US markets surged to record highs on Wednesday as US Federal Reserve chairman Ben Bernanke said the American economy was in better health than a year ago, but warned that slamming the breaks on its fiscal stimulus package would jeapordise the ...
The timing of Easter and the freezing weather seen at the start of the month caused retail sales to fall by 2.2 per cent on an annual basis.
By Alistair Smout. LONDON | Wed May 22, 2013 5:07pm BST. LONDON (Reuters) - Growth sensitive sectors drove FTSE 100 to fresh 13 year highs, receiving a boost after the top U.S.
George Osborne is preparing to set out his plans to return bailed-out Lloyds Banking Group and Royal Bank of Scotland to the private sector after the International Monetary Fund called on him to devise a "clear strategy" for the two banks.
Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.