Chancellor George Osborne delivered his Autumn Statement on 5 December 2013. While some of the policies had already been widely predicted, there were some surprises in the package announced.
Carney said it would be a mistake 'to rush to a more extreme response'. Photograph: Stefan Rousseau/PA. Britain's economy needs sustained low interest rates to spur growth and repair the stricken banking sector, the Bank of England governor Mark Carney ...
Airbus-owner EADS is axing 5,800 jobs in its defence and space arms, including about 450 in Britain, and closing its Paris headquarters as it refocuses the group on its soaring commercial aircraft business.
Lloyds Banking Group Plc (LLOY), Britain's largest mortgage lender, plans to sell its stake in St. James's Place Plc (STJ) for about 701 million pounds ($1.2 billion) as it focuses on its main retail and commercial businesses.
Scottish consumers will pay more for food if they vote for independence in next year's referendum because Britain's big supermarket chains plan to raise their prices north of the border, senior executives have warned.