UK car production boosted by new models in first half of 2014


LONDON - British car production showed annual growth of more than 3 percent in the first six months of 2014 thanks to new models and further expansion is expected, an automotive industry body said on Thursday.


Poll shows UK homeowner confidence stalls for first time in 18 months - YouGov 12:05am BST

LONDON - One measure of consumer confidence in Britain stalled for the first time since December 2012 this month as fewer people expect house prices to rise, a survey by polling company YouGov showed on Thursday.


UK retail sales growth quickens in July - CBI 23 Jul 2014

LONDON, - British annual retail sales growth quickened in July and expectations for August also picked-up, a survey by the Confederation of British Industry said on Wednesday.


Bank of England eyes wage puzzle as it mulls when to raise rates 23 Jul 2014

LONDON - Bank of England officials discussed in July whether there was a case for an early rate rise to cool Britain's economy, but were held back in part by strikingly low wage growth and signs of weakness abroad.


Peaches Geldof's death was drugs-related, coroner rules 23 Jul 2014

LONDON - The death of Peaches Geldof, the daughter of musician and Band Aid founder Bob Geldof, was drugs-related, a coroner ruled on Wednesday. | Video


Lawmakers criticise UK arms sales to Russia; Cameron pledges no new exports 23 Jul 2014

LONDON - Lawmakers on Wednesday queried why Britain had granted licences to sell tens of millions of pounds worth of arms to Russia, embarrassing Prime Minister David Cameron, who has called for a Europe-wide ban on such sales because of the Ukraine crisis.

Renaissance funds perform well, firm closes London office 23 Jul 2014

BOSTON - Two funds at Renaissance Technologies, one of the world's biggest hedge funds, are performing better than the average hedge fund, but the company has stopped selling them in Europe because local marketing rules have been tightened.


Bundesbank chief urges Britain not to quit European Union 23 Jul 2014

LONDON - The head of the Bundesbank appealed to Britain on Wednesday to stay in the European Union, saying membership of the bloc had given the country an economic lift and posed little threat to London.


Britain does U-turn on ex-KGB agent Litvinenko murder inquiry 22 Jul 2014

LONDON - Britain announced on Tuesday it would hold a public inquiry into the death of a former Russian spy who accused Russian President Vladimir Putin of ordering his murder, but denied the decision was linked to the Ukraine crisis.

Philippine army warned against 'meddling' as coup rumours swirl 23 Jul 2014

MANILA - Philippine soldiers should keep clear of politics, the military's new chief said on Wednesday, as rumours of a possible coup swirled in the capital after the Supreme Court declared President Benigno Aquino's economic stimulus fund illegal.