The UK government has finally decided to pay off part of the nation's First World War debt. George Osborne, the Chancellor of the Exchequer, will today announce the redemption of bonds, some of which stretch as far back as the eighteenth century.
(Open): Shares were given a boost in early trade after the Bank of Japan (BOJ) surprised markets by announcing more stimulus measures.
LONDON - Britain's government published proposals to give the Bank of England new legal powers to control residential mortgage lending on Thursday, but said it wanted more evidence before deciding on a BoE request to regulate lending to landlords.
Consumer confidence in the UK declined for a second straight month in October as Britons still remain pessimistic about the economy.
British Airways parent IAG SA (IAG) boosted third-quarter earnings 30 percent, aided by increased capacity at the U.K. unit and reduced costs at Spain's Iberia.