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UK house prices leap to record high

London Terraces

The price of houses in the U.K. hit a record high in July, according to online real estate portal Rightmove, which doubled its forecast for 2013 prices and now expects them to rise by 4 percent, up from a previous estimate of 2 percent.

UK u-turn: yet another growth forecast upgrade

Thumbs Up At Desk

The U.K. economy will expand significantly more than forecast in 2013, according to a leading economic forecasting group, which has become the latest organization to up its growth outlook for the country following a slew of positive data.