Edition:
United States

Andy Bruce

7:13am EDT

UK consumer lending slows, caution reigns ahead of Brexit

LONDON British consumer borrowing grew at its weakest rate in nearly two years over the past three months, Bank of England data showed on Wednesday, highlighting households' sense of caution as Britain moved closer to leaving the European Union.

Mar 28 2017

British bonds buoyed by Brexit risks, but prone to inflation burn

LONDON Fast-rising inflation and growing talk of tighter monetary policy from the Bank of England may spell the end of a winning streak for British gilts, among the best performers in major government bond markets this year.

Mar 23 2017

BoE warns UK exporters pre-Brexit 'sweet spot' may not last

LONDON British exporters cannot count on enjoying the "sweet spot" which was created by the Brexit vote last year, a top Bank of England official said on Thursday, underscoring the BoE's cautious view on the outlook for the economy.

Mar 16 2017

Bank of England's Forbes votes for rate hike, others may follow soon

LONDON A Bank of England policymaker surprised investors by breaking ranks and voting to raise interest rates and some others said it would not take much for them to follow suit, the BoE said on Thursday, signaling a potentially bigger split soon.

Mar 15 2017

UK wage growth weakens but jobless rate lowest since 2005

LONDON Inflation gnawed away at British pay growth in the three months to January, an unpromising sign for the economy ahead of its divorce from the European Union even as the unemployment rate fell to its lowest level since 2005.

Mar 15 2017

Unusual sterling moves often precede UK data releases - analysis

LONDON Movements in the value of British sterling against the U.S. dollar have shown an unusual pattern shortly before monthly releases of the country's official retail sales data, according to an analysis by Reuters.

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 07 2017

Bank of England deputy urged to quit over undeclared conflict of interest

LONDON The Bank of England's new deputy governor Charlotte Hogg was urged to quit by a lawmaker on Tuesday after she admitted failing to declare a potential conflict of interest about her brother's role at Barclays , a bank overseen by the BoE.

Mar 07 2017

Signs of slowdown grow as Britain gears up to trigger EU divorce

LONDON British consumers are feeling the strain of rising prices caused by last year's Brexit vote, suggesting the economy is heading for a slowdown just as London gears up for divorce talks with the European Union, surveys and data showed on Tuesday. | Video

Mar 03 2017

UK economy's strong growth since Brexit vote starts to slow

LONDON Britain's unexpectedly strong economic growth since last June's Brexit vote may be starting to fade as inflation picks up, according to a major business survey that chimed with notes of caution from several top companies.

More From Around the Web

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary