Lenders in Britain said demand for mortgages rose significantly in the second quarter and is expected to hold steady in the third quarter, a Bank of England survey showed, adding to other signs that a housing market slowdown might be bottoming out.
House prices in London fell at the fastest pace in almost 10 years in May, according to official data that also showed inflation hitting the Bank of England's 2% target for a second month running in June.
The European Union's markets watchdog has published draft guidelines to harmonise how performance fees are calculated for EU-regulated retail investment funds.
British wages, excluding bonuses, rose at their fastest pace in nearly 11 years, official data showed on Tuesday, but there were potential signs of future weakness in jobs growth, the economy's silver lining since the Brexit referendum.
Asking prices for British homes fell this month for the first time this year as buyers' confidence took a hit from the escalating uncertainty around Brexit, property website Rightmove said on Monday.
