Tag: improve

Survey reveals mortgage availability set to improve

Survey reveals mortgage availability set to improve

There is some good news for the housing market after a Bank of England survey revealed mortgage availability is set to improve in the coming months. The survey comes as mortgage lending continues to remain subdued as first-time buyers, in particular, struggle to obtain a mortgage unless they have a substantial deposit. Since the credit [...]

April 2, 2011 | 0 Comments More
Japanese consumer confidence up in January

Japanese consumer confidence up in January

Japanese consumer confidence grew for the first time in seven months in January, the Cabinet Office said today. The closely-watched consumer sentiment index climbed to 41.1 in January, from 40.1 in December. The figures suggest consumers are now more optimistic about the economic prospects after all four sub-indices of the sentiment index saw an improvement [...]

February 9, 2011 | 0 Comments More
Japan’s export growth improves in November

Japan’s export growth improves in November

Government data has today revealed Japanese exports picked up in November - for the first time since February. Exports grew 9.1% to 5.44 trillion yen in November on an annual basis, against the 7.8% reported in October. However, the figure was still short of expectations for a 10.8% gain. The improvement was attributed to strong [...]

December 22, 2010 | 0 Comments More
US unemployment rate reaches 9.8% in November

US unemployment rate reaches 9.8% in November

There are continued fears for the strength of the US economic recovery today after the jobs market fails to improve. The Labor Department revealed the unemployment rate rose to 9.8% in November - the highest level since April. The rate has now exceeded the 9% mark since May 2009. The US economy added just 39,000 [...]

December 3, 2010 | 0 Comments More
UK services sector activity beats expectations in September

UK services sector activity beats expectations in September

Growth in the UK’s closely-watched service sector picked up in September from a 16-month low. The latest index from the Chartered Institute of Purchasing and Supply (CIPS)/Markit PMI climbed to 52.8 in September, from 51.3 the previous month, beating expectations of a reading of 51. However, the index remains above the crucial 50 level, which [...]

October 5, 2010 | 0 Comments More
UK construction activity picks up in September

UK construction activity picks up in September

The Chartered Institute of Purchasing and Supply(CIPS)/Markit construction PMI index showed activity improved last month, driven by the commercial sector and civil engineering. However, activity in the housebuilding sector dropped - bringing an end to a year-long period of expansion. The index edged higher to 53.8 in September, from 52.1 in August - surprising analysts, [...]

October 4, 2010 | 0 Comments More
Chinese manufacturing improves in August

Chinese manufacturing improves in August

Manufacturing activity in China improved in September, two separate surveys showed today. Firstly, the HSBC China Manufacturing purchasing managers index (PMI) edged higher to 52.9 in September, from 51.9 in August, due to growth in production and new orders. In the meantime, a separate survey released by the China Federation of Logistics and Purchasing (CFLP) [...]

October 1, 2010 | 0 Comments More
Mortgage lending improves in June but CML cautious

Mortgage lending improves in June but CML cautious

Despite the doom and gloom surrounding the housing market currently, there is some positive news from the Council of Mortgage Lenders (CML). According to the CML, 52,000 new loans were granted to home buyers in June - 19% higher than in May and up 14% on June 2009. CML economist Paul Samter points out that [...]

August 11, 2010 | 0 Comments More
Government borrowing hits £16bn in May

Government borrowing hits £16bn in May

The Office for National Statistics (ONS) has today revealed the UK Government borrowed £16 billion in May. However, the figure was lower than the £18 billion expected and was 8% less than the figure in May 2009. Overall, Government debt stands at £903 billion – the equivalent to 62.2% of GDP - the highest ever. [...]

June 18, 2010 | 1 Comment More
CBI survey reveals conditions are improving

CBI survey reveals conditions are improving

A quarterly survey by the Confederation of British Industry (CBI) has revealed a pick up in export growth due to a weak pound. Small and medium sized businesses in the UK noted that conditions were improving in demand and production of goods. The CBI said more than one third of 402 manufacturing firms reported an [...]

May 4, 2010 | 0 Comments More
CBI report sees optimism in UK financial services

CBI report sees optimism in UK financial services

A report by the Confederation of British Industry (CBI), has revealed a degree of optimism for the UK financial services sector, which is expected to record higher growth in the next three months, after stagnating in the last quarter. According to the business group, an improvement will be seen in the next three months after [...]

March 29, 2010 | 0 Comments More
Japan continues recovery as exports pick up

Japan continues recovery as exports pick up

The Japanese economy cemented its recovery today after it emerged that exports totalled 5.3 trillion yen in October - a fall of 23.2% compared with the same month a year go. The Japanese economy, which is the world’s second largest, is heavily dependent on exports and suffered its worst recession in decades as it was [...]

November 25, 2009 | 0 Comments More
Kraft shares fall over Cadbury offer

Kraft shares fall over Cadbury offer

US food giant Kraft saw its shares fall 5% to $26.7 this morning on Wall Street as investors expressed concern about the group’s takeover approach for British confectionery giant Cadbury. Cadbury rejected the £10.2 billion offer from Kraft, which is renowned for brands such as Kenco coffee, Oreo biscuits, Terry’s Chocolate Orange, Toblerone and cheese [...]

September 8, 2009 | 0 Comments More
BoJ Tankan survey reveals sentiment up in Japan

BoJ Tankan survey reveals sentiment up in Japan

The Bank of Japan’s closely watched quarterly Tankan survey has revealed an improvement in business confidence in Japan Today’s figures will add to the belief that the worst is over for the world’s second largest economy. Earlier this week, the Ministry of Economy, Trade and Industry announced that industrial production was up 5.9% in May [...]

July 1, 2009 | 0 Comments More
Japan keeps interest rates at 0.1% and looks optimistic for the future

Japan keeps interest rates at 0.1% and looks optimistic for the future

Japan’s economy looks set to be improving after it has experienced a rise in exports, production and public investment. The export-dependent economy has been hit by a slump in demand for its products overseas, particularly cars and electrical goods but this looks set to change after the Bank of Japan (BoJ) said “the country’s economic [...]

June 16, 2009 | 0 Comments More
Building societies anticipate positive 2009

Building societies anticipate positive 2009

Over half of UK building societies believe 2009 will be a positive year and that the economy will continue to improve in 2010. In a poll by the Buildings Societies Association (BSA), 55% of building society chief executives expressed high hopes for the year ahead. The majority also said consumers continue to trust building societies [...]

June 1, 2009 | 0 Comments More
Affordability ratios soften for first-time buyers

Affordability ratios soften for first-time buyers

Potential first-time buyers are in a stronger position to purchase a home than at any time in the past five years. According to Halifax, the first-time buyer affordability ratio has steadily improved during 2008 and the trend should continue in 2009. Research from the lender indicates that the average house price to earnings ratio has [...]

January 1, 2009 | 0 Comments More
Survey shows slight improvement in UK consumer confidence

Survey shows slight improvement in UK consumer confidence

For the second consecutive month, UK consumer confidence has improved, indicating that the huge reduction in interest rates and the recent cut in VAT are having a positive effect. The consumer confidence index from market research group GfK NOP rose two points to -33 in December, taking it to the highest level since September. However, [...]

December 19, 2008 | 0 Comments More
Homeowners improve rather than move

Homeowners improve rather than move

Homeowners sitting out the credit crisis rather than taking their chances with a “For Sale” board are turning to home improvements. Research from personal loan specialist, GE Money, has revealed that property owners across the UK are improving and extending their dwellings as an alternative to entering a stagnating property market where according to property [...]

June 26, 2008 | 0 Comments More