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Manufacturing PMI declines for second consecutive month
The UK manufacturing PMI declined for a second consecutive month in March, coming in marginally higher at 48.3 compared to 47.9 the previous month, primarily as a result of lacklustre demand from both domestic and overseas markets.[2 Apr '13]
UK to escape triple-dip recession, says British Chambers of Commerce
The UK will avoid a triple dip recession as the economy is boosted by increased exports in manufacturing and service industries, according to the British Chamber of Commerce (BCC).[2 Apr '13]
Eurozone recovery lagging behind, says OECD
The Eurozone won't begin to recover until the second half of next year as the financial crisis continues to weigh heavy on the region, the Organisation for Economic Co-operation and Development (OECD) said Thursday.[28 Mar '13]
Cyprus should leave the euro, says economist
Economists have warned of the serious implications the Cyprus bailout will have on the Eurozone.[28 Mar '13]
Stability in UK consumer confidence for March encouraging, GfK says
Consultancy GfK's gauge of UK consumer confidence remained steady at -26 points for March.[28 Mar '13]
UK house prices move into positive territory in March
The price of a typical home was unchanged between February and March, but was 0.8 per cent higher than March 2012, data published in the Nationwide House Price Index has shown.[28 Mar '13]
UK GDP falls as tight credit weighs on consumption -UPDATE
UK gross domestic product (GDP) dropped in the last quarter as industrial production and exports shrank, data showed Wednesday.[27 Mar '13]
Bank of England identifies capital shortfall in UK banks
The Bank of England's Financial Policy Committee (FPC) has identified a 25 billion pound capital shortfall in UK financial institutions.[27 Mar '13]
David Miliband leaves UK politics for US charity
David Miliband, brother of Labour leader Ed Miliband, is stepping down as an MP to run New York charity, the International Rescue Committee (IRC).[27 Mar '13]
Retail sales were weaker than expected in March, CBI says
The Confederation of British Industry's so-called 'diffusion index' for total retail sales fell to zero during the month of March.[26 Mar '13]
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