Charles Purdy
on April 29th, 2022 The pound is trading around similar levels against the euro but has strengthened against the dollar following broad greenback weakening.
UK house prices rose at a slower annual rate in April than March, by 12.1%. This was below market expectations of 12.6%. The average UK home now costs £267,620.
All eyes are now on the Bank of England’s next interest rate decision on Thursday. The size of the interest hike will likely determine which direction sterling heads next week.
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