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2nd UPDATE: UK Oct Net Lending Drops To GBP1.3B, Mtges Slump
Published December 1, 2008, 6:30 am, The Forex Market
(Adds further detail, updated market reaction.) LONDON (Dow Jones)--U.K. net consumer lending dropped sharply in October as mortgage lending slumped, with mortgage approvals matching an all-time low, data from the Bank of England released Monday showed.
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British manufacturing contracts at record pace - Associated Press
LONDON (AP) -- British manufacturing activity contracted at a record pace during November as new orders collapsed, a closely-watched survey found Monday, stoking expectations that the Bank of England may slash its benchmark interest rate by a full ...
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