Carney said it would be a mistake 'to rush to a more extreme response'. Photograph: Stefan Rousseau/PA. Britain's economy needs sustained low interest rates to spur growth and repair the stricken banking sector, the Bank of England governor Mark Carney ...
Annual wage rises are not expected to return to their historic norm of around 2% for a couple of years, the head of the UK's official fiscal watchdog has told MPs.
Lloyds Banking Group Plc (LLOY), Britain's largest mortgage lender, is selling its stake in St. James's Place Plc (STJ) for about 701 million pounds ($1.2 billion) as it focuses on its main retail and commercial businesses.
Scottish consumers will pay more for food if they vote for independence in next year's referendum because Britain's big supermarket chains plan to raise their prices north of the border, senior executives have warned.
Oil explorer lines up new directors in a move that could breach terms of a deal struck with investors, Sky News understands. 3:49pm UK, Monday 09 December 2013.