British economic growth slows to 0.5% in third quarter
British economic growth in the third quarter (July to Sept) was just 0.5%, compared to 0.7% in the second quarter (Apr to June), the...
UK mortgage approvals dropped in September
Banks in the UK approved the fewer mortgages in September - the lowest number since May - and net credit lending card also dropped...
No second British EU referendum, says Cameron aide
A senior aide to Prime Minister David Cameron said there will be no second British EU referendum. If people vote to leave the European...
Caledonia Investments acquires 130 bingo clubs in the UK for £240m
Caledonia Investments Plc is set to become one of Britain’s largest bingo club operators.
The investment trust agreed to acquire a chain of bingo halls...
Farmers must publicize EU funding with billboards
Farmers and landowners who received funding will have to put up billboards, posters or plaques publicizing the fact, after a new ruling imposed by...
FTSE 100 rose to two-month high after China cut rates
The UK FTSE 100 Index rose to a two-month high on Friday after China completed another round of interest rates cuts.
The FTSE 100 climbed 1.06...
China cuts interest rate in attempt to boost economy
China, whose economy is rapidly slowing down, has reduced its one-year benchmark interest rate by 0.25 of a percentage point to 4.35%. This is...
Northern Powerhouse deals announced by China and Britain
Several deals and partnerships between China and Britain are to be announced, aimed at unlocking the potential of the ‘Northern Powerhouse’ – a proposed...
UK’s three largest banks face £600mn bill over forex rigging
According to a new report, three of the UK’s largest banks have been hit with a $924m (£600m) bill over their involvement in forex...
BoE to help small firms compete in the mortgage market
A Bank of England official said on Thursday that the central bank will help small lenders determine how much capital they should set aside...