UK’s Osborne gives Bank of England new powers to cap mortgages
By David Milliken and Ana Nicolaci da Costa LONDON (Reuters) - British finance minister George Osborne said on Thursday that he would give the Bank of England stronger powers to...
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UK industrial output growth quickens in April, recovery broadens out
By Ana Nicolaci da Costa and David Milliken LONDON (Reuters) - British industry enjoyed its strongest annual growth in over three years in April, in a further sign that the...
Asking prices for British homes hit highest on record in May
LONDON (Reuters) - Asking prices for homes in Britain hit a new record high in May, adding to concerns about the speed at which the housing market is growing. Asking...
Asking prices for British homes hit highest on record in May
LONDON (Reuters) - Asking prices for homes in Britain hit a new record high in May, adding to concerns about the speed at which the housing market is growing. Asking...
Changes in Britain’s manufacturing model could mute risk from rise in sterling
LONDON (Reuters) - Britain's economy is likely to weather the year-long rise in the pound even if some policymakers are worried that a further strengthening of the currency could hurt...
Lower UK gilt issuance reflects new pensioner bond, says debt agency head
LONDON (Reuters) - Britain's plans to sell fewer bonds than forecast in the coming financial year partly reflects the introduction of a new pensioner bond, the head of the country's...
British EU vote unlikely before 2020 if Labour wins power, Miliband says
LONDON (Reuters) - A future Labour government would only hold a referendum on Britain's membership of the European Union before 2020 if more powers were transferred to Brussels, party leader...
British EU vote unlikely before 2020 if Labour wins power, Miliband says
LONDON (Reuters) - A future Labour government would only hold a referendum on Britain's membership of the European Union before 2020 if more powers were transferred to Brussels, party leader...
UK housing not overheating, rates not at lows forever: BoE’s Miles
LONDON (Reuters) - Britain's housing market is not overheating but interest rates will not remain at record lows indefinitely, Bank of England policymaker David Miles said in an interview on...
UK politics pose risk to business investment: CBI
LONDON (Reuters) - Political uncertainty in the run-up to Britain's 2015 election poses a risk to vital business investment, the Confederation of British Industry said on Tuesday. The Bank of...