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LONDON (Reuters) -Britain's economy eked out unexpected growth in the second quarter, laying the ground for more interest rate hikes from the Bank of England, but it remained the only big advanced economy yet to regain its pre-COVID, late-2019 level. The strong showing bolstered bets that the BoE would keep on raising interest rates, given the central bank stressed this month that resilience in the economy was one of the factors that would underpin its judgement. "It gives the Bank of England a headache - they may well have been thinking about pausing interest rate increases soon, ...

By David Milliken LONDON (Reuters) - British house prices saw the most widespread falls since 2009 last month as interest rates hit a 15-year high, ...

British house prices saw the most widespread falls since 2009 last month as interest rates hit a 15-year high, while rents surged by the most since 1999 as more landlords sold up, a survey showed on...

Growth across British services companies slowed last month to its lowest level since January, a business survey confirmed on Thursday ahead of the Bank of England's interest rate decision....

Growth in British services companies decelerated in July to the slowest pace seen since January. The final reading of the UK S&P Global Services Purchasing Managers Index (PMI) fell to 51.5 from 53.7 in June, which remained unchanged from a preliminary “flash” reading. Economic stagnation is underway due to high inflation and growing borrowing costs, which mirror other measures of the economy.