Economic News
Brexit to diffuse London house price boom
UK inflation will outstrip gains in house prices this year and next, particularly in London, as Brexit confusion looms and low consumer spending power scuppers demand, a Reuters poll found on Friday.
Property industry collaborates to 'improve home-buying process'
Property industry organisations including the Land Registry, the Building Societies Association and online estate agency Rightmove have launched a collaboration aimed at finding new ways to improve the home-buying process and make the experience easier for consumers.
Trump announces 'largest-ever' set of sanctions on North Korea
The White House announced a brand new set of sanctions in its efforts to strip North Korea of its access to smuggling routes used by the regime to evade a United Nations embargo and fund its nuclear weapons programme.
Chancellor likely to confirm new taxes for digital giants
HM Treasury is considering imposing an extra tax on tech giants like Amazon, Facebook, Google's Alphabet and Apple on their revenues rather than their profits because they are not so easy to shift from one jurisdiction to another.
BoE's Ramsden sounds positive, but cautious, note on productivity outlook
Productivity growth picked up in the back half of last year, yet whether that improvement will stick remains to be seen, although it's not all bad news in terms of the outlook for further improvement, a top Bank of England official argued.
Eurozone inflation slows as expected in January
Inflation in the eurozone fell to 1. 3% year-on-year in January from 1. 4% in December, in line with consensus and the initial estimate and moving further away from the European Central Bank's target of just under 2%, according to a final release from Eurostat on Friday.