LONDON - First Utility, Britain's biggest independent energy supplier, said a deal signed with Royal Dutch Shell Plc would help it keep prices low as it seeks to break the stranglehold of the biggest players in the market.
LONDON - Wages in Britain grew at their fastest rate in six years during November, a labour market survey indicated on Monday, providing a rare signal that a long-term decline in real incomes is being checked by a return to economic growth.
LONDON - Chancellor of the Exchequer George Osborne will have to take a bigger axe to ministerial budgets or make further deep cuts to welfare to meet his target of a budget surplus before the end of the decade, a leading think-tank said.
FRANKFURT - The chances of Britain leaving the European Union are "very remote" and making that point clear would help boost investment, Business Secretary Vince Cable said on Friday.
BERLIN/LONDON - Hurricane-force Storm Xaver blasted towards mainland Europe on Thursday after cutting transport and power in northern Britain and killing three people in what meteorologists warned could be the worst storm to hit the continent in years.
BRUSSELS - British Prime Minister David Cameron's push to limit the free movement of people within the European Union won some support among wealthy western governments on Thursday but east European nations accused him of pre-election populism.
LONDON - Britain's day-to-day spending on public services is set to fall over the next five years to its lowest in relative terms since the end of World War Two, the government's fiscal watchdog forecast on Thursday.
LONDON - The British government said it plans to close tax loopholes used by hedge fund managers as it seeks to show it is forcing the rich to share the burden of tough austerity measures.
LONDON - Chancellor George Osborne celebrated a sharp turnaround in Britain's economy as vindication of his austerity push on Thursday, but said he would not relax his grip on public spending in the years ahead. | Video
LONDON - Britain's government is abolishing a transaction tax on shares purchased in exchange traded funds (ETFs) in an attempt to lure financial services activity from rival European centres.
The most important question now for Britain’s political and economic outlook is whether this week’s rhetorical divergence is a blip in the cooperation between Osborne and Carney or a harbinger of much bigger clashes over the government’s effort to stoke a pre-election property and mortgage boom.