LONDON - British consumer morale held steady in November in the face of slipping confidence about the economy's prospects over the next 12 months, a survey by polling company GfK showed on Friday.
LONDON - Chancellor George Osborne will try next week to convince voters only he can be trusted to run the economy, delivering an uncompromising fiscal plan in a budget update six months before the general election.
- The first hike in British interest rates will now come in the third quarter of next year, six months later than previously thought, owing to low inflation, sluggish pay growth and a weak euro zone economy, a Reuters poll found.
LONDON - Billions of pounds in savings that retiring British workers would have swapped for an income for life are up for grabs after recent rule changes - and fund managers are battling insurers for a slice of it.
LONDON - Free banking services in Britain for customers who are in credit should remain and authorities should not impose charges as part of attempts to shake up the market, the boss of Lloyds said on Wednesday.
LONDON - A "toxic culture" that has cost British banks 38.5 billion pounds in fines and compensation over the past 15 years will take a generation to fix, an independent think tank said on Tuesday.
LONDON - Official interest rates in Britain might end up sticking at 3 percent after they start to rise, below their level before the global financial crisis, the Bank of England's chief economist Andrew Haldane said in an interview published on Wednesday.
LONDON - Scott Wotherspoon runs a small tiling firm in Scotland. In 2008, when he bought a shopfitting company, he asked his accountants to check its books. There was no problem with the shopfitter. But Wotherspoon was about to run into trouble with his bank.
LONDON - Expectations in Britain for inflation in the year ahead have fallen to their lowest level in more than five years, a survey showed on Tuesday.
LONDON - Cheyne Capital has joined forces with investors to launch a fund that will invest in British property for disadvantaged groups, the $6 billion London-based hedge fund firm said on Thursday.
LONDON - Insurer Legal & General has won a contract to take on 2.5 billion pounds ($3.95 billion) of risk from TRW Automotive's pension scheme and insure over 22,000 of its pensioners, as firms seek to offload costly pension liabilities.
LONDON - A flagship Bank of England scheme failed to boost lending to small British businesses in the third quarter although the decline was less marked than earlier in the year.