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Britons Resort to More Credit to Maintain Living Standards
Consumer credit grew 3.5% year-on-year in July, fastest since December 2008.
UK House Prices Rising at 'Fairly Brisk Pace' as Bubble Threat Looms
Nationwide House Price Index lifts 3.5% on year during August as demand still outstrips supply.
Upbeat US GDP Data Brings Fed Reserve's Feared QE Tapering Closer
Department of Commerce's Bureau of Economic Analysis revises up Q2 GDP growth to 2.5%.
Mortgage Approvals Leap 31% Across Year - BBA
British Bankers Assocation says mortgage approvals lifting off back of government credit easing schemes
European Markets Mixed Despite Improving US, Europe and China Manufacturing Data
Markets participants to track the second estimate for second quarter UK GDP today.
Most European Markets Open Higher Ahead of Fed Reserve Minutes
Markets await clues from the US Federal Reserve on the future pace of its QE stimulus
Help to Buy Scheme Lifts Persimmon Profits by 38%
Persimmon benefited from improved availability of mortgages and lower mortgage interest rates due to government schemes.
SEC Investigates JPMorgan For 'Corrupt' Hiring Practices in China
Legal woes mount for JPM as it faces several lawsuits including energy market manipulation
Bovis Homes Profit Rockets on Higher UK House Prices
Help to Buy and Funding for Lending lift house prices, leading Bovis to 50% profit growth in housing.
UK Government Schemes Easing Consumer Credit Crunch
Markit's Household Finance Index for August shows stabilisation of cash availability for hard-pressed Britons as economy recovers
UK on House Price Bubble Cusp as Demand Outstrips Supply
Housing market recovery continues in August with home asking prices up 5.5% year-on-year.
RBS Privatisation: Bidder Warns Sale of 315 Branches Could be Delayed
W&G Investments says sale could be delayed beyond two-year time frame.
Funding For Lending Scheme Makes Mortgages Most Affordable in 14 Years
Bank of England launched FLS in 2012 to help banks to provide loans at lower interest rates.
China Cuts Red Tape To Revive Economy
Government to cut fees for 20 different services at 14 departments, effective 1 October.
UK House Prices Rise at Fastest Pace in Six Years on Boosted Demand
FLS and Help to Buy boosts buyer demand, raises Rics house price balance to highest since November 2006
Average Flat Price in England and Wales Hits £250,000
Land Registry data analysed by property investment firm London Central Portfolio.
Chilly con Carney: US Markets Give BoE Governor the Cold Shoulder
Daniel Stewart’s chief economist says US equity market reaction to Carney’s forward guidance range from mixed to unfavourable.
UK House Prices Rocket Near Premier League Grounds
The prices of houses near top-flight football clubs rose at double the national rate.
RBS Sells Portion of India Assets to Local Bank
Sale comes after RBS deal with HSBC fell through in November last year.
UK Housing Crisis: Help to Buy is Little More Than a Rain Dance
We need to spend billions on building a new wave of social housing, or risk a huge crisis, argues Shane Croucher.
UK Construction Sector Declines Two Months in a Row
Output rise stalls after strong growth in April, says ONS.
US' SEC Fines UBS $50m For CDO Securities Fraud
UBS misled investors about a risky mortgage-backed bond transaction in 2007.
Standard Chartered Eyes Two Consumer Finance Units Sale to Offset $1bn Korean Business Hit
Jaspal Bindra says bank mulling over SC Capital and SC Savings Bank sale after pre-tax profits tanked 16%
Fitch Attacks Help to Buy: Profit Boost for Banks and Builders but Few New Homes
Fitch Ratings casts doubt over effectiveness of Chancellor George Osborne's Help to Buy scheme in boosting housing supply.
British House Prices Rise At Fastest Pace Since 2010
House prices in the three months to July rose 4.6%, compared to a year ago
Britain’s ‘Bad Bank’ Pays Back £6.6bn to Taxpayers
UK Asset Resolution repaid nearly £2bn in the first six months of 2013 alone.
Europe Mixed After Australia's Central Bank Cuts Interest Rates
Australia is struggling to move away from mining-led growth, prompting the RBA to cut rates.
Mission Impossible: UK Government Efforts to Get Banks Lending to Businesses Aren’t Working
Co-founder of Platform Black says all programmes and incentives to get banks lending to SMEs are falling flat
Gold Prices Bounce Back on US Jobs Data But Post Weekly Loss
Spot gold hovered at $1,309.80 (£856.86) an ounce, dropping 1.8% during the week.
Homebuilding Lifts UK Construction Sector to Highest Output Growth Since June 2010
Markit/CIPS PMI survey for July reveals strident UK construction sector as output spikes sharply