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
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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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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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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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