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  • Borrowing Costs Fall to Lowest Level in 5 Months Tuesday, 4 Nov 2008 | 8:20 AM ET
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    The rate at which banks lend dollar funds to each other fell on Tuesday, most notably for periods of a month or longer, pushing benchmark three-month borrowing costs to their lowest in five months.

  • More 'Mayhem' for S&P 500, FTSE?   Friday, 31 Oct 2008 | 3:44 AM ET
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    The S&P 500 and FTSE 100 could plummet further if key resistance levels aren't held, Phil Roberts, technical analyst from Barclays Capital, told CNBC.

  • Is HBOS Too Big to Fail? Wednesday, 17 Sep 2008 | 6:11 AM ET
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    Shares of UK bank HBOS have been hit hard of late and are bouncing around Wednesday on speculation of a possible deal with Lloyds TSB.

  • History Points to a New Bull in London Thursday, 11 Sep 2008 | 6:16 AM ET

    If history is any guide, the FTSE may be in for a bull run as the index seems to have largely ignored the bad news over the past two months, market historian David Schwartz told "Squawk Box Europe."

  • Poll: What Should the UK Government Do? Friday, 5 Sep 2008 | 9:13 AM ET

    For any government it would be hard to ensure the re-election of its party during a time when it's faced with a falling housing market, rising food and energy prices and mounting fears of unemployment.

  • Britain's Big Waste of Money Wednesday, 3 Sep 2008 | 10:30 AM ET

    Some quirky facts from the United Kingdom's central bank.

  • UK August House Prices Have Sharpest Fall Since 2002 Monday, 18 Aug 2008 | 3:51 AM ET

    British house prices fell 4.8 percent year-on-year in August, a survey by property Web site Rightmove showed on Monday, the fastest fall since the series began six years ago.

  • Confidence in UK Housing Recovers Slightly: RICS Tuesday, 12 Aug 2008 | 8:03 AM ET
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    Confidence in the UK real-estate sector showed tentative signs of recovery in July, but the lack of mortgage liquidity is likely to cause further price declines as banks continue to protect their balance sheets, the Royal Institute of Chartered Surveyors said Tuesday. 

  • UK Inflation Is an Illusion Tuesday, 12 Aug 2008 | 6:40 AM ET

    Inflation in the UK rose 4.4 percent in July according to the latest consumer price index (CPI) data and the Bank of England's own inflation outlook released Wednesday is sure to paint a similar picture.

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    An emergency fundraising by HBOS, Britain's biggest home lender, flopped as investors took just 8.3 percent of the shares, leaving underwriters trying to sell almost 3.8 billion pounds ($7.57 billion) of stock.

  • Central Banker Says UK is Heading into Recession Monday, 21 Jul 2008 | 4:08 AM ET
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    The British economy is heading into recession and interest rates should fall to "well below" their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.

  • Barclays Shareholders Take Up 19% of Open Offer Friday, 18 Jul 2008 | 3:08 AM ET
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    Barclays' shareholders took up just 19 percent of new shares in the British bank's recently announced fundraising, meaning the bulk of the money will be provided by mostly new "anchor" investors led by Qatar.

  • UK Inflation Jumps to Series High 3.8% in June Tuesday, 15 Jul 2008 | 6:55 AM ET

    Soaring food and fuel prices pushed Britain's inflation rate to nearly double the central bank's 2 percent target in June, official data showed on Tuesday, boosting talk of interest rate hikes ahead.

  • UK Housing Sentiment Improves in June: RICS Monday, 14 Jul 2008 | 7:03 PM ET
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    The outlook for UK housing improved slightly in June, but a sharp downturn in the economy could see the foundations of the British real-estate market start to crumble, the Royal Institute of Chartered Surveyors said Tuesday.

  • Barratt Cuts 1,200 Jobs, Scraps Final Dividend Thursday, 10 Jul 2008 | 12:18 PM ET

    Britain's Barratt Developments will cut nearly a fifth of its workforce to cope with the housing market downturn, joining other builders taking similar measures, and will not pay a final dividend for 2007-08.

  • Bank of England Keeps Rates on Hold Thursday, 10 Jul 2008 | 7:48 AM ET
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    The Bank of England kept its main interest rate steady at 5 percent on Thursday, as widely expected, despite rising inflation.

  • Will the BoE Keep Writing Letters? Wednesday, 9 Jul 2008 | 12:36 PM ET

    The Bank of England's Monetary Policy Committee will find itself in no easier position on Thursday, as it meets again to decide on UK interest rates. With rising inflation and falling growth, there seems no alternative but to wait, see and keep writing letters. 

  • UK Housebuilders Shed Jobs Amid Slowdown Wednesday, 9 Jul 2008 | 7:45 AM ET
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    Two more UK homebuilders announced job cuts on Wednesday as housing woes deepened and with the industry warning the job losses in the sector could climb steeply.

  • Survey Shows Risk of UK Recession Tuesday, 8 Jul 2008 | 3:47 AM ET
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    Falling sales in a weak home market have left British firms facing their worst cashflow situation since records began in 1992, a survey from the British Chamber of Commerce showed on Tuesday.

  • Taylor Wimpey Can't Raise Cash, Shares Fall 49% Wednesday, 2 Jul 2008 | 11:37 AM ET
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    British housebuilder Taylor Wimpey has failed to raise the extra capital it said it would seek just two days ago, citing tough market conditions, sending its shares and those of its rivals plummeting.