United States

Alistair Smout

Mar 23 2017

British retail sales suffer biggest squeeze in nearly seven years as inflation bites

LONDON British retail sales shrank at the fastest rate in nearly seven years during the past three months, despite a pickup in February, adding to signs that a major driver of Britain's economy is faltering after last year's Brexit vote. | Video

Mar 20 2017

$60 million 'Pink Star' diamond goes back on sale next month

LONDON A 59.60-carat diamond known as "The Pink Star" is returning to auction next month and could fetch a record $60 million, three years since it was sold for even more - only for the buyer to pull out of the deal. | Video

Mar 14 2017

BoE's Hogg resigns over failure to flag conflict of interest

LONDON The Bank of England's new deputy governor Charlotte Hogg has resigned for failing to declare a potential conflict of interest about her brother's role at Barclays Bank which had prompted an unprecedented rebuke from parliament. | Video

Mar 10 2017

UK factories see Brexit boost from weaker sterling

LONDON British factories enjoyed their strongest growth in nearly seven years in late 2016 and early 2017 and exports rose quickly, data showed on Friday, suggesting a boost for manufacturers from sterling's fall after the Brexit vote. | Video

Mar 08 2017

Hammond hits self-employed with tax hike, cuts dividend allowance

LONDON British Chancellor Philip Hammond announced a hike in tax rates for the self-employed in his first budget on Wednesday, coming under fire for breaking a pre-election pledge as he sought to raise revenue from a rapidly growing sector.

Mar 04 2017

Scottish investors Standard Life, Aberdeen mull $13.5 billion tie-up

LONDON Standard Life and Aberdeen Asset Management , two of Scotland's most well-known financial firms, are in talks over an 11 billion pound ($13.5 billion) tie-up to create Britain's largest investment manager.

Feb 28 2017

'Cowardly' Tunisian security forces let down beach attack victims: UK inquiry

LONDON "Cowardly" Tunisian security forces let down the victims of a shooting at a beach hotel, making "deliberate and unjustifiable" delays in their journey to the scene, a UK inquiry found on Tuesday.

Feb 24 2017

BA owner IAG reports profit rise, share buyback

LONDON British Airways owner IAG said it will return 500 million euros (423 million pounds) to investors after reporting higher annual profits on Friday, helped by cost-cutting and lower fuel costs.

Feb 23 2017

U.S. airline Surf Air to launch European routes in May

LONDON U.S. subscription-based airline Surf Air will launch in Europe in May, targeting people who fly business-class in a potential challenge to the continent's traditional airlines.

Feb 22 2017

Britain's top court backs government on immigration income test

LONDON Britain's top court backed a government attempt to limit immigration by ruling on Wednesday that an income test for those who want to bring their non-European spouses to the UK is acceptable and does not infringe human rights.

More From Around the Web


  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary