TOKYO (Reuters) - The Bank of Japan surprised global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April.
The UK Government has said that it will 'retire' �218m of the UK's �2bn First World War debt by refinancing bonds issued in 1917.
Britain's banks will be forced to maintain significant financial safety nets under rules announced on Friday that industry leaders say could raise the cost of mortgages and penalise building societies.
Euro-area inflation accelerated from a five-year low in October, offering some reprieve to European Central Bank policy makers struggling to prevent a spiral of price declines.
LONDON, Oct 31 (Reuters) - Fashion firm SuperGroup's new boss said he would not react with price cuts after becoming the latest British retailer to warn on profits as warm autumn weather hits demand for winter wares.