果冻影院

Construction

• Mortgage approvals as tracked by the British Bankers Association fell in February to 30,500 down from 32,000 in January, the lowest level for six months.
• The BBA also noted that credit card borrowing was also up in February.
• House prices as measured by the Nationwide were unchanged between February and March this year, however prices in March were 0.8% higher than in March 2012, the annual increase is the first the index has seen since February 2012

UK Economy

• Service sector output increased by 0.8% in January this year compared to a year ago the ONS reported. The largest contributions came from business services and finance which increased by 0.8% and government and other services which was up by 0.9%.
• The UK鈥檚 current account deficit rose to 拢58bn in 2012 according to the ONS the highest for almost 25 years, the increase from 2011鈥檚 deficit of 拢20bn is mainly due to a shift in the balance of UK earnings from investments abroad, which shrank, against earnings of foreign companies based in the UK.
• Consumer confidence as measured by the GfK NOP held steady in March for the third straight month at a reading of -26, the reading was 5 points higher than at the same time a year ago suggesting consumer confidence has risen.
• The ONS reported that labour productivity on an output per hour basis fell by 0.5% in the fourth quarter of 2012 compared to the third quarter.