Bank of England stance on rates unchanged by China - Carney


JACKSON HOLE, Wyo. - Bank of England Governor Mark Carney said on Saturday that a slowdown in China's economy could push down further on inflation but it did not change, for now, the central bank's position on when and how it might increase interest rates.


FCA investigating annuity sales - Telegraph 29 Aug 2015

LONDON - The Financial Conduct Authority has begun an analysis of annuity sales by all Britain's major insurers since 2008, which could lead to compensation for pensioners found to have been sold inappropriate products, the Telegraph newspaper said.


Accused U.S. 'flash crash' trader fails to have UK extradition case postponed 28 Aug 2015

LONDON - A London-based day-trader accused by the United States of market manipulation that contributed to the Wall Street "flash crash" in 2010, failed to persuade a court on Friday to postpone his extradition hearing.


Prosecutors mull corporate charge over phone-hacking at Murdoch papers 28 Aug 2015

LONDON - Prosecutors said on Friday they had received a file of evidence relating to the police investigation of phone-hacking at Rupert Murdoch's British newspaper group and would be considering a possible corporate prosecution.


Payments glitch at HSBC leaves thousands of Britons without wages 28 Aug 2015

LONDON - Thousands of Britons failed to receive their wages on Friday when a problem at Europe's biggest bank HSBC prevented some of its business customers from making payments.

Pop-up exhibition shows life of Kray twins in London's East end 28 Aug 2015

LONDON - Pictures of the notorious Kray twins and their native London East End go on display in a pop-up exhibition in the British capital on Friday, ahead of the release of a film about the gangsters. | Video


Britain's economic growth accelerates in second quarter, helped by trade 28 Aug 2015

LONDON - Britain's economy gathered speed in the second three months of 2015, boosted by a jump in exports and business investment in the latest sign that the recovery is broadening out.


Cameron appoints new members to scandal-tainted upper chamber 27 Aug 2015

LONDON - Prime Minister David Cameron appointed 26 supporters on Thursday to Britain's unelected upper chamber of parliament, reigniting criticism of an institution long branded as undemocratic and elitist and now reeling from a sex-and-drugs scandal.


UK immigration hits record high, causing headache for Cameron 27 Aug 2015

LONDON - Long-term net migration to Britain has hit a record high, underscoring the challenge Prime Minister David Cameron faces to dispel voter fears that immigrants are straining public services such as housing, hospitals and schools.

Morningstar cautions on size of Standard Life's 44 billion pounds GARS fund 27 Aug 2015

LONDON - Standard Life Investments' flagship GARS fund, home to the savings of thousands of Britons, may be getting so big that its ability to outperform by picking individual stocks is being affected, a leading research firm has warned.