LONDON Credit ratings agency Fitch said on Friday that Chancellor George Osborne's goal of reaching a budget surplus within four years gave little scope to respond to even a modest downturn in the economy.
LONDON Britons chased "Black Friday" shopping bargains on Friday with initial signs that many were going online rather than heading to stores for an event imported from the United States.
LONDON British house price growth slowed this month, according to a survey published on Friday which suggested the recovery in the housing market, which recently pushed prices to new record highs, is advancing at a modest pace.
LONDON British consumer morale has slipped to its lowest level in six months and growth among services companies cooled, according to two surveys that suggested to a further moderation of economic growth.
LONDON Chancellor George Osborne's latest spending plans have a roughly 50 percent chance of success, the head of Britain's non-partisan Institute for Fiscal Studies (IFS) think tank said on Thursday.
LONDON Chancellor George Osborne's U-turn decision not to cut state support for low-income workers will provide short-term relief for many households across Britain, but is unlikely to dent his broader attempt to rein in welfare spending.
LONDON Britain will make 12 billion pounds of savings annually from government departments' day-to-day spending by the end of the decade as it seeks to return to a budget surplus, Chancellor George Osborne said on Wednesday.
LONDON Moody's ratings agency said Britain's latest government spending plans, announced by Chancellor George Osborne earlier on Wednesday, do not change its outlook for the country's public finances.
LONDON Chancellor George Osborne delivered a half-yearly budget update on Wednesday, slightly raising his budget surplus target for the end of the decade while scrapping a controversial plan to make big savings in one part of the welfare budget.