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Markets generally unperturbed after UK activates Brexit talks with EU
Financial markets and assets appear generally unperturbed after Prime Minister Theresa May's well-flagged move to trigger formal Brexit talks with the European Union, apparently shaking off early-session wobbles as traders jostled for position.
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.
May to trigger Brexit Article 50 on March 29
Prime Minister Theresa May will trigger Article 50 on March 29, starting the firing gun on talks for Britain to leave the European Union within two years, a Downing Street spokesman said.
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.
London close: 'Trump effect' heaves FTSE to record closing highs as global equities surge
London, Europe and US stock markets got a hefty heave higher Wednesday on the back of US President Donald Trump's $1trn infrastructure pledge to Congress last night, with the prospect of a US rates hike in March also a factor in traders' optimism.