Mon, 22 Oct 2012 15:46:39 GMT
Finances of households in the U.K. least squeezed in 2 years
Markit, a market research group, reported on Monday that the its household finance index declined in October, but at the slowest pace in almost 2 years, which may indicate that personal finances of Britons are bottoming out. The household finance index increased to 39.0 from the previous month's reading of 38.4, but still remained in the area of contraction.