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16 May
S&P lifts RBS's long-term credit rating to BBB

Standard&Poor's has revised its rating on Royal Bank of Scotland's long-term debt higher, arguing that its strengthened balance sheet and improved earnings have boosted the lender's ability to navigate the uncertain political and economic landscape in the UK.

16 May
house prices rightmove housing
US housing starts beat forecasts in April, despite homebuilder skepticism

Residential construction activity in the States picked up more quickly than expected last month but remained below year-ago levels and there were signs of continued caution among homebuilders.