Chancellor George Osborne has announced the government will step up the privatisation of Lloyds by adopting a six-month trading plan to sell more of the state-owned shares in the bailed-out bank.
SYDNEY (Reuters) - Asian share markets rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus.
He is the author of a report which says governments were under too much public pressure to spend, and ignored some of the warning signs about the economy.
WASHINGTON (Reuters) - The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep rates near zero for a "considerable time" in a show of confidence in the U.S.
A government-commissioned report on the sale of Royal Mail has concluded that �180m more might have been realised from the sale, but broadly backs ministers' cautious approach to pricing.