LONDON, April 8 (UPI) -- England's largest mortgage lender Halifax announced Tuesday that March housing prices dropped by 2.5 percent, marking the biggest monthly fall in 15 years.

LONDON, Feb. 9 (UPI) -- British researchers forecast home repossessions will break a 12-year record high in 2008, a report said.

LONDON, Jan. 5 (UPI) -- Financial analysts say the European Central Bank is walking a fine line between trying to cool inflation without hurting the economy.

LONDON, July 20 (UPI) -- Newly released minutes from the last Bank of England meeting strongly indicate the British central bank is about to raise interest rates.

LONDON, May 25 (UPI) -- Britain's gross domestic product grew last quarter by its weakest rate in nearly two years, a mere 0.5 percent during the January through March period.

MUNICH, Germany, May 25 (UPI) -- German business confidence reportedly dipped slightly during May, reinforcing the view of continued subdued growth across that nation.