TOKYO (Reuters) - The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April.
The UK government has announced it will repay a small portion of government debt that can trace its lineage back to the 19th century.
Wholesale gas prices in the UK today hit a record low for supplies to be delivered in November and December, adding to pressure on energy firms to cut household bills.
Britain's banks will be forced to maintain significant financial safety nets under rules announced on Friday that industry leaders say could raise the cost of mortgages and penalise building societies.
Inflation in the eurozone rose slightly in October, giving some hope that the spectre of deflation can be staved off. The flash figure of 0.4% was up from 0.3% in September, Eurostat said.