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UK economy shows signs of life as Carney starts at Bank of England

LONDON (Reuters) - There was good news for Mark Carney when he took over as governor of the Bank of England on Monday - some fresh signs of recovery in Britain's economy. A couple of hours after...

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Credit blow greets new man Mark Carney as small firms suffer

A fresh credit blow for Britain’s small businesses today underlined the stiff task ahead for new Bank of England Governor Mark Carney on his first day in the job. The Bank’s latest figures showed...

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UK economy shows signs of life as Carney starts at BoE

By William Schomberg and Olesya Dmitracova LONDON (Reuters) - There was good news for Mark Carney when he took over as governor of the Bank of England on Monday - some fresh signs of recovery in...

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Norfolk economic recovery gathering strength, but risks remain (Norfolk...

(Source: Norfolk Chamber of Commerce & Industry) BCC's Quarterly Economic Survey for Q2 2013 shows further progress, with many of the key balances in Norfolk stronger than in Q1 2013....

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Business Confidence 'Back At 2007 Level'

British business confidence has hit its highest level since 2007, in fresh evidence that the economy is recovering from the financial crisis. The finding, in the British Chambers of Commerce's...

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BCC Quarterly Economic Survey: Recovery gathering strength, but risks remain...

(Source: The British Chambers of Commerce) The British Chambers of Commerce's Quarterly Economic Survey (QES) released today (Tuesday) shows that the economy has made further progress, but that there...

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Recovery gathering Strength but Risks Remain (West Cheshire & North Wales...

(Source: West Cheshire & North Wales Chamber of Commerce) July 2nd 2013 The British Chambers of Commerce's Quarterly Economic Survey (QES) released today (Tuesday) shows that the economy has made...

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A good first day for Mark Carney as UK manufacturing output hits 25-month high

New Bank of England governor Mark Carney was handed a first-day gift today as the steepest surge in manufacturing activity for more than two years fuelled hopes over growth. Manufacturing output...

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BCC Quarterly Economic Survey: Recovery gathering strength, but risks remain...

(Source: Dorset Business - Dorset Chamber of Commerce and Industry) BCC's Quarterly Economic Survey for Q2 2013 shows further progress, with most key balances stronger than in Q1 2013. Service export...

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British economy showing signs of life

Increasing signs that the British economy could beat growth forecasts and see a firm revival this year provided Mark Carney with a warm welcome as new governor of the Bank of England on Monday. The...

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UK business confidence at highest since 2007

London - British business confidence is the highest since 2007, bolstered by fast-rising exports, a survey showed on Tuesday, in fresh evidence that Britain is slowly recovering from the financial...

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Bank of England's Mark Carney greeted by signs of recovery

New governor is expected to maintain rates as report shows evidence of economic growth, increased exports and confidence New Bank of England governor Mark Carney arrives at 11 Downing Street in London...

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05 Jul 13 - QUARTERLY ECONOMIC SURVEY - RECOVERY GATHERING STRENGTH BUT...

(Source: Hertfordshire Chamber of Commerce & Industry) QUARTERLY ECONOMIC SURVEY - RECOVERY GATHERING STRENGTH BUT RISKS REMAIN The British Chambers of Commerce's Quarterly Economic Survey (QES)...

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British manufacturing growth slows

British manufacturing output barely grew at all in April as an economic slowdown in the euro zone curbed demand for goods made in Britain, a survey showed today, raising the risk of a longer...

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UK trudges towards recovery as manufacturing improves

By Olesya Dmitracova LONDON (Reuters) - British manufacturing almost returned to growth in April and house prices showed their biggest annual rise in more than a year, suggesting that a slow economic...

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UK at risk of longer slump as euro crisis hits factories

Tweet British manufacturing output barely grew at all in April as an economic slowdown in the euro zone curbed demand for goods made in Britain, a survey showed on Tuesday, raising the risk of a...

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UPDATE 1-UK trudges towards recovery as manufacturing improves

* Factory PMI rises to 49.8 in April, near 50 no-change mark * Bank of England's Tucker sees reason for hope on economy * House prices broadly flat on month, but higher on year * Economic recovery...

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UK manufacturing sector grows at fastest pace in two years

UK factories cranked up production last month to report their strongest growth for two years, fuelling hopes Britain's economic recovery is gaining momentum. Activity in the manufacturing sector rose...

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A good first day for Mark Carney: UK manufacturing output hits 25-month high

New Bank of England governor Mark Carney was handed a first-day gift today as the steepest surge in manufacturing activity for more than two years fuelled hopes over growth. Manufacturing output...

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UK in first steps to recovery

Some economists said Britain's recovery could start to lose momentum again in the second half of this year. Photo: Paul Jones Britain's economic recovery still has a pulse - if a weak one. The...

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Economists increase confidence on sustained surge in British economy

LONDON, Sept. 4 (Xinhua) -- The Purchasing Managers' Index (PMI) for the services sector recorded yet more strong economic data for the British recovery, as economists Wednesday pointed to a sustained...

