Founding Member of FormIGA – the global Industry for Good Alliance

UK economic output speeds up as housing and job markets grow

3 Mar 2014 12:00 AM | Anonymous

House-prices have risen again according to the latest figures, with job market growth and strong performances from manufacturing, fuelling expectations of a sooner than expected interest rate rise from the Bank of England.

House prices have risen to the highest level since 2007 while job creation entered into a 22-month high. Manufacturing has also performed strongly, growing despite poor weather and 17 inches of rain over February.

The Bank of England policy makers are due to meet this week, with analyst predicting that interest rates will still remain at 0.5 per cent.

Bank of England steers away from interest raise

Bank of England reports improving economic forecast

Powered by Wild Apricot Membership Software