Breaking Economic News
FX round-up: Sterling sold lower ahead of Article 50 as S.Africa's rand dives
Sterling had a torrid time on key crosses Tuesday as a pall of pre-Brexit nerves again weighed on sentiment, although the British unit's downcast performance was well and truly outpaced by hefty falls in South Africa's already besieged rand.
UK house prices rise 6.2% in year to Jan vs 5.7% in Dec
Average house prices in the UK have increased by 6. 2% in the year to January 2017, up from 5. 7% in the year to December, continuing the strong growth seen since the end of 2013, the Office for National Statistics said on Tuesday.
Wily punters bet strong odds for a UK general election in 2017
Wily punters are already betting very strong odds that Prime Minister Theresa May will call a general election this year rather than in 2020 as planned, and just as the country faces a potential Brexit-induced fragmentation led by Scotland and Northern Ireland.
UK unemployment rate improves but wage growth slows further
Unemployment levels in the UK fell to the lowest rate since the summer of 1975, but wage growth continued to slow and reinforce the sharp squeeze on consumers coming from rising inflation.