Jobless Claims in U.K up by 24,500

Wednesday, 13 July 2011 03:01

Report for Jobless Claims in the United Kingdom for July disappoint today as 24,500 people claimed for unemployment related benefits during the previous month; July’s unemployment change was even larger than June’s unemployment change of 22,500.

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Sterling tumbles after CPI of 4.2%

Tuesday, 12 July 2011 12:45

U.K released Consumer Price Indices earlier today, measuring the change in the price of goods and services purchased by consumers. The release was expected at 4.5% as May’s CPI, rather than 4.2% that was the actual report released today for June.

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GBP remains steady after manufacturing production data

Thursday, 7 July 2011 12:42

United Kingdom’s Manufacturing Production data rose in May 2011 higher than expectations and at the fastest monthly pace over more than a period of one year. National Statistics released that U.K’s manufacturing output rose to 1.8% in May, rather than 1.1% as expected.

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Halifax House Prices

Wednesday, 6 July 2011 11:10

Halifax Bank of Scotland announced its monthly House Price Index today with much higher than forecasted results. House Prices increased in June 2011, with a change of 1.2%, rather than the expected 0.1% change.

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Sterling rises verus the Dollar

Tuesday, 5 July 2011 12:22

United Kingdom Services PMI during June registered 53.9 points, a little above previoud 53.8; while analysts predicted a forecast of 53.6.

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