LONDON British retailers suffered their sharpest fall in sales in four years after last month's vote to leave the European Union, raising doubts about the ability of consumers to stave off a Brexit recession.
WASHINGTON The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year.
A legally-binding contract committing UK consumers to subsidise Britain's first new nuclear plant in a generation is expected to be signed on Friday, after the board of EDF meets to approve the �18bn project on Thursday.
Vinals, 62, will replace Sir John Peace when he stands down on December 1 after more than nine years at the British bank. The new chairman is currently head of financial stability at the International Monetary Fund - a role that he has held for seven ...
Britain's economy expanded at a good pace in the three months leading up to the EU referendum, according to data on Wednesday.