LONDON - Mark Carney faces probably his toughest questioning so far as Bank of England governor next week when lawmakers will seize on a foreign exchange scandal to press their demands for tighter oversight of the central bank.
LONDON - Britain's Co-operative Group is set to pay up to 3.66 million pounds in pay and benefits to its chief executive this year and hike the salaries of other senior executives, the Observer newspaper reported on Sunday.
LONDON - The Bank of England may appoint a judge, academic or senior financial industry executive to run an independent inquiry into its actions in relation to allegations it allowed manipulation of the foreign exchange market, the Sunday Telegraph reported.
LONDON - Britons' expectations for an interest rate hike over the next year are on the rise even as their inflation forecasts have fallen, a quarterly poll commissioned by the Bank of England showed on Friday.
LONDON - Britain's budget forecasts are in danger of becoming too reliant on hard-to-predict windfalls from the fight against tax avoidance, lawmakers said on Saturday.
LONDON - Scottish pensions would be put in danger if voters decide to split from Britain this year, a senior British minister will say on Friday in the government's latest attempt to persuade Scots to reject independence.
LONDON - Permanent job placements in Britain rose at the fastest pace in almost four years last month and salaries are picking up too, a survey showed on Friday, in the latest sign of recovery in the labour market.
LONDON - Alliance Trust Plc, a Scotland-based investment manager, has begun preparations for a possible move to England ahead of the Scottish independence referendum, adding to evidence of corporate unease over the looming vote.
LONDON - The bulk of investors in Britain's 53 billion pound ($90 billion) commercial property market are opposed to the country leaving the European Union as it could force business tenants to re-evaluate their British presence, according to a survey.
LONDON - On the day another housebuilder joined the UK's leading share index, Credit Suisse bucked the consensus and called the top of the market for one of the year's best-performing sectors.
The Scottish government wants to be part of a sterling zone if the people vote for independence, as alternatives to the pound aren’t attractive. But it’s hard to see the rest of the UK agreeing to such a deal – except on terms that would affront Scotland’s amour propre.