LONDON | By Víctor Jiménez | The image of the Bank of England’s monetary policy Committee, which met in early July to not issue any decision on interest rates, was at the same time historic and false.
MADRID | By Bankinter analysts | According to Rightmove, housing prices in the UK rose by +0.1% m/m in June versus previous +3.6%. Thus, the year-on-year rate slows down to 7.7% from 8.9%. In such context, Bank of England’s minutes will be particularly relevant this week, especially after Mr Carney said that the rise in interest rates will come sooner than markets expect.
MADRID | By Julia Pastor | British Ferrovial’s subsidiary Amey was granted with two contracts in the UK on Monday: a 5-year project for maintaining houses and facilities of the Ministry of Defence, and a second one for partly refurbishing the main country’s rail operator.
LONDON | By Nigel Morris at The Independent via Presseurop | A generation gap has opened up among Britons, with 41 per cent of 18-24 year olds saying they are firmly in favour of the UK’s EU membership or leaning towards support, compared to 32 per cent who are against, according to a new poll published in The Independent.
LONDON | By Terry Macalister at The Guardian via Presseurop | UK’s green plans dealt blow by shelving of Atlantic Array, which would have powered 1m homes and created thousands of jobs.
LONDON | By James Ball at The Guardian via Presseurop | British intelligence officials approved a US request to analyse and store the telephone, internet and email records of UK nationals, including those not suspected of any criminal activity, according to new documents released by former National Security Agency (NSA) contractor Edward Snowden.
MADRID | By Tania Suárez | European Red Tape has been subject to a lot of criticism due to its harsh conditions. A British Government report released on Tuesday claims that “EU regulation is strangling economic growth.” PM David Cameron said it was time for Brussels to “commit to more concrete measures to get rid of the unnecessary regulation which holds our businesses, and Europe, back.”
LONDON | By Victor Jimenez | The recent push for apprenticeships the Prime Minister favours could be costlier in the long run against the meagre savings in higher education spending achieved in the short term.
LONDON/MADRID | Telefonica UK selected as preferred communications service provider for Central and Southern regions in UK Smart Meter Implementation Programme.
MADRID | By Luis Arroyo | The Spanish government is simply enforcing the law–a law that the British government has signed. Madrid, unlike London, still has the option of increasing its pressure without pointless nationalistic antics like Royal warships.