United States

William Schomberg

Bank of England says failure to reach end-October Brexit deal would hurt growth

Sep 19 2019

LONDON The Bank of England said Brexit uncertainty and slower world economic growth were increasingly causing Britain's economy to perform below its potential, and that a failure to reach a deal to leave the European Union by Oct. 31 would worsen the problem. | Video

UK inflation falls to lowest since 2016 in pre-Brexit boost to consumers

Sep 18 2019

LONDON Consumer prices in Britain rose last month at the slowest rate since December 2016, a pre-Brexit boost to the spending power of households who are also seeing the fastest wage growth in 11 years. | Video

UK pay growth hits 4% for first time since 2008 but hiring slows

Sep 10 2019

LONDON Britain's workers received their biggest pay rises in more than 11 years this summer as the unemployment rate fell back to its lowest since the mid-1970s, even as the country's political crisis over Brexit deepened. | Video

UK's Javid ramps up spending as election talk mounts

Sep 04 2019

LONDON British finance minister Sajid Javid said he was "turning the page on austerity" as he promised the biggest spending increases in 15 years, a move widely seen as part of Prime Minister Boris Johnson's push for an election to break the Brexit impasse.

UK's Javid set to boost spending as prospect of election grows

Sep 03 2019

LONDON British finance minister Sajid Javid will announce increases in public spending on Wednesday, preparing the ground for a possible snap election call by Prime Minister Boris Johnson who is seeking a way to break resistance to his Brexit plans.

Chelsea waste two-goal lead to draw 2-2 with Sheffield United

Aug 31 2019

LONDON Chelsea threw away a two-goal lead to draw 2-2 with newly promoted Sheffield United on Saturday, leaving Frank Lampard still looking for his first home win as manager of the Blues, and for ways to stop leaking goals.

UK's finance minister promises more spending, fuels election speculation

Aug 28 2019

LONDON New British finance minister Sajid Javid said he will announce higher public spending on health, education and the police next week in order to "clear the decks for Brexit," a move seen by many as preparation for an early election.

UK expenditure strains budget as Johnson eyes more spending

Aug 21 2019

LONDON Higher government spending ate into Britain's seasonal budget surplus in July, underlining the budget constraints facing Prime Minister Boris Johnson, who has promised to boost outlays as he prepares the country for Brexit.

Leicester crash Lampard's Chelsea home-coming party

Aug 18 2019

LONDON Chelsea manager Frank Lampard had to settle for a 1-1 draw against Leicester City in his first home match in charge on Sunday as a second-half header by Wilfred Ndidi cancelled out Mason Mount's early goal on his home debut.

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