British mortgage approvals hit a six-month high in December as interest rates dropped for the first time in more than two years, data published by the Bank of England showed on Tuesday. Approvals for house purchases, an indicator of future borrowing, increased to 50,500 in December from 49,300 in November. The effective interest rate, which is the actual interest paid on newly drawn mortgages drop...
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.