Article source
Reuters
Article date
Sun, Jun 30, 2013
There was good news for Mark Carney when he took over as governor of the Bank of England on Monday- some fresh signs of recovery in Britain's economy.
A couple of hours after Carney beat the commuter crowds on London's Underground to start his first day at the central bank, data showed that British manufacturing enjoyed its strongest growth in more than two years in June.
New orders rose even faster, a hopeful sign that momentum in the long-weak factory sector might be sustained.
Separate figures showed Britain's housing market, which is picking up after spending much of the past few years in the doldrums, got another fillip. Mortgage approvals in May hit their highest level since December 2009.