The Sky News Business Round-Up And Look Ahead

Written By Unknown on Minggu, 18 Agustus 2013 | 00.02

Sky's Naomi Kerbel offers a look ahead to what's coming up in the week's business news.

:: Monday August 19

Leading UK housebuilder Bovis Homes reports interim results on Monday. The housing sector has been buoyed by the government's Help To Buy mortgage lending scheme.

The Chartered Business Institute releases its third quarter economic forecast on Monday. In May it forecast growth of 1.0% in 2013 and 2.0% in 2014.

: Tuesday August 20

The Council of Mortgage Lenders which represents banks, building societies and other mortgage lenders releases lending figures for July on Tuesday. Loans to first-time buyers hit their largest quarterly total since 2007 in the second quarter of 2013.

:: Wednesday August 21

Public sector finances including details on government borrowing and debt for July will be scrutinised on Wednesday. The public sector borrowed £12.4bn in June, £0.5bn more than a year earlier. Net debt reached £1,202bn at the end of June 2013, equivalent to 74.9% of GDP.

:: Thursday August 22

Finger-biting across the UK for GCSE results on Thursday. Recent research from the Prince's Trust has shown more than one in three young people leaving school substandard results believe they will end up on benefits.

:: Friday August 23

The British Bankers' Association releases July data on Friday. The number of mortgage approvals for house purchases rose to 37,278 in June, up from 36,290 a month earlier to a 17-month high.


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