LONDON Britain posted a larger-than-expected budget deficit last month as government spending rose, a reminder that the next finance minister may have limited options to cushion any Brexit blow to the economy.
LONDON The Bank of England has acknowledged the glaring mismatch between its base-case scenario that Brexit will go smoothly and growing bets by investors that Britain's departure from the European Union is likely to be messy.
London, The Bank of England cut its growth forecast for Britain's economy to zero in the second quarter of 2019 and highlighted risks from global trade tensions and growing fears of a no-deal Brexit. | Video
LONDON The Bank of England cut its growth forecast for Britain's economy to zero in the second quarter of 2019 on Thursday and highlighted risks from global trade tensions and growing fears of a no-deal Brexit. | Video
LONDON Cold weather in May prompted the biggest drop in British retail sales this year as shoppers delayed buying summer clothes, adding to signs that the economy, struggling for momentum ahead of Brexit, is set for a weak second quarter.
LONDON, June 18 Boris Johnson got a further
boost in his campaign to become Britain's prime minister on
Tuesday when a second former rival in the race backed him to
lead the country out of its Brexit crisis.
LONDON Bank of England Deputy Governor Ben Broadbent added his voice to reminders from the central bank that it still wants to raise interest rates, but one of his colleagues, Gertjan Vlieghe, struck a different note by highlighting recent weak data.
LONDON British shoppers cut back on their spending last month by the most in more than 20 years, a retailers' group said, raising questions about how long consumers can keep on cushioning the economy from the impact of Brexit.
BAKU Eden Hazard scored twice and created a third to steer Chelsea to a 4-1 victory over London rivals Arsenal in the Europa League final in what looks likely to be the Belgium winger's final game for the Blues.
BAKU Chelsea coach Maurizio Sarri, fresh from winning the first major title of his managerial career with a 4-1 win over Arsenal in the Europa League final, said he was happy in his role, despite persistent speculation he is close to a return to Italy. | Video