LONDON - British consumer morale dipped for the first time in six months in July and house prices stagnated, adding to signs that Britain's rapid economic recovery is cooling slightly.
LONDON - Banks and brokers are failing to give the best trading deals to customers and could face enforcement action, Britain's Financial Conduct Authority (FCA) said in a review on Thursday.
LONDON - Santander's British arm said it added 1.1 million current account customers in the past year, which helped drive an 18 percent rise in pretax profit in the first six months of 2014.
SYDNEY - A top official at the Bank of England sees a case for earlier increase in interest rates but emphasised that any tightening cycle would be limited and gradual.
LONDON - It could be as soon as next week that the first member of the Bank of England's Monetary Policy Committee votes to increase interest rates but it will be early 2015 before a majority agrees, a Reuters poll found on Wednesday.
LONDON - Britain's energy watchdog has proposed new price controls for five electricity network operators for the next eight years, aiming to spur investment in network upgrades and help lower energy bills.
LONDON - Funds which invest in companies for their dividend payouts took in a record amount of investor cash in June, partly due to the launch of a fund from British star fund manager, Neil Woodford.
LONDON - British mortgage approvals rose for the first time in five months in June, suggesting lenders were getting back into their stride after the introduction of more stringent tests for borrowers earlier this year.
LONDON - The Bank of England won backing from the International Monetary Fund on Monday for keeping interest rates low, even as the IMF welcomed signs that Britain's surprisingly strong economic recovery is broadening.
LONDON - Britons are feeling much less positive about buying a house while sentiment toward selling is improving, according to a survey on Monday which added to other suggestions that the housing market is losing a bit of steam.
LONDON - British house prices stagnated in July after strong growth last month, cooled by tougher checks on mortgage lending, a survey from lender Nationwide showed on Thursday.
LONDON - Britain will give more workers a choice to cash in their pension savings, the government said on Monday, expanding reforms set out earlier this year that hit insurers' share prices.
LONDON - British banks reported their first sizeable increase in mortgage approvals in five months in June but it was too early to gauge the impact of new mortgage restrictions, the British Bankers' Association said on Wednesday.