Construction activity took an unexpected fall in August while the UK's trade deficit narrowed by less than forecast, adding to signs that the economy is losing momentum.
Glencore's unexpected decision to slash zinc output by a third sparked a broad-based rally in metal prices and mining shares, helping commodities to the biggest weekly gain since 2012.
The UK government has decided to convert part of its stake in Royal Bank of Scotland from non-voting B shares into ordinary shares to make them easier to sell, part of its push to privatise the state-backed banks.
LIMA, Peru (AP) - The last time the IMF held its annual meetings in Latin America, Ernesto "Che" Guevara was trying to spread Cuba's revolution throughout the hemisphere and much of the region was under the thumb of repressive dictatorships.
Yesterday's Bank of England October policy announcement resulted in the expected outcome whereby UK official rates were left unchanged following another 8-1 vote for so doing (Ian McCafferty was again the sole dissenter in favour of a hike).