LONDON British consumer morale suffered its sharpest drop in more than 26 years after last month's decision by voters to leave the European Union, according to figures that are likely to embolden Bank of England policymakers to take action next week.
LONDON A corporate makeover at Barclays (BARC.L) under CEO Jess Staley showed signs of paying off on Friday as the British bank reported an improved performance in its key businesses, helping send its shares up more than 8 percent.
Profits at estate agent Foxtons tumbled 42 per cent in the first half of the year, and it said the drop was due to the decision to quit the European Union denting Londoners' appetite for buying and selling homes.
The US economy expanded at a significantly slower pace than expected in the first half of 2016, data released on Friday showed, adding to concerns that weakness in the global economy and trouble in the oil industry may have had a greater impact than ...
LONDON The Bank of England (BoE) must decide over the coming week how much trouble Britain's economy is in following the shock vote to leave the European Union, and how much firepower it can throw at the problem.