TOKYO (Reuters) - The Bank of Japan surprised global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April.
LONDON - Britain's government published proposals to give the Bank of England new legal powers to control residential mortgage lending on Thursday, but said it wanted more evidence before deciding on a BoE request to regulate lending to landlords.
Consumer confidence in the UK declined for a second straight month in October as Britons still remain pessimistic about the economy.
SuperGroup, the company behind the logo-laden Superdry brand, warned it would miss its full-year profits by as much as 17 per cent due to unseasonably warm weather in the last two months.
The government is to pay off part of the UK's First World War debt, as part of a redemption of bonds stretching as far back as the 18th century.