Dec. 3 (Bloomberg) -- The pound weakened after reports showed U.K. services shrank at the fastest pace in at least 12 years and consumer confidence worsened, giving the Bank of England more reason to cut interest rates tomorrow.
Dec. 3 (Bloomberg) -- The pound fell after reports showed U.K. services shrank at the fastest pace in at least 12 years and consumer confidence dropped, giving the Bank of England more reason to cut interest rates tomorrow.
Dec. 3 (Bloomberg) -- U.K. services from banks to recruiters contracted at the fastest pace in at least 12 years in November, and consumer confidence dropped, bolstering the case for the Bank of England to cut interest rates tomorrow.
LONDON - Britain's services sector contracted at its fastest rate in at least 12 years, a closely-watched survey showed Wednesday, ratcheting up expectations that the Bank of England will cut interest rates by a full percentage point on Thursday.
MANILA, Philippines - The hike in consumer prices in November fell to single-digit, the first time in six months as prices of rice, vegetable and petroleum items declined, the government reported on Friday.
