Economic News
BoE keeps rates unchanged, but Haldane joins 'hawks'
The turnout of the Monetary Policy Committee's meeting on Wednesday, which was published today, was more hawkish than expected, as the Bank of England's chief economist joined the ranks of those who were calling for an immediate hike in Bank Rate.
Trade minister quits over construction of Heathrow's third runway
Greg Hands quit as trade minister on Thursday so as to be able to more freely oppose the expansion of London Heathrow airport in a vote in the House of Commons next week.
US house prices marginally higher in April, FHFA says
House prices in the US edged higher in April led by gains in the North East and in the West.
US initial jobless claims drop to six-week low
The number of Americans filing for unemployment benefits fell to a six-week low last week, according to data from the Labor Department on Thursday.
Philly Fed manufacturing index drops more than expected in June
Manufacturing conditions in the Philadelphia region deteriorated more than expected in June, according to a survey released on Thursday.
Hammond to reassure bankers with global financial partnerships plan
Chancellor Philip Hammond aims to reassure bankers on Thursday that he will protect their interests and will unveil a new strategy for global financial partnerships post-Brexit.
Government borrowing falls to lowest since financial crisis
Public borrowing in the first two months of the financial year fell to the lowest level since 2007 as the government received more in tax revenue.
May's support for single market for goods could spark new Brexit row
Prime Minister Theresa May could risk another row with the pro-Brexit wing of the Tory party if she shows support for a proposal to keep the UK in a single market for goods post-Brexit.