LONDON - Britain's new banks are achieving superior returns than larger rivals, picking up customers shunned by bigger lenders since the 2007-9 financial crisis, consultancy KPMG said on Friday.
LONDON - Nationwide's Chief Executive Graham Beale said he expected Britain's housing market to be stronger this year after the UK's second-biggest provider of home loans reported a 32 percent rise in full-year profit.
LONDON - The majority of financial transactions in Britain were made without cash in 2014, the first time cash has been less widely used than alternatives, the Payments Council said on Thursday.
LONDON - British companies are keeping a lid on pay deals despite the recovery in the country's economy, and are likely to remain cautious throughout 2015, according to a survey published on Thursday.
LONDON - An election victory for the Conservatives earlier this month should help the housing market to grow, property website Zoopla said on Wednesday, announcing a rise in profits.
LONDON - The views of Bank of England policymakers appeared little changed in May when they voted unanimously to keep interest rates on hold.
LONDON - British households were the most upbeat about their finances in over six years in May, but have turned pessimistic about the outlook for the coming 12 months, a monthly survey showed on Wednesday.
LONDON - The Bank of England will begin tightening policy early next year according to economists in a Reuters poll who are still largely clinging on to expectations for a first quarter hike from record low interest rates.
LONDON - Britain's annual rate of consumer price inflation fell below zero for the first time in more than half a century, official figures showed on Tuesday, though Bank of England Governor Mark Carney said the dip was likely to be brief.
LONDON - Britain's biggest payday lender Wonga will hand customers struggling to pay back debt a three-day grace period before applying default charges, as part of efforts to rebuild its battered image.
LONDON - The price of homes for sale in England and Wales fell in the run-up to the May 7 election and are likely to start picking up again now that the political uncertainty has lifted, property website Rightmove said on Monday.
LONDON - Trustees of the 17 billion pound ($26.4 billion) National Grid UK Pension Scheme said on Tuesday they would outsource the management of the scheme's assets through a sale of its Aerion Fund Management arm.
LONDON - Complaints to Britain's financial ombudsman about the mis-selling of loan insurance nearly halved in the past year, suggesting a scandal that has cost banks over 26 billion pounds ($41 billion) may be coming to an end.