LONDON - British retail sales grew in July at the slowest annual rate since November last year, while the government failed to make major inroads into a looming overshoot in public borrowing, data showed on Friday.
LONDON - Fund managers may face tougher scrutiny by global regulators than planned after their intense lobbying against a first proposal backfired, industry sources and G20 officials said.
LONDON - Bank of England policymakers have broken ranks over interest rates for the first time in three years, with two of them unexpectedly voting to tighten policy, in a move that revives speculation about a 2014 rate hike.
LONDON - A measure of British inflation launched last year to better reflect housing costs will no longer be treated as an official national statistic while it is being improved, the statistics authority said on Thursday.
LONDON - The Bank of England will not be pushed into raising interest rates sharply because the outlook for inflation is subdued, a policymaker on the Bank's rate setting commmittee said on Thursday.
LONDON - The Bank of England dented expectations of a first interest rate hike this year, slashing its forecast for wage growth and saying higher borrowing costs hinged largely on an improved outlook for pay.
LONDON, Aug 13 - British workers earned less between April and June than they did in the same period last year, even as the unemployment rate fell once again, official data showed.
LONDON - The likelihood that the Bank of England will raise interest rates this year has risen but the consensus in a Reuters poll still doesn't expect a hike until early 2015.
LONDON - British employers expect wage growth to remain weak, according to a survey of personnel managers on Monday that contrasted with other reports that salaries are set to rise at a faster pace.
LONDON - British firms stepped up hiring last month, with salaries continuing to rise strongly as businesses competed for dwindling numbers of qualified staff, a monthly survey of recruitment agencies showed on Friday.
FRANKFURT - The European Central Bank is in a policy no man's land, bombarded by news of a stagnating euro zone economy but hesitant to move forward with new stimulus until measures it loaded in June have ignited.
LONDON - On most weekday mornings over the past year, Paris-based financial trader David Sibi has turned on a computer program designed to try and beat the U.S. stock market before it even opens.
LONDON - Zopa has become the first British peer-to-peer lender to top $1 billion of lending, the company said on Monday.