LONDON - Expectations of future British house price rises have hit a 14-year high just as Bank of England chief Mark Carney signalled monetary policy would remain exceptionally loose despite the potential for them to jump at 'warp speed'.
LONDON - Britain's economy grew an estimated 0.8 percent in the three months to the end of November but has not yet reached pre-recession levels, the National Institute of Economic and Social Research (NIESR) said on Tuesday.
LONDON - The financial burden of running final salary pension schemes is hampering companies' ability to invest in expansion and development, according to UK research published on Tuesday.
LONDON - British industrial output rose a touch more than expected in October, official data showed on Tuesday, adding to signs that the country's economy is slowly reducing its reliance on consumers.
NEW YORK - Britain's economic recovery is showing signs that it can reach self-sustaining momentum, but monetary policy will need to remain exceptionally loose for some time to come, Bank of England Governor Mark Carney said on Monday.
LONDON - Wages in Britain grew at their fastest rate in six years during November, a labour market survey indicated on Monday, providing a rare signal that a long-term decline in real incomes is being checked by a return to economic growth.
LONDON - The number of UK companies that ask shareholders for more money is set to rise by almost a third in 2014 as a brighter economic outlook encourages more firms to expand their operations.
LONDON - British house prices rose at their fastest pace in more than six years in November but could slow as weak wage growth puts pressure on personal finances, mortgage lender Halifax said on Friday.
LONDON - Chancellor George Osborne celebrated a sharp turnaround in Britain's economy as vindication of his austerity push on Thursday, but said he would not relax his grip on public spending in the years ahead.
LONDON - Britain's day-to-day spending on public services is set to fall over the next five years to its lowest in relative terms since the end of World War Two, the government's fiscal watchdog forecast on Thursday.