LONDON Pay growth across British companies remains subdued and investment intentions among British services firms weakened further in the last quarter, a Bank of England survey of businesses showed on Wednesday.
LONDON British retail sales unexpectedly surged in August, boosting chances the Bank of England will raise interest rates for the first time in a decade at its next meeting. | Video
LONDON The Bank of England has chosen an unusual time to announce that British interest rates are likely to rise for the first time in more than 10 years.
WASHINGTON Bank of England Governor Mark Carney said on Monday that Brexit is likely to hurt Britain's growth prospects in the short term and push up inflation as the country adjusts to life outside the European Union. | Video
LONDON British lawmakers on Monday urged the government to address the status of cross-border pensions and insurance contracts after Brexit, saying time to make changes ensuring people continued to be paid was running out.
LONDON British households are feeling the tightest squeeze on their finances in three years and the Bank of England's signal that it is getting close to raising interest rates is likely to make things worse, a survey showed on Monday. | Video
LONDON Nurses, midwives and cleaners working in Britain's publicly-funded National Health Service (NHS) called on ministers to boost their salaries by 3.9 percent, in the latest push against a government-imposed cap on pay rises.
LONDON The prospect of British interest rates rising for the first time in 10 years grew on Friday when a Bank of England policymaker who had been its strongest advocate of ultra-low borrowing costs said rates might need to rise in the coming months.
LONDON Sterling's bounce back to a one-year high against the dollar this week may be welcome news for the Bank of England, but not for UK stock market investors.
LONDON Britain's competition regulator has launched an investigation into investment consultants following concerns about conflicts of interest in an industry advising on the management of over 1.6 trillion pounds of pension and other funds.
London The mayor of London plans to spend 250 million pounds buying land to tackle the city's affordable housing crisis, which he described on Wednesday as the single biggest barrier to prosperity for Londoners.
MILAN The surging euro has played spoilsport with what had become global investors' top trade this year -- buying European equities - though for some recent weakness in stocks offers a chance to reshuffle portfolios and stay invested.
LONDON The Bank of England said it was likely to raise interest rates in the coming months if the economy and price pressures keep growing, giving its clearest signal to date that Britain's first rate hike in a decade is approaching.