House prices across UK rose by 4.3% in year to August, Halifax reports, taking them close to the record high in June 2022
There’s more gloom in the German economy this morning, where factory output has fallen sharply.
German industrial production fell by 2.4% in July, statistics body Destatis reports, much worse than the 0.3% fall predicted by economists.
A drop in German industrial production in July not only brings a weak start to the third quarter but is another illustration of how difficult it will be to bring the economy back to strong growth.
