Economic News
US consumer confidence unexpectedly improves in July
US consumer confidence unexpectedly rose to a four-month high in July, according to the latest data from the Conference Board.
US house price growth slows in May - S&P/Case-Shiller
US house price growth eased in May, according to the S&P/Case-Shiller National Home Price Index.
Bank of England warns lenders of complacency over consumer credit
The Bank of England has warned banks and other credit providers that they may face fresh action against careless lending, in what was referred to as a "spiral of complacency" regarding creeping levels of consumer debt.
FCA proposes banks increase transparency to customers
The UK financial watchdog has launched proposals to help customers make comparisons for business and personal current accounts.
Trump doubles down on Sessions criticism as firing reports grow
US President Donald Trump fired another barrage of criticism towards his attorney general Jeff Sessions on Tuesday as reports suggest he is preparing to sack the country’s top law official.
UK govt to ban leaseholds on new build houses
The UK government on Tuesday said it would ban builders from selling new homes as leasehold and was considering cutting ground rents to zero to curb a growing national scandal that has seen new property buyers exploited.
CBI's UK industrial production survey shows mixed picture
UK industrial production in recent months increased at the fastest pace since the mid 1990s, the CBI has found, although its headline balance of total orders was lower than forecast.
Grocery price inflation eases off as Tesco growth accelerates
Supermarket prices continue to rise but are no longer accelerating, found researchers at Kantar Worldpanel, with Tesco enjoying the best of the summer but all of the 'big four' still losing market share to discounters.
German business confidence hits record high in July
German business confidence unexpectedly improved in July, according to a widely-followed survey.