LONDON (Reuters) - The Bank of England told British banks on Friday they will be required to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected.
LONDON�Britain will repay a chunk of old debt. Really old debt, some of which was used to bail out the South Sea Company when it collapsed in 1720.
The threat of a triple-dip recession in the eurozone, civil unrest in China and the Ebola crisis have created an unprecedented number of headwinds for the global economy, according to the chief executive of WPP.
Photo. Ross McEwan, the R.B.S. chief executive, called the currency inquiry set aside �appropriate provisions.�Credit Peter Macdiarmid/Getty Images.
Wholesale gas prices in the UK today hit a record low for supplies to be delivered in November and December, adding to pressure on energy firms to cut household bills.