four-year low in February, driven by a drop in the price of petrol.
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Savers and pensioners' Budget boost

Savers and pensioners' Budget boost | Becket Economics | Scoop.it
Chancellor George Osborne makes tax-free Isas more "generous" for savers and unveils measures to help pensioners boost their income.
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Bank of England shake-up unveiled

Bank of England shake-up unveiled | Becket Economics | Scoop.it
The Bank of England is to have two new deputy governors - Ben Broadbent for monetary policy and Nemat Shafik in charge of markets and banking.
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UK inflation fell to 1.9% last month

UK inflation fell to 1.9% last month | Becket Economics | Scoop.it
The UK's inflation rate falls to 1.9% in January, the first time in more than four years that it has gone below the Bank of England's 2% target.
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Eurozone GDP growth gathers speed

Eurozone GDP growth gathers speed | Becket Economics | Scoop.it
The eurozone's economy grew by 0.3% in the final three months of 2013, up from 0.1% growth in the previous quarter.
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UK household debt hits record high

UK household debt hits record high | Becket Economics | Scoop.it
Total household debt in the UK has reached a record level, according to figures from the Bank of England.
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Consumer spending drives UK economy

Consumer spending drives UK economy | Becket Economics | Scoop.it
Economic growth in the UK was driven by consumer spending in the third quarter of the year, official figures show, and business investment also rose.
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UK unemployment rate drops to 7.7%

UK unemployment rate drops to 7.7% | Becket Economics | Scoop.it
The rate of unemployment, which is closely watched by the Bank of England, drops to 7.7% between May and July.
Abdullah Travadi's insight:

Unemployment figures will be up and down all the time. They depend very much on the state of the economy which as Mr.Jones says is unpredictable and always changing...

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Investment Declines As China's Economy Continues To Falter - Forbes

Investment Declines As China's Economy Continues To Falter - Forbes | Becket Economics | Scoop.it
Investment Declines As China's Economy Continues To Falter
Forbes
In December, 67% of investors expected stronger growth in the world's second largest economy.
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IMF: UK to lead G7 growth in 2014

IMF: UK to lead G7 growth in 2014 | Becket Economics | Scoop.it
The International Monetary Fund (IMF) says the UK economy will grow by 2.9% in 2014, while global growth will be 3.6%.
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Retail sales rise 1.7% in February

Retail sales rise 1.7% in February | Becket Economics | Scoop.it
UK retail sales rose by more than expected in February, official figures have shown, bouncing back from January's post-Christmas slump.
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Treasury to sell more Lloyds shares

Treasury to sell more Lloyds shares | Becket Economics | Scoop.it
The government announces plans to return more of Lloyds Banking Group to the private sector, with the sale of a 7.5% stake to investors.
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UK unemployment falls by 63,000

UK unemployment falls by 63,000 | Becket Economics | Scoop.it
UK unemployment fell by 63,000 to 2.33 million in the three months to January, with the jobless rate at 7.2%.
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UK manufacturing rises in February

UK manufacturing rises in February | Becket Economics | Scoop.it
UK manufacturing grew faster than expected in February, with employment in the sector expanding at its fastest pace in almost three years.
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Carney adjusts interest rates policy

Carney adjusts interest rates policy | Becket Economics | Scoop.it
Bank of England governor Mark Carney overhauls the Bank's interest rate policy to reflect falling unemployment and the economic recovery.
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UK economic growth best since 2007

UK economic growth best since 2007 | Becket Economics | Scoop.it
The UK economy grew 0.7% in the final quarter of 2013 and by 1.9% for the year, the Office for National Statistics says, led by the services sector.
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Housing demand 'higher than supply'

Housing demand 'higher than supply' | Becket Economics | Scoop.it
House prices have risen again as interest from buyers outstripped the number of properties coming onto the market, according to a report.
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UK economy turning corner - Osborne

UK economy turning corner - Osborne | Becket Economics | Scoop.it
The UK economy is showing "tentative" signs of recovery, Chancellor George Osborne says during a speech in London.
Abdullah Travadi's insight:

This speech by the Chancellor George Osbourne reiterates the fact that the economy is getting better from the dire position it found itself in. There has been a 0.7% growth in the economy in the second quarter. Analysts are predicting a 1% growth in the economy by the end of the third quarter. This happening in the economy along with the unemployment rates falling bodes well for the future but nothing is set in concrete as even the Chancellor isn't getting to excited and still says it's still the 'early stages' and 'plenty of risks' still remain.

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EXCLUSIVE: Bank of England Governor: 'It's time to get spending'

EXCLUSIVE: Bank of England Governor: 'It's time to get spending' | Becket Economics | Scoop.it
Mark Carney, the governor of the Bank of England, has told Notts firms: it's time to get spending.
The UK economy heavyweight sought to give businesses a confidence boost as he came to Nottingham to...
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UK unemployment falls by 57,000

UK unemployment falls by 57,000 | Becket Economics | Scoop.it
UK unemployment fell by 57,000 to 2.51 million in the three months to May, the Office for National Statistics says.
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