LONDON The Bank of England is almost certain to cut benchmark borrowing costs when it sets policy on Aug. 4, but a slim majority of economists in a Reuters poll said it would hold off for now on restarting its asset purchase programme.
LONDON, July 26 British banks approved the fewest mortgages for house purchase since March 2015 last month and also cut lending to businesses, as nerves weighed in the run-up to June 23's referendum on European Union membership.
LONDON Bank of England policymaker Martin Weale said he saw the economic outlook differently after much weaker-than-expected British purchasing managers' data, a week after saying he needed firmer evidence before backing an interest rate cut.
LONDON Global investors, fretting over economic growth and Brexit, have cut equity allocations to underweight for the first time in four years while raising cash to the highest in almost 15 years, a Bank of America Merill Lynch survey showed on Tuesday.
LONDON Slow growth leaving swathes of the population with no real income gains for another 10 years will foster more disaffection that just bakes in political volatility and economic stagnation.
LONDON - British inflation rose more than expected in June and matched one of the highest rates seen over the last year and a half, boosted by a surge in airfares as soccer fans flocked to France for the Euro championships.
LONDON When Britain voted to leave the European Union, the thoughts of Yorkshire teacher Grace Hall immediately turned to her family's bottom line.
LONDON Bank of England policymaker Martin Weale said on Monday he was unsure whether he would back an interest rate cut at next month's BoE meeting, in contrast to most of his colleagues who think stimulus is likely after Britain voted to leave the EU.
LONDON Britain's poorest households now rely more on jobs than government benefits for their income, reducing inequality but leaving them more vulnerable to any post-Brexit downturn in the labour market, research showed on Tuesday.
LONDON British asset manager Kames Capital has begun to see inflows into its UK Property Income Fund as concerns ebb about the outlook for commercial property prices after Britain's vote to leave the European Union.
LONDON Emerging markets portfolio inflows rose to almost $25 billion in July from $13.3 billion in June, the Institute of International Finance said on Wednesday, citing the search by investors for higher yields after Britain voted to leave the European Union.
LONDON The best-performing mutual funds avoided explicit directional bets on the outcome of last month's UK vote to leave the European Union, sitting out the volatility by latching on early to large, defensive, dividend-paying blue chip stocks.