Two centuries ago, London bore witness to one of history's most bizarre events: an explosion at a brewery unleashed a tidal wave of beer.» Read More
The British government is considering deleveraging its shares in state-owned banks Lloyds’ Banking Group and Royal Bank of Scotland (RBS) by issuing stock to every taxpayer in the country, it emerged on Monday.
Rates can only go up when we believe the consumer can deal with them and that means when some of the pressures have started to ease.
Decisions by politicians on how to deal with debt on both sides of the Atlantic will be crucial to prevent another Lehman-style crisis, economists and analysts told CNBC in a debate about banking in the European Union and in the US.
Glencore closed its books a day early, suggesting strong demand for its upcoming $11 billion IPO. But there has also been much concern about whether the dual listing will do well given the recent volatility in commodities markets.
UK Chancellor George Osborne told CNBC on Tuesday that Britain is an example to countries like Greece on austerity.
Mervyn King, the Governor of the Bank of England, made it clear to the market on Wednesday that UK rates would have to rise at some point.
The Bank of England raised its medium-term inflation forecast to just under 2 percent in its May inflation report, potentially paving the way for a November rate rise.
Britain isn’t cutting its structural deficit by enough or doing it quickly enough and may need a bailout from its European partners, investor Jim Rogers told CNBC.
A referendum on voting reform and local elections looks set to test the UK’s ruling coalition as analysts predict that the Liberal Democrats will be punished at the ballot box.
Can't get enough royal wedding news? There's a wedding website to get all the nuptial details, with David Liu, The Knot chairman/CEO.
Shops have been filled with Union flags and all sorts of memorabilia ahead of the royal wedding, but the British may not be buying as much as retailers hope.
Prince William and Kate Middleton’s wedding is about to showcase a Royal Britain to billions of TV viewers around the world. But the real truth behind Windsor Money is as surprising as any fairytale.
CNBC's Simon Hobbs has more on what the royals are worth.
The bank could face a shareholder revolt over executive pay later Wednesday; it was warned it will be under scrutiny "for the foreseeable future".
Having just spent a week in the US I can confirm Americans and the British share an awful lot in common.
White schoolchildren in Britain’s poorest communities lag behind peers who are black or of Pakistani or Bangladeshi origin, a Financial Times analysis of more than 3 million sets of exam results reveals.
So, who is expected to be the richest in attendance at the royal wedding of Prince William to college sweetheart, Kate Middleton? Click to find out.
An investigation is under way into the handling of Prudential’s $35 billion aborted bid for Asian life assurer AIA, according to people familiar with the matter. The FT reports.
Rinat Akhmetov, Ukraine’s richest man, has bought the UK’s most expensive flat at the One Hyde Park residential development in London’s Knightsbridge, the FT reports.
More than 11,000 extra staff are forecast to be employed by banks and financial services firms across London over the next three years despite fears about regulation and taxation, reflecting renewed confidence in the capital and the wider economy.