Germany, Britain lead Europe’s nascent economic recovery
BERLIN/LONDON (Reuters) - Germany confirmed on Friday it had enjoyed its fastest rate of economic expansion in more than a year in the second quarter, and Britain revised up its...
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Lower UK borrowing still in sight despite surprise July deficit
LONDON (Reuters) - Britain's public finances showed an unexpected deficit in July, although a recovering economy means the government still looks likely to meet its goal of reducing borrowing this...
Signs of weakness mar UK economic growth
LONDON (Reuters) - Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell,...
Bank of England remit reassures gilt market-debt chief
LONDON (Reuters) - Investors in British government bonds will welcome confirmation of the Bank of England's inflation target in its new mandate released on Wednesday, the country's chief debt issuer...
Bank of England sees slow recovery and high inflation
LONDON (Reuters) - Britain's economic recovery will prove slow, high inflation will take longer to fall, and the central bank can do little on its own to improve matters, Bank...
Olympics help Britain leap out of recession
LONDON (Reuters) - Olympics spending fuelled Britain's strongest quarterly growth in five years, springboarding the country out of recession in the third quarter, data showed on Thursday It provided some...
Olympics help Britain leap out of recession
LONDON (Reuters) - Olympics spending fuelled Britain's strongest quarterly growth in five years, springboarding the country out of recession in the third quarter, data showed on Thursday It provided some...
Bank of England in no rush to act despite bleak economy
LONDON (Reuters) - The Bank of England slashed its outlook for British economic growth to zero for this year, as euro zone "storm clouds" cast a long shadow and scars...
UK service firms step up hiring despite unexpected slowdown
LONDON (Reuters) - Business in the British service sector grew more slowly than expected in April as clients remained cautious, although firms' optimism rose to a two-year high and hiring...
UK service firms step up hiring despite unexpected slowdown
LONDON (Reuters) - Business in the British service sector grew more slowly than expected in April as clients remained cautious, although firms' optimism rose to a two-year high and hiring...