In Campaign to keep Britain in EU to be headed by ex-M&S boss
Ex-Executive Chairman of Marks & Spencer and current Chairman of online grocer Ocado, Stuart Rose (Lord Rose), a Tory peer, is to head the...
UK construction output fell 4.3% in August
According to the Office for National Statistics (ONS), construction output in the UK fell 4.3% in August - the biggest drop since 2012.
In the...
UK is not immune to global economic risks, warns Osborne
Chancellor George Osborne warned on Friday that global economic risks are rising and the UK will not be immune, adding that recovery will slow...
Brexit movement Vote Leave recruits millionaires across the political spectrum
Vote Leave is the name of the new cross-party Brexit (Britain exiting the EU) campaign. It has the financial backing of several millionaires who...
BoE votes to keep rates at 0.5%, triggering FTSE gains
The Monetary Policy Committee of the BoE (Bank of England) voted by a majority of 8-1 to maintain the Bank Rate at 0.5%, a...
IMF cuts global growth forecast to 3.1% in 2015 and 3.6% in 2016
The International Monetary Fund cut its global growth forecasts again and warns that "global financial stability is not yet assured”.
The IMF expects the global...
Next global meltdown looming closer, warns IMF
The chances of another global financial meltdown are increasing significantly, the International Monetary Fund (IMF) warns. It is no longer a question of whether...
EU takes aim at migrant smugglers
The EU (European Union) has activated Operation Sophia, a coordinated military operation aimed at catching migrant smugglers by intercepting their boats in the southern...
Wall Street facing worst year since 2008
Not since the death of Lehman Brothers in 2008 has Wall Street had such a bad year. Experts say 2015 is set to be...
Government to sell £2 billion stake in Lloyds to the public
The UK government announced that it plans to sell £2 billion worth of Lloyds shares to retail investors next spring.
The sale would see the bank...