British, Spanish PM urge `real` reform of eurozone

Last Updated: Friday, September 4, 2015, 16:06

The prime ministers of Britain and Spain called for a "real reform of the eurozone" that makes growth and free trade a priority, in a joint newspaper column published Friday ahead of their talks in Madrid.

Britain says wants to work with Iran on trade and investment

Last Updated: Sunday, August 23, 2015, 19:40

Britain said on Sunday that it wanted to work with Iran`s central bank to make it easier for UK banks to finance trade and investment in the country after a thaw in diplomatic relations.

British inflation rate edges up from zero

Last Updated: Tuesday, August 18, 2015, 15:56

"A smaller fall in clothing prices on the month compared with a year ago was the main contributor to the rise in inflation."

UK starts RBS sell-off with $3.3 billion stake sale

Last Updated: Tuesday, August 4, 2015, 13:42

Finance Minister George Osborne on Tuesday hailed the start of returning RBS to the private sector and said it was right to commence selling at a loss to the price paid in the 2008 rescue.

Seven years after bailout, Britain starts RBS sell-off with $3 bn stake sale

Last Updated: Monday, August 3, 2015, 23:42

Britain started the sale of a 2 billion pounds ($3.1 billion) stake in Royal Bank of Scotland (RBS) on Monday, beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisis.

''Brexit'' fears haunt London's roaring trade in euros

Last Updated: Wednesday, July 22, 2015, 21:23

The capital of euro trading prospers outside the euro zone, but London`s dominance of the $5.3 trillion-a-day foreign exchange market could wane if Britain left the European Union.

British finance watchdog chief steps down

Last Updated: Friday, July 17, 2015, 19:27

The head of Britain`s Financial Conduct Authority has decided to step down, the financial market regulator said on Friday.

Apple Pay launches in Britain, with hiccups

Last Updated: Tuesday, July 14, 2015, 16:01

Apple introduced mobile payments in Britain on Tuesday, hoping to make a splash with consumers familiar with using cards for tap-and-go purchases, as resistance from hold-out banks and stores appeared to evaporate.

British inflation rate falls back to zero

Last Updated: Tuesday, July 14, 2015, 15:41

Britain`s annual inflation rate turned flat in June from the previous month on the back of falling clothing and food prices, official data showed Tuesday.

UK economic growth revised higher: Data

Last Updated: Tuesday, June 30, 2015, 14:53

Britain`s economy grew more than expected in the first quarter but output was still lower compared with the end of last year, official data showed on Tuesday.

Europe's bankers fear Brexit more than Grexit

Last Updated: Thursday, June 25, 2015, 19:44

The possibility of Britain leaving the European Union sometime in the future worries European bankers a great deal more than the prospect that Greece might be on its way out soon.

Apple's mobile payments to launch in Britain

Last Updated: Tuesday, June 9, 2015, 02:02

Apple announced on Monday it would launch its tap-to-pay mobile payments system in Britain next month, allowing iPhones to be used to pay at 250,000 locations including London's transit system.