Business

Five Pound note (sterling).

UK GDP grew 0.7 percent in second quarter

0
The UK economy bounced back in the second quarter, driven by rebounding services activity and industrial output, according to the Office for National Statistics. The...
UBS

UBS expected to post Q2 revenue of 1.5 billion francs

0
UBS is expected to announce an increase in quarterly net profit of around 25 percent (year-on-year), according to SonntagsZeitung - citing an anonymous source. The...
Bank of England

UK interest rates could rise soon despite BoE vote to hold steady

0
All members of the Bank of England’s Monetary Policy Committee voted to keep interest rates at 0.5 percent on July 8, including Martin Weale...
rsz_uk_flag_min

UK government borrowing dropped to record low in June

0
UK government borrowing dropped in June to the lowest level for the month in seven years, suggesting that the recent economic recovery is helping...
FCA

Martin Wheatley standing down as head of FCA

0
There is now a global search for a new head of the Financial Conduct Authority (FCA) after it was announced that Martin Wheatley will...
Bank of England

Bank of England could increase interest rates this year

0
The Governor of the Bank of England indicated on Thursday night that interest rates in the UK could begin to increase by the end...
Photo_Alexis_Tsipras

Greece votes in favour of measures to secure a bailout

0
The Greek Parliament has voted in favour of austerity measures necessary to secure a third bailout for the country which is on the brink of...
London Stock Exchange

FTSE 100 ended higher on Wednesday, closes at 6,753.75

0
The FTSE 100 ended slightly higher on Wednesday after a small drop in morning trade. Despite concerns about developments in Greece, the benchmark index gained...
European Central Bank, Frankfurt

EU creditors agree on Greek bailout package worth 86 billion euros

0
A Greek exit from the European Union has been avoided thanks to an agreement made at an emergency Eurozone summit on Tuesday. Greece and its...
Five Pound note (sterling).

UK inflation dropped to zero in June

0
UK inflation dropped down to zero again in June, suggesting that the Bank of England will wait a while before raising interest rates. According to...