LONDON (Reuters) - Britain's economy will expand at its fastest rate in seven years in 2014, thanks to strengthening household consumption, but high household debt will slow growth in 2015, the British Chambers of Commerce (BCC) said on Thursday.
The bank agrees to pay $100m in the US after an investigation into alleged illegal transactions with Iran, Sudan, Burma and Cuba. 11:40pm UK, Wednesday 11 December 2013.
The amount spent by UK shoppers online increased on average by 16% per person in 2012 compared to 2011, according to the latest data from Ofcom.
LONDON (Reuters) - PSA Peugeot Citroen's (PEUP.PA) board has approved a plan for an alliance with Dongfeng (0489.HK) in which the Chinese carmaker and the French state would buy large minority stakes at a 40 percent discount to Peugeot's current ...
Bank of England policymaker Martin Weale has broken ranks with governor Mark Carney by expressing doubts about the effectiveness of forward guidance policy on encouraging economic growth.