LONDON - Over 100 British company bosses publicly backed Prime Minister David Cameron's Conservative-led government on Wednesday and warned a change of course for Britain's economy under a Labour government would put the recovery at risk.
LONDON - British economic productivity fell in the last three months of 2014 and remains well below its pre-financial crisis level, underscoring the challenge of making the country's recovery sustainable in the long term.
LONDON - British economic productivity fell in the last three months of 2014 and remains well below its level before the financial crisis hit in 2008, underscoring the challenge of making the country's recovery sustainable in the long term.
LONDON - George Osborne will remain chancellor if the Conservative Party wins a closely-contested general election on May 7, Prime Minister David Cameron said on Wednesday.
LONDON - Britain's economy expanded at a faster pace than previously thought at the end of last year, helped by strong growth in exports, a boost for Prime Minister David Cameron before a national election on May 7.
LONDON - British consumer morale rose to its highest level in more than 12 years this month, continuing an upward trend which economic polling company GfK said could boost Prime Minister David Cameron's hopes of re-election in May 7's election.
LONDON - British mortgage approvals hit a six-month high in February, rising for a third straight month and suggesting the housing market could start to regain momentum, Bank of England data showed on Monday.
FRANKFURT - The Bank of England expects its next move in interest rates to be an increase not a cut despite record low inflation, Bank of England Governor Mark Carney said on Friday, underscoring his difference of view with the Bank's chief economist.
LONDON - The Bank of England is warning about potential irregularities in financial markets on a regular basis as it tries to address the problems that dragged it into recent market scandals, a senior BoE official said.
LONDON - British retail sales rose at the fastest pace in three months in February, beating expectations and suggesting Britain's consumer-led economic recovery remains strong ahead of national elections in May.