LONDON (Reuters) - Bank of England Governor Mark Carney said on Tuesday the amount of spare capacity in Britain's economy is probably slightly more than 1.5 percent, putting him on the dovish side of views on the Monetary Policy Committee.
In an update from its ongoing report into banking services for small-to-medium sized firms, the Office of Fair Trading has identified several possible competition concerns.
FRANKFURT (Reuters) - The European Central Bank will press banks to change the models they use to predict losses and take account of its views on asset valuation if the ECB is unhappy with their risk assessment, signalling an aggressive stance in its ...
LONDON (Reuters) - British manufacturers started 2014 on a solid footing in January but bad weather caused the broader measure of growth in industrial output to slow sharply, official data showed on Tuesday.
Work created by the effects of widespread flooding in the UK this year has seen the construction sector post its best employment results for six years.