Good doom posting, DP.
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Previously on "Daily Doom"
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Daily Doom
http://news.bbc.co.uk/1/hi/business/7557925.stm
The number of people out of work rose by 60,000 in the three months to June, taking the official unemployment rate to 5.4%, official figures showed.
The Office for National Statistics (ONS) said unemployment increased to 1.67 million between April and June.
The data suggests that a slowing economy is taking its toll on the labour market.
The ONS also said the number of people claiming jobless benefits in July rose by 20,100 to 846,700.
This was sixth consecutive rise in the claimant count and the biggest jump since 1992.
George Buckley, an economist at Deutsche Bank, said the labour market was deteriorating at a rapid pace.
http://news.bbc.co.uk/1/hi/business/7556242.stm
A fall in flat prices has become a key factor in the slowdown of the housing market, UK government figures show.
A 3.6% drop in the price of flats in the UK between May and June contributed to the price of the average home falling from £216,625 to £215,029.
http://news.bbc.co.uk/1/hi/business/7557777.stm
The Bank of England is likely to provide evidence of tougher times ahead for the economy when it publishes its latest quarterly report on inflation.
The report comes after the UK's annual rate of inflation rose to 4.4% in July, its highest level since 1997.
Analysts said the Bank is likely to predict that inflation could touch 5% before falling back, leaving no scope for an early cut in interest rates.Tags: None
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