George Osborne hopes to raise �3bn by selling another chunk of the government's stake in Lloyds Banking Group in a move that will test investor appetite for shares in the part-nationalised bank.
Wage growth in the UK is picking up, figures from the Office for National Statistics (ONS) indicate. In the August-to-October period, average earnings excluding bonuses were up 1.6% from a year earlier.
... * Blue-chip FTSE 100 index closes up 0.1 pct. * Energy, mining shares gain, track commodity prices. * Lloyds down as UK to sell more shares in six months.
The Federal Reserve moved almost imperceptibly today toward eventually raising interest rates. As expected, the rate-setting Federal Open Market Committee replaced its pledge to keep its key lending rate near zero for a �considerable time,� saying instead ...
Millions of consumers are getting an end-of-year boost: the main gauge of consumer prices fell in November by the largest amount in six years, driven down by plunging fuel costs and price declines for items such as clothing and used cars.