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Most Bank of England officials oppose rate rise as wages stagnate

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LONDON - Most Bank of England policymakers remained firmly against raising interest rates when they met this month, and data released on Wednesday showed wages rising at their slowest pace on record, indicating inflationary pressure will remain subdued.

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UK earnings edge up, unemployment falls more than expected 17 Sep 2014

LONDON - The earnings of British workers picked up in the three months to July but still lagged far behind inflation, even as unemployment fell more than expected, official data showed.

UK households say incomes rising more quickly - Markit survey 17 Sep 2014

LONDON - British households saw their income from employment rise at the quickest pace in more than a year in August, according to a survey on Wednesday likely to be noticed by the Bank of England.

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UK inflation slips back, house price growth hits seven-year high 16 Sep 2014

LONDON - British inflation edged down last month but house price growth surged in July at the fastest annual pace since in seven years, official data showed on Tuesday.

Britain's audit watchdog revises corporate governance code 17 Sep 2014

LONDON - Britain's audit and accounting watchdog has overhauled its corporate governance code for UK companies, it said on Wednesday, to make them safer for investors by giving more information about how they are run and an assessment of any potential risks facing the business.

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Scotland's vote worries chase investors out of UK 16 Sep 2014

LONDON - Uncertainty surrounding the outcome of the Scottish independence referendum this week has sent investors in British assets heading for the exits, a closely watched survey showed on Tuesday.

UK financial adviser fined, banned over dishonest investment advice 16 Sep 2014

LONDON - A former senior partner at St James's Place, a UK wealth manager, has been fined and banned for persuading clients to invest millions of pounds in companies in which he had an interest, which then went into liquidation.

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The Scottish play - equity investors hedge against UK split 11 Sep 2014

LONDON - As Scottish opinion polls run neck and neck, investors are scrambling to hedge their trading bets on UK equities to protect against market mayhem if Scotland votes next week to break away from the United Kingdom.

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Bank of England's Carney says spring rate hike possible 10 Sep 2014

LONDON - The Bank of England may start to raise interest rates next spring if the labour market continues to recover from the financial crisis, Governor Mark Carney said on Tuesday.

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Investors push back BoE rate hike expectations on Scotland worries 08 Sep 2014

LONDON - Investors pushed back expectations of when the Bank of England will raise interest rates on Monday after a poll showed the pro-Scottish independence camp with a lead for the first time.

UK construction output stagnates in July as housebuilding slows

LONDON - British construction output stagnated in July as a rapid expansion in house building started to level off, causing annual growth to sink to an eight-month low.

Just Retirement says annuities hit by UK reform, other sales pick up

LONDON - Annuity and mortgages provider Just Retirement Group Plc reported a 3 percent fall in annual underlying operating profit to 97 million pounds ($158 million) on Thursday, hit by a drop in annuity sales following UK reforms earlier this year.

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