Personal Finance
FX round-up: Sterling opens throttle to drive higher as UK inflation accelerates, dollar steers lower
Sterling opened the throttle Tuesday to drive higher against a raft of currencies and recoup some of its Brexit-induced weakness, this surge lamentably on the back of a shock acceleration in UK inflation that will hit consumers in the wallet.
London close: Surge in UK inflation sees sterling, FTSE lower with miners suffering
Stocks in London closed Tuesday convincingly lower as UK consumer inflation punched above 2% and market forecasts to send sterling lower amid dollar weakness, which served to undermine the Footsie and miners in particular.
Britons keen to maintain free trade but limit freedom of movement after Brexit
New research suggests the electorate’s view on Britain’s exit from the European Union has changed little since the vote nine months ago - they want to have their cake and eat it.
Commodities: Crude falls ahead of API stockpiles data; more downside forecast
Crude-oil futures are down heavily Tuesday as markets look to an expected rise in American Petroleum Institute's weekly stockpile figures out later tonight, with traders taking a view that the black liquid's price may yet fall further.
Manufacturers' order books bulge in March as pound weakens, CBI says
Manufacturers' export order books were at their strongest in three years in March amid expectations for growth riding at two-year highs and still elevated cost pressures, one of the country's leading business lobbies said.
UK house prices rise 6.2% in year to Jan vs 5.7% in Dec
Average house prices in the UK have increased by 6. 2% in the year to January 2017, up from 5. 7% in the year to December, continuing the strong growth seen since the end of 2013, the Office for National Statistics said on Tuesday.
UK inflation surge adds to BoE rate hike pressure
Inflation in February crashed up though the Bank of England's 2% target for the first time in over three years, increasing the pressure on officials to hike interest rates this year.
UK public sector net borrowing lowest in 10 years
Data released by the Office for National Statistics on Tuesday revealed that the government borrowed the lowest amount in 10 years in February.