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Inflation falls sharply in Britain

LONDON, Nov. 18 (UPI) -- Inflation in Britain fell in October by the biggest margin since 1997, possibly signaling a central bank lending rate cut in December, an economist said.

England bankruptcy filings rise

LONDON, Nov. 15 (UPI) -- The number of people in England falling into bankruptcy has risen by 7 percent, government figures show.

British mortgage approvals rise nominally

LONDON, Oct. 29 (UPI) -- Approvals for new mortgages in Britain remain low, but rose by 1,000 above a record low set in August, the Bank of England said Wednesday.

Economists say British recession has begun

LONDON, Oct. 24 (UPI) -- The British economy posted a gross national product decline in July-September, falling 0.5 percent and indicating it was officially falling into a recession.

Jobless claims jump in Britain

LONDON, Sept. 17 (UPI) -- Unemployment in Britain jumped to 1.72 million people in August with a 32,500 increase in claims for benefits, the government said Wednesday.

Analyst: Lehman may mean lending jitters

LONDON, Sept. 15 (UPI) -- Lehman Brothers' fall jolted global financial markets, perhaps leading European banks to be reluctant to lend to each other, a global economist said Monday.

British output shrank in three-month span

LONDON, Sept. 10 (UPI) -- The gross domestic product fell 0.2 percent in Britain in May, June and July, the National Institute of Economics and Social Research said.

Unemployment rate jumps in Britain

LONDON, Aug. 13 (UPI) -- Unemployment in Britain jumped from 5.2 percent to 5.4 percent in July, the government said Wednesday.

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U.S. markets close with losses Tuesday ... Florida regulator resigns amid scandal ... Inflation hits monthly record in Britain ... U.S. utilities aggressive on tree trimming ... News from United Press International.

Inflation hits monthly record in Britain

LONDON, Aug. 12 (UPI) -- Prices in Britain rose 4.4 percent in July, rising above economic forecasts and more than twice the target rate set by the Bank of England, the government said.

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