BANK OF ENGLAND

Markit PMI data for May shows construction sector output rising at fastest pace for two years.

State-owned RBS boasts of lending growth to consumers and SMEs following Bank of England's Funding for Lending Scheme.

Bank of England's Funding for Lending Scheme data shows first quarter decline despite banks raking in available cash.

Bank of England data shows fall in SME business lending despite support from credit easing schemes such as FLS.

Nationwide's house price index shows government credit easing schemes - such as Help to Buy - is boosting demand and prices

BDRC Continental's SME Finance Monitor shows almost two thirds of SMEs unaware of Funding for Lending Scheme.

OECD says UK Chancellor's public spending cuts programme is "appropriate" despite waning economic outlook.

RBS-owned Lombard research says a third of UK companies are turning down orders rather than investing in new equipment

UK Business secretary tells IBTimes UK that Britain's biggest banks are lying and challenger banks will boost lending

Pay awards in three months to April decline as inflation continues to oupace wage growth - XpertHR.

IMF concludes UK visit by warning George Osborne: 'Slow growth could permanently damage medium-term growth prospects.'

Housing market activity, manufacturing output and employment intentions have improved, according to the agents.

ONS data shows deficit falling faster than forecast by Office for Budget Responsibility.

Bank of England's top policy makers stay away from raising asset purchase programme citing inflation concerns.

April's CPI inflation reading drops to 2.4% from March's 2.8%, reports ONS.

India and China have signed eight agreements on the second day of Premier Li Keqiang's visit.

European markets follow the Asian peers and rise in early trades.

Rightmove data shows asking price for property outside capital rises just 2.1% to £249,841.

Amit Kara, UBS European economist, tells IBTimes UK about BoE's future under Mark Carney.

British Bankers' Association's executive director says that Carney should buy "real economy assets," such as securitised SME loans.

UBS economist Amit Kara tells ACCA debate that Mark Carney's Bank of England will get off to bad start in July.