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Top lse.co.uk News

Resident doctors in England vote to extend strike mandate, union says — REUTERS / Hiba Kola

Resident doctors in England vote to extend strike mandate, union says

Coverage: 14 sources

UK mortgage approvals fall to lowest since June 2024, BoE data shows — REUTERS / Maja Smiejkowska

Bank of England · United Kingdom

UK mortgage approvals fall to lowest since June 2024, BoE data shows

55% Center coverage: 11 sources

British lenders approved the fewest mortgages for house purchase in 18 months in December, according to unexpectedly weak figures from the Bank of England on Friday that cast doubt on expectations of an early recovery in the housing market in 2026. The BoE said lenders approved 61,013 mortgages in December, the lowest since June 2024, below all forecasts in a Reuters poll of economists that had instead pointed to a small rise to 64,800. November's reading was revised down to 64,072 from the 64,530 first reported.See the Story

UK business confidence weakens as doubts grow over wider economy — REUTERS / Maja Smiejkowska

UK Economy · United Kingdom

UK business confidence weakens as doubts grow over wider economy

67% Center coverage: 6 sources

British business confidence has weakened this month after executives' view of the global economic outlook declined to its darkest in a year, a survey by Lloyds showed on Friday. Lloyds' business barometer slipped to a net balance of +44% in January from +47% in December, driven by a 14-point drop in businesses' net economic optimism to a one-year low of +28%.See the Story

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