Bank of England sees oil slump weighing a bit on inflation
LONDON Bank of England policymakers expect the recent plunge in oil prices will weigh a bit on British inflation in the coming months but said it remains unclear if the impact would be lasting.
Lofty valuations and crumbling commodities raise doubts over European dividends
LONDON Investors looking to dividends as a shelter from volatile European markets will be challenged this year, with payouts in jeopardy from falling commodity prices and lofty valuations of usually dependable payers.
First UK rate rise call pushed to Q3; EU future main economic concern - Reuters poll
LONDON The Bank of England will hold off raising interest rates at least until July - later than economists forecast as recently as last week, according to a Reuters poll.
UK motor insurance premiums see biggest rise since 2011
Comprehensive car insurance premiums in Britain rose 13.2 percent in 2015, the biggest annual rise since 2011, according to Confused.com's car price insurance index.
Amateur landlords under attack as British home ownership falls
LONDON They have pocketed some of the most lucrative returns available to investors in recent decades and been a staple of newspapers' personal finance pages, but tougher times now lie ahead for Britain's army of small-time landlords. | Video
Direct Line expects claims of 110-140 million pounds from three UK storms
Direct Line Insurance Group Plc said it expected up to 140 million pounds of claims from customers affected by the three storms that hit Britain last month, lesser than analysts' estimates.
British employers keep tight grip on pay despite recovery
LONDON Britain's economy is heading into its seventh year of growth after the financial crisis but for many employers such as Mike Naylor, who runs a small metal-casting firm, business is too uncertain to raise staff pay by much this year.
UK insurers expect to pay out 1.3 billion pounds for flood damage
LONDON Britain's insurers are expected to pay 1.3 billion pounds to cover damage caused by floods in December and early January, the Association of British Insurers said on Monday.
UK permanent starting salary growth hits two-year low in December
LONDON Salaries for people starting permanent jobs in Britain rose at the weakest pace in over two years in December, further clouding the outlook for the kind of wage growth needed to fuel Britain's economic recovery, a survey showed.
British retirees cash out more savings after rule changes
LONDON Most British savers retiring between July and September last year fully cashed out their pension pots after rule changes, the financial markets regulator said, feeding concern they are not seeking financial advice.
Both immigrants and IT startups suffer in Swedish housing shortage
STOCKHOLM Despite its robust economic growth, Sweden is facing a housing shortage that affects rich and poor alike; immigrants are sometimes living five to a room and employees in the booming tech sector have also struggled to find suitable accommodation.
Euro zone bond investors get that Helsinking feeling
LONDON An economy in recession rocked by anti-austerity protests, hefty debt issuance and worries about its top credit rating - the year is not shaping up well for Finland's bond market.
Osborne says interest rates will rise at some point
LONDON Chancellor George Osborne said on Thursday there will come a point when interest rates rise from record low levels in Britain, and that could be interpreted a sign of economic strength.