David Milliken

Britain on track to meet budget goal despite tax shortfall

November 4, 2021 at 1:09 a.m.

LONDON (Reuters) - Lower income and corporation tax receipts dragged Britain's public finances to a much smaller than usual seasonal surplus in January, but the government still looks on track...

UK retail sales show fastest annual growth since 2011: BRC

August 25, 2021 at 1:12 a.m.

LONDON (Reuters) - British retail sales rebounded last month after a weak December to record their strongest annual growth since April 2011, helped in part by a recovery in the...

UK recovery hurt by EU exit debate, says junior coalition partner

August 25, 2021 at 12:45 a.m.

LONDON (Reuters) - Uncertainty over Britain's membership of the European Union is holding back economic recovery, a leading member of the junior partner in the coalition government said on Monday....

UK insurers plan to invest 25 billion pounds in infrastructure

August 24, 2021 at 10:52 p.m.

LONDON (Reuters) - British insurers plan to invest 25 billion pounds ($41 billion) in transport and energy projects over the next five years, the finance ministry said on Wednesday, a...

Fed should try to break boom-bust cycle, says ex-RBNZ chair

August 24, 2021 at 9:10 p.m.

LONDON (Reuters) - The U.S. Federal Reserve should try to stop a damaging cycle of booms and busts by breaking investors' expectations that it will mop up after future asset...

Bank of England dissent, robust jobs data raise low-rates doubts

August 24, 2021 at 7:14 p.m.

LONDON (Reuters) - Unexpected dissent from a Bank of England policymaker and robust jobs data cast doubt on Wednesday on the new central bank governor's flagship policy of keeping interest...

British-Swiss tax shortfall could leave banks out of pocket

August 24, 2021 at 5:52 p.m.

ZURICH/LONDON (Reuters) - Swiss banks could end up as much as 500 million francs ($520 million) out of pocket as British clients who have dodged tax spurn a deal aimed...

British Chambers of Commerce report highest confidence since 2007

August 24, 2021 at 5:51 p.m.

LONDON (Reuters) - British business confidence is the highest since 2007, bolstered by fast-rising exports, a survey showed on Tuesday, in fresh evidence that Britain is slowly recovering from the...

Bank of England to keep policy steady at King’s last meeting

August 24, 2021 at 4:25 p.m.

LONDON (Reuters) - Bank of England Governor Mervyn King is unlikely to convince the central bank to restart its bond-buying program when he attends his final Monetary Policy Committee meeting...

Bank of England’s King plans to waltz into the sunset

August 24, 2021 at 4:09 p.m.

LONDON (Reuters) - Dance lessons are one of Bank of England Governor Mervyn King's few clear plans for his retirement when he steps down later this month after 20 years...

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