House prices up… but manufacturing down

28 July, 2011


Mixed news in the UK today, as the Halifax house price survey showed a 1.4% increase in house prices in November – but official industrial production figures showed a drop of 8.4% in the year to October.

The Pound fell slightly this morning on release of the figures.

Meanwhile, if you need to send money to Canada, Canadian housing data showed a better-than-expected pick up, although interest rates were kept on hold as expected. The Canadian Dollar is currently trading around $1.72 against sterling [mid-market levels].