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UK borrowing hits record monthly high of 20bn

UK public borrowing hit an all-time high of ?20.3bn for a single month in
November, official figures showed.
Read More UK borrowing hits record monthly high of ?20bn
Related PostUK public borrowing doubles to June record of ?13bnGold Hits Record High Pushing South African Rand UpCanadian Dollar Hits Record High on Economic OutlookNew Zealand Dollar [...]

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UK car production rises for first time in over a year

Car production in the UK has risen for the first time in more than a year,
boosting hopes that the UK will emerge from recession in the final quarter
of 2009.
Read More UK car production rises for first time in over a year
Related PostUK manufacturing grows for first time in 16 monthsUK [...]

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UK mortgage lending drops 10pc

Mortgage lending fell by 10pc during November as the market suffered its
traditional seasonal slowdown, figures from the Council of Mortgage Lenders
showed.
Read More UK mortgage lending drops 10pc
Related PostUK Oct CML Gross Mortgage Lending increase to ?135B from ?129BUK mortgage approvals at 15 month highUK borrowing hits record monthly high … [...]

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EUR GBP Offers Scalping Opportunity as Europe and UK Credit Concerns Offset

The Euro continues to be weighed by concerns over Greece’s debt downgrade and the implications for the region’s financial system. The sterling hasn’t been a standout itself with the U.K.’s budget deficit reaching the highest levels since record keeping began in 1993, creating its own credit rating concerns. The concurrent bearish sentiment has left the [...]

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Rising UK Budget Deficit Threatens AAA Credit Rating

The U.K. budget deficit jumped to 20.3 billion pounds in November, the largest since records began in 1993. Although nearly double the 10.2 billion pounds the month prior, the total net public borrowing missed estimates of 23.0 billion pounds.
Read More Rising UK Budget Deficit Threatens AAA Credit Rating
Related PostSdanP reserves judgment on UK credit [...]

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UK trade deficit widens as imports climb

Britain’s goods trade deficit with the rest of the world widened unexpectedly
in October to its biggest since January as imports rose more than exports
despite the weakness of the pound, official data showed on Wednesday.
Read More UK trade deficit widens as imports climb
Related PostUS Trade Deficit Widens More Than Expected … [...]

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