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Latest news and updates

British job growth was the strongest in nearly a year in the three months to November, according to data that could weaken the case for an interest rate cut by the Bank of England next week.
British households grew more confident about their finances and a measure of house prices rose by a record amount for January, according to surveys which added to other signs of a brightening mood in the economy since last month's election.
Asking prices for British houses put on sale in the five weeks to Jan. 11 rose by a record amount for the time of year, property website Rightmove said on Monday, adding to signs of a post-election bounce in consumer and business confidence.
Comprehensive motor insurance policy costs in Britain rose 5% on average in 2019, the steepest annual rise since 2017, an insurance price index released on Monday showed.
The Bank of England is likely to keep borrowing costs steady on Jan. 30, the eve of Britain's departure from the European Union, but there is a significant chance it will opt to trim Bank Rate following a slew of weak data, a Reuters poll found.
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