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 - 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 - Booming housing markets in emerging Asia have pushed global residential property prices to a new peak, according to a report on Friday.
LONDON - The government is abolishing a transaction tax on shares purchased in exchange traded funds (ETFs) in an attempt to lure financial services activity from rival European centres.
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 - 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 - Britain is likely to raise the state pension age to 68 in the mid-2030s, a decade earlier than previously expected, to offset the impact of improving life expectancy, the government said, as it seeks to cut its pension bill.
- The Bank of England is moving closer to hiking interest rates from record lows, but most forecasters doubt that will happen until 2015, which will keep sterling in check over the coming year, a Reuters poll showed.
LONDON - Four of Britain's largest mobile phone operators have agreed to government proposals to stop enforcing mid-contract price hikes and to cap bills from stolen or lost phones, as the cost of living shapes up as the top issue before the election in 2015.
LONDON - British housebuilder Berkeley said its full-year earnings could rise towards the top end of expectations and accelerated a dividend payout to shareholders, sending its share price to an all-time high.
LONDON - The government proposed on Thursday to reduce protections for employees who are guaranteed a salary-linked retirement pension by their employer, in a bid to stop companies shutting such costly schemes altogether.
LONDON - Britain's flagship scheme to encourage banks to pump more credit into the economy achieved the highest quarterly net lending since its introduction last year, giving further evidence of a pick-up in the economy.