LONDON - Forget gold. In a world of volatile market swings, Greek debt fears and an impending U.S. interest rate hike, one safe haven that has delivered on its promise is UK property.
LONDON - British house prices unexpectedly fell last month, taking the annual rate of price increases to its lowest in two years, mortgage lender Nationwide said on Thursday.
LONDON - The British public's expectations for inflation in the next 12 months rose in June, according to a survey published on Wednesday.
LONDON - Fines are failing to curb misconduct at banks or prompt customers to switch lenders, a top British consumer organisation said on Tuesday.
LONDON - British consumer morale surged to its highest in over 15 years this month as shoppers said they were ready to spend, a survey showed on Tuesday, adding to signs that growth is picking up after a weak start to the year.
LONDON - British mortgage approvals fell unexpectedly in May, Bank of England data showed on Monday, countering other recent signs that activity in the housing market has picked up in recent months.
LONDON - The European Union's plan for a unified capital market needs more work to protect investors from losses if it is to provide the economic boost policymakers' are hoping for, a top British regulator said on Thursday.
LONDON - Britain's labour market is "fizzing away nicely" and wages are growing faster than expected, Bank of England policymaker Martin Weale said in an interview with the Financial Times in its Wednesday edition, indicating that he might soon vote for a rate rise.
LONDON - British construction activity grew at its fastest rate in four months in June, and confidence in the sector surged to an 11-year high, as growth resumed after a lull in the run-up to May's election.
LONDON - British pension funds' liability-driven investments jumped 29 percent to a total 657 billion pounds ($1.03 trillion) in 2014 as they tried to combat the negative impact of low yields, according to a report by consultants KPMG published on Monday.
LONDON - Credit unions need new rules to reflect the broader range of financial services offered by the local loan and savings organisations, the Bank of England said on Wednesday.