Хипотека одобрења погодио њихов најнижи у најмање 15 година у јулу и производни сектор смањио за четврти месец заредом у августу, истраживања су показала и данас. "Изгледи за економију Велике Британије и даље суморна", рекао је Мајкл Сондерс, а Цитигроуп економиста. "Економија је сада вероватно у рецесији, а не почетком опоравка вредан име је вероватно у 2009."

Слабости читања возио килограма до најниже у односу на долар од априла 2006 и фјучерс каматних стопа окупио оштро, очекујући Банку Енглеске смањења стопе као британске економије флертује са прву рецесију од 1990.

Алистер Дарлинг канцелар поновио упозорења владе на економију у интервјуу викенд магазину, подизање спекулације да ће смање своје економске прогнозе у пре-буџета извештај доспева у наредним месецима.

Тај интервју је објављен само неколико дана након што је банка Енглеске креатор политике Давид Бланцхфловер Ројтерсу два милиона људи могло остати без посла до Божића и да велике каматне стопе смањење било потребно да би се избегло продужавање рецесије.

Влада им сажето предлоге да помогну сутра стамбеног тржишта које ће вероватно укључивати давање локалним властима успели да поврате новац за куповину некретнине. Further measures to help people with rising utility bills could come later in the week.

The Bank of England said today mortgage approvals — an indicator of future movements in house prices — fell to 33,000 in July from 35,000 in June, the 12th consecutive decline and the lowest since the series began in April 1993.

Mortgage lending grew at its weakest annual pace since June 1999.

“It's at a painfully low level so we are still facing the prospect of falling prices for at least another year,” said Alan Clarke, an economist at BNP Paribas.

All sections of Britain's economy are now feeling the squeeze — including the manufacturing sector which the Bank of England had hoped would benefit from a weaker pound boosting exports.

The Chartered Institute of Purchasing and Supply's purchasing managers' index showed the factory sector contracted for a fourth month in a row in August, although less sharply than expected at 45.9, up from 44.1 in July.

However, much of the improvement was down to firms concentrating on filling old orders. Demand from both overseas and at home continued to decline.

The Engineering Employers' Federation said manufacturers are bracing for a sharp fall in orders and weaker profit margins.

“Manufacturing has shown considerable resilience in the face of a credit crunch, a global economic slowdown and a massive increase in its costs,” said Steve Radley, EEF chief economist. “But there are now clear signs that these pressures are starting to take their toll.”

The CIPS survey showed manufacturers were ramping up prices at the fastest since the series began in 1999, as firms continue to pass on some of the impact of their soaring costs.

That will worry the central bank, which is facing growing public and political pressure to cut borrowing costs from the current 5.0% despite the strongest inflation since the BoE was granted the power to set interest rates in 1997.

“Financial markets are increasingly looking for rate cuts by the end of the year, but we continue to narrowly favour the BoE holding off until early 2009,” said James Knightley, an economist at ING.

“With inflation already likely to rise above 5% following the latest utility bill hikes, we think the BoE as a whole will remain cautious.”



Брзо Кућа На продају