Mr Bernanke told US congressmen that the American economy was in better health than a year ago, but warned that a sudden end to the fiscal stimulus package would jeopardise that recovery.
Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.
The British government holds an 81 percent stake in the Royal Bank of Scotland. Toby Melville/ReutersThe British government holds an 81 percent stake in the Royal Bank of Scotland.
Britvic is to cut up to 400 jobs - 15 per cent of its workforce - as part of efforts to bolster its fortunes as a standalone company should competition authorities squash its proposed tie-up with Scottish peer AG Barr.
The amount of food bought by Britons has dropped to its lowest in nearly ten years as shoppers shun the high street amid cold weather and the uncertain economy, according to official figures.