Economy
UK consumer stumbles in May as surveys show spending squeezed
LONDON British shoppers kept a tighter grip on their credit cards last month as they felt growing pressure from rising inflation, new figures showed just two days before they vote on whether to keep Prime Minister Theresa May in power.
Election jitters and consumer squeeze hit UK services
LONDON Britain's services sector grew less than expected and car sales dropped last month, as businesses and consumers put off big decisions before this week's national election, dampening expectations of a strong rebound from a weak first quarter.
UK new car sales fall 8.5 percent in May ahead of election
LONDON British new car registrations fell 8.5 percent last month, an industry body said on Monday, blaming the decline on the run-up to this week's national election and the effect of an April tax hike which boosted demand earlier in the year.
UK manufacturers see brighter outlook as world economy grows
LONDON British factory output is on track for its fastest growth since 2014 this year as a stronger world economy offsets uncertainty about future exports to the European Union, but the outlook for 2018 is darker, an industry trade body said on Monday.
UK construction expands at fastest rate since 2015 - Markit PMI
LONDON British construction activity grew at its fastest rate since the end of 2015 last month, as a pick-up in housebuilding helped builders shake off a lacklustre start to the year, a survey showed on Friday.
UK manufacturing keeps up momentum in May as hiring rises - PMI
LONDON, June 1 British manufacturing chalked up its second-fastest growth in nearly three years last month, putting the sector on track to shrug off election and Brexit-related uncertainty and improve on a weak first-quarter performance, a survey showed on Thursday.
UK house prices fall for three months in a row, first time since 2009 - Nationwide
LONDON British house prices fell for a third consecutive month in May for the first time since 2009, according to a survey on Thursday that underlines the housing market's slowdown since last year's Brexit vote.
UK mortgage approvals slide to seven-month low as housing market softens
LONDON, May 31 The number of mortgages approved by British lenders slid to a seven-month low in April, adding to evidence that the housing market is slowing, Bank of England data showed on Wednesday.
UK consumer confidence edges up to four-month high in May - GfK
LONDON British consumer confidence edged up to a four-month high in May but households stayed downbeat about the economic outlook, with inflation since last year's Brexit vote feeding into prices in stores, two surveys showed.
UK parties not giving full picture on likely tax rises - IFS
LONDON Britain's two main political parties are not giving the public the full picture about how much taxes will need to rise in order to support public services after next month's election, a leading think tank said on Friday.
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