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London report
MARKET watchers will be looking to tomorrow’s Nationwide house prices report and mortgage approvals on Thursday to gauge whether the UK’s economy is pulling out of its double dip.
Recent data put the number of mortgage approvals at a 15-year low and last month house prices had fallen by 0.7 per cent and 2.6 per cent year on year.
Today sees corporate reports from Cairn Energy and G4S, while tomorrow’s updates come from 888 Holdings, Antofagasta and Serco Group. On Thursday Admiral, WPP, Regus, Unite Group and Cape will update the market while Restaurant Group will report on Friday.