More mixed Brexit messages.
Quote:
British economy slows sharply as inflation hits home
Britain's economy slowed sharply in the first three months of 2017 as households and high streets felt the pinch from higher inflation, which has risen sharply since last year's Brexit vote.
With the country heading for an election on June 8, there were other signs on Friday of a slowdown as house prices fell for a second month and a measure of consumer confidence dipped.
The Office for National Statistics said growth in the overall economy weakened to a one-year low of 0.3 percent in the three months to March from 0.7 percent in late 2016.
That represented a bigger slowdown in the rate of quarterly gross domestic product growth than the drop to 0.4 percent economists had forecast in a Reuters poll.
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http://www.reuters.com/article/us-br...-idUSKBN17U1UG
The BBC reports that undeterred Asian investors are increasingly investing in UK property. But the figures are from 2016 so this is probably a bit early to start drawing conclusions.
Quote:
Brexit not deterring Asian investors from UK property market
Research from property investment firm JLL indicates that Asian investors accounted for 28% of the transactions in the UK property market in 2016, up from the 17% the year before.
London in particular continues to be a strong attraction, especially for Asian families who have long had a link to the city.
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http://www.bbc.co.uk/news/business-39732816