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.
EVERY family in Britain loses at least �3,000 a year due to fraud, error and unpaid taxes, MPs warned today. By: Martyn Brown. Published: Thu, December 12, 2013.
Martin Weale has already broken ranks with governor Mark Carney over the significance of the 7% employment target. Photograph: Bank of England.
Shares in Imagination Technologies, the UK business that designs graphics chips for Apple's iPhone, lost nearly a quarter of their value on Wednesday after results indicated the company was losing market share.