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.
LONDON (Reuters) - The Co-operative Group on Thursday appointed financial and political heavyweight Paul Myners to its board, to help lead a review of how the troubled customer-owned group is run.
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.
The government is losing �55 billion a year in taxes due to fraud and error, MPs have warned. The Public Accounts Committee's (PAC) estimate of the shortfall is higher than HM Revenue & Customs' calculations of the 'tax gap', which it has said stands at �35 ...
LONDON (Reuters) - The Bank of England's forward guidance policy will give only a small boost to economic output, and one which depends on how well the public understand it, BoE policymaker Martin Weale said on Wednesday.