U.K. factory expansion quickens as rebound strengthens

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters
U.K. manufacturing expansion accelerated more than analysts predicted last month, adding to signs Britain's economy is recovering at a faster pace and boosting the case for the Bank of England to maintain stimulus paused. The factory measure increased from 52.9 in June to 54.6 in previous month, the highest level in 28 months.
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Thu, 01 Aug 2013 13:13:07 GMT

Sterling advances as BoE maintains rate at the same level

The British Pound climbed slightly versus the U.S. Dollar after the Bank of England announced not changing monetary stimulus course. Additional factor for the gain was encouraging manufacturing data for July. The British Pound rose 0.17% to $1.5233 against the greenback at 11:02 a.m. GMT. The BoE made a decision of keeping key interest level at 0.5% and asset purchases

Thu, 01 Aug 2013 12:14:05 GMT

U.K. stocks rise led by Lloyds and commodity producers

Stocks in the U.K. appreciated, led by Lloyds Banking Group Plc and commodity producers. Country's mining companies gained after unexpected expansion in Chinese manufacturing, while Lloyds rose to the highest point since October 2010. The FTSE 100 jumped 0.3% to 6,643.55, while the FTSE All-Share Index gained 0.4% so far today. The ISEQ gauge rallied 0.8%.

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