LONDON: Britain’s new government named Andrew Bailey as the Bank of England’s next boss Friday, entrusting a veteran regulator and technocrat with steering...
LONDON: Britain’s economy looks to have dodged recession in the run-up to its deadline for leaving the European Union this month but the pace of growth has...
LONDON: The Bank of England said Britain faces its weakest economic growth in a decade this year as uncertainty over Brexit mounts and the global economy...
LONDON: The Bank of England pushed interest rates above their financial crisis lows Thursday, but signaled it was in no hurry to raise them further as Britain...
LONDON: Cryptocurrencies such as Bitcoin are failing as a form of money and have shown clear signs of being a financial bubble, but their technology could...
LONDON: Britain is expected to choose a new central bank chief this year to succeed Canadian Mark Carney, who will step down in June 2019, three months after...
LONDON: British consumers have suffered the longest decline in their spending power since the 1970s, raising questions about whether the Bank of England...
LONDON: British workers are suffering from an increasingly tight squeeze in their spending power, data showed Wednesday, adding to concerns about a slowdown...
BARI, Italy: Finance chiefs from many of the world’s leading rich nations pressed the United States Friday not to break a decadeslong global consensus in...
NEWTON FERRERS, England/ LONDON: Before last year’s Brexit vote, Scott McCready was struggling to fill his holiday cabins on the coast of southwest England....
LONDON: Richard Bunce says he felt sick when voters decided to take Britain out of the European Union in June, forcing him into a emergency review of his...
LONDON: Britain ramped up its borrowing forecasts by much more than expected and said the vote to leave the European Union would weigh heavily on the economy,...
LONDON: Britain’s first budget plan since the Brexit vote will seek to get the economy prepared for the challenges of leaving the European Union and help...
LONDON: The Bank of England scrapped its plan to cut interest rates and said borrowing costs could now move in either direction as the slide in sterling...
LONDON: Was British Prime Minister Theresa May sending a warning to Bank of England Gov. Mark Carney when she highlighted the damaging side-effects of his...
LONDON: Britain’s labor market showed little sign of taking a hit immediately after the country’s Brexit vote as the unemployment rate held steady and job...
LONDON: Gov. Mark Carney defended the Bank of England’s major stimulus package of last month as signs grow that the economy has held up better than expected...
LONDON: Britain’s public finances showed a smaller-than-expected budget surplus in the first month after the vote to leave the European Union, potentially...
The world’s biggest economies will work to support global growth and better share the benefits of trade, policymakers said Sunday after a meeting dominated by...
LONDON: After last month’s Brexit vote, Britain faces the challenge of carving out trade deals with the rest of the world, but a key thing is missing: a...
LONDON/DUBLIN: Britain has announced plans to cut corporation tax to less than 15 percent in an attempt to cushion the shock of the country’s decision to...
LONDON: Bank of England Governor Mark Carney said the central bank would probably need to pump more stimulus into Britain’s economy over the summer after the...
LONDON: The Bank of England escalated its warnings about the fallout from a British vote to leave the EU next week, saying it could harm the global economy...
LONDON: Britain’s current account deficit has surged to a record high, underscoring a weak spot in an economy that is coming under sharper focus before a vote...
LONDON: Uncertainty about the outcome of Britain’s referendum on leaving the European Union could hurt its economy, the International Monetary Fund said...