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UK factory activity roars along at start of third quarter

British manufacturing grew at its fastest rate in more than two years at the start of the third quarter and looks set to help the recovering economy gain momentum, a survey showed on Thursday. The...

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Business news and markets: live

British factory activity surged ahead in August as rise in new orders and output hit their highest levels since 1994. Image 1 of 3 According to the OECD, growth in the UK has been accelerating for six...

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Interest rates: economic growth puts pressure on Mark Carney

Rates are to be held but a marked pick-up in growth reinforces market expectations for an earlier rise than planned Mark Carney, governor of the Bank of England, faces a battle to win over sceptics of...

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Britain's economic recovery 'gaining momentum' as services sector records...

(Source: Pertemps Limited) Better weather and improvement in the housing market boosted the UK's services sector in July, as it returned to boom-time levels with its fastest expansion in...

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UPDATE 1-British service sector soars in August - PMI

* New orders drive rise in UK services industry * PMI hits 60.5 vs 60.2 in July, highest since Dec 2006 * UK composite PMI rises above 60 for first time * Jobs growth tails off in August * Pound hits...

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Boost for George Osborne as economic growth upgrade points to recovery

Hopes for Britain's flourishing recovery were boosted further after official figures revealed the economy grew by more than initially thought between April and June. The Office for National Statistics...

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Recovering UK economy shows broader, faster growth

Britain's economy grew faster than expected in the second quarter, benefiting from a broad-based pick-up in activity that looked to have put the country's burgeoning recovery on a firmer footing....

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Bank of England to keep interest rates low to boost economy

Mark Carney, will set out plans to raise business lending and indicate interest rates to stay put while 'hurdles' remain Mark Carney, the Bank of England governor, will argue that the recovery could...

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British service sector soars in August: PMI

LONDON (Reuters) - A rush of new business last month drove Britain's services sector to its fastest growth rate for more than six years, challenging the Bank of England's cautious outlook for the...

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U.K. Factory Growth Quickens as Recovery Strengthens: Economy

U.K. manufacturing growth accelerated more than economists forecast in July, adding to evidence Britain’s recovery is gathering pace and strengthening the case for the Bank of England to keep stimulus...

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UPDATE 1-British economy heats up on the factory floor

By Olesya Dmitracova LONDON Aug 1 (Reuters) - British manufacturing grew at its fastest rate in well over two years at the start of the third quarter, in a strengthening recovery that looks set to...

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UK manufacturers see strongest rise in orders in August since 1994 - PMI

LONDON (Reuters) - British manufacturing accelerated again in August and new orders and output rose at their fastest pace in nearly 20 years, boosting hopes that the country's recovery is broadening,...

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Mark Carney reinforces warning on rising interest rates for home owners

Bank of England chief says recovery will affect property market, as construction data show rise in house building and prices The UK housing market is gathering momentum after years in the doldrums,...

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UK manufacturers see strongest rise in orders in August since 1994

British manufacturing accelerated again in August and new orders and output rose at their fastest pace in nearly 20 years, boosting hopes that the country's recovery is broadening. The Markit/CIPS...

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UK manufacturing jump adds to recovery hopes

London - Britain's economic recovery got another boost on Monday when a survey showed manufacturing grew much faster than expected, adding to a run of data that questions the Bank of England's...

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Businesses warn lending curbs will hit recovery

British Chambers of Commerce said restrictions on bank lending to small and medium-sized businesses will hit growth British Chambers of Commerce survey found that restrictied access to credit was...

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UK manufacturing recovery continues in May

UK factory output is continuing to enjoy one of its strongest growth periods for 22 years, a survey has suggested. Manufacturers raised production in May to meet strong demand, according to research...

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UK manufacturing figures back economic recovery theme

Best manufacturing job figures in three years combine with strong mortgage lending data from the Bank of England Brompton Bicycle factory in London. Markit said British manufacturers reported that the...

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GLOBAL ECONOMY-Asian manufacturing picks up, exports still subdued

* Manufacturing picks across Asia, South Korea lags * China activity hits multi-months, economy stabilising * Domestic demand, investment lift China, Japan activity * Export upturn still elusive for...

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UK manufacturing surges, banks lend more under funding plan

LONDON (Reuters) - British manufacturing grew at its strongest pace in almost three years in November and a rush of new orders suggested the economy's recovery is getting onto a firmer footing, a...

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UK manufacturing surges

London - British manufacturing grew at its strongest pace in almost three years in November and a rush of new orders suggested the economy's recovery is getting onto a firmer footing, a survey showed...

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Credit for Bank of England Governor Carney as spending starts

Companies haven’t been spending, and it has confounded the forecasters. Back in 2010, the Office for Budget Responsibility reckoned business investment would increase by a healthy 10.9% in 2013,...

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UPDATE 1-UK manufacturing surges, banks lend more under funding plan

* PMI manufacturing survey strongest since Feb 2011 * New orders surge to 19-year high * Sterling jumps as investors see recovery strengthening * Bank lending under FLS plan gathers pace By Silvia...

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