LONDON - New British bank TSB said it was picking up nearly one in ten of all new current accounts being opened in the UK, swelling its deposit base as competition intensifies for the country's biggest lenders.
LONDON - Consumer confidence in Britain took its biggest tumble in four years this month as workers in low-paid sectors worry about losing their jobs in an economic slowdown, a survey published on Thursday showed.
LONDON - Market expectations for the levels of interest rates needed to stabilise Britain's economy seem reasonable, Bank of England Deputy Governor Ben Broadbent said on Thursday.
LONDON - Mortgage approvals in Britain fell in September to their lowest level since July last year, standing 9.9 percent lower than a year ago, industry data showed on Thursday.
LONDON - The Bank of England is only likely to raise interest rates gradually, as headwinds to growth and long-term downward pressures on borrowing costs pass, the central bank's deputy governor said on Thursday.
LONDON - A talent shortage in Britain's financial services and technology sectors has pushed salaries in the industry up by 2.6 percent in the last year, ahead of inflation and outpacing sluggish UK wage growth, research showed on Thursday.
LONDON - Most Bank of England policymakers are firmly against raising interest rates, seeing little evidence of inflation pressures while the slowing euro zone poses growing risks, minutes of their latest meeting showed.
LONDON - Sweden's Handelsbanken and Britain's Metro Bank reported a surge in lending to UK households and businesses on Tuesday in a sign of growing competition to Britain's established lenders.
LONDON - British government borrowing rose more than 10 percent in the first half of the financial year, giving Chancellorp George Osborne little scope to offer sweeteners to voters before a parliamentary election in May.
LONDON - Lloyds Banking Group said at least 60,000 new homes need to be built in Britain every year above the current level of supply to ease the country's housing shortage.
LONDON - British construction fell sharply in August, hit by a fall in house-building and adding to signs of a slowdown in other areas of the economy, official figures showed on Friday.
BRUSSELS/LONDON - Europe's top court on Wednesday said an exemption granted to former British telecoms monopoly BT from paying into a pension protection fund constituted state aid and was therefore illegal, backing an EU regulatory decision made five years ago.
LONDON - Britain's competition watchdog said HSBC had forced some small businesses to open an account with the bank to obtain a loan, breaking commitments made by banks to end the practice.