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Berkeley Group on Track to Double Profits

Berkeley Group, the residential-led property developer is well placed to double its profits before tax around £220 million by 30 April 2013, two years earlier than originally planned and to enhance the value of its land bank to £3 billion by April 2015.
Bank of England

UK Economy on Slow and Steady Growth Path

Britain's slow and steady economic growth helps it in avoiding recession, followed by upbeat data and last week's Greek debt restructuring. The Bank of England holds its asset purchase programme at £325 billion, as economists predicted 0.2 per cent growth in the current quarter.
UK Producer Price Index

UK Jan Industrial Output Falls, Feb PPI Rises

British industrial output posted an unexpected fall in January after a sharp decline in oil and gas production and weaker-than-expected factory output, indicating that Britain's economic recovery could be in peril.
RBS

Lloyds and RBS Look for €15 Billion from ECB

Lloyd's Banking Group (LBG) and the Royal Bank of Scotland (RBS), UK's leading part-nationalised banks, are reportedly planning to approach the European Central Bank (ECB) for a special three-year funding scheme.
Bovis Homes Group

Bovis Homes Reports Solid Earnings

The builder of traditional homes reported that its annual pre-tax profits rose 74% for the financial year ended 31 December 2011, as it sold more homes at a wider margins and focuses on increasing profits combined with further improvements in the use of capital. The Group also expects to deliver a strongly increasing return on capital employed in 2012 and beyond.