The UK was given another shot in the arm, as two leading investment banks hiked their forecasts for economic growth.
UK house prices recorded their 14th monthly increase in a row in February - and their biggest annual rise in nearly four years - according to new data from Nationwide.
Heavy storms that have flooded around 6,000 U.K. homes could knock more than 1 percent off economic growth, a U.K. economist told CNBC on Monday.
Britain's economic growth picked up pace in the third quarter of 2013, boosting hopes that the country's nascent recovery is becoming more entrenched.
Here's the latest from our Highly Placed Professional.
One of the U.K.'s top business lobbying organisations has raised its growth forecasts for the U.K. this year and next after a better-than-expected round of economic data, but warned that unemployment will be 'sticky' over the medium term.
Retail industries set to enjoy a prosperous short-term future…
With gloomy economic forecasts, falling consumer confidence and poor retail figures adding to concerns over talk of the U.K. leaving the European Union, 2013 is set to be a tough year for the country, analysts say.
The U.K. economy may have just exited recession by posting its strongest quarterly gross domestic product growth in five years, but according to a recently published book, the U.K. will have a third world economy by 2014.
OK, so looking at the medal table might be good for GB morale, but try paying your mortgage in good morale!