Bloomberg UK mortgage approvals hit a 13-year high in August as the housing market extended its tax-cut fuelled mini boom. Lenders signed 84,700 home-loan agreements, the most since October 2007, the Bank of England said on Tuesday. Demand for unsecured credit slowed from July. The surge in approvals reflects homebuyers seeking to tie up deals after Chancellor Rishi Sunak waived ...

Bloomberg Economic confidence in the euro area continued to improve in September, albeit at a slower pace as resurgent virus infections cast uncertainty over the outlook. A European Commission sentiment index rises for a fifth month to 91.1, exceeding economists’ median estimate. Yet confidence remains more than 30% below its pre-crisis level and evidence is building that the steep rebound ...

Bloomberg Argentina’s economic recovery lost steam in July after the government re-imposed stricter quarantine measures in a failed bid to contain the pandemic. Economic activity rise 1.1% in July from a month earlier, after two months of stronger gains as the economy rebounded from a historic drop in April. Activity falls 13.2% from a year earlier, worse than economists’ expectation ...