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.
LONDON - Britain will impose a capital gains tax on foreign property investors from 2015 in a bid to allay fears that wealthy foreign buyers are inflating a London-led property bubble which is pricing locals out of the market.
LONDON - The UK government will attempt to re-invigorate town centres with relief on business rates to encourage firms to re-occupy vacant properties, Chancellor George Osborne said on Thursday.
LONDON - Britain's economic recovery has yet to benefit many people across the country and Prime Minister David Cameron's government is in denial about a cost of living crisis hurting voters, shadow chancellor Ed Balls said on Thursday.
LONDON - The Bank of England left monetary policy unchanged on Thursday, sticking to its commitment to keep interest rates at a record low 0.5 percent until Britain's recovery is more firmly established.
LONDON - British car sales in November were 7 percent higher than a year earlier, and total sales for the year to date were up 9.9 percent compared to the same point in 2012, the Society of Motor Manufacturers and Traders said on Thursday.