Swiss investors could move into London's property market to capitalize on the soaring Swiss franc, an asset management firm predicted Friday.» Read More
Britain finally approved a new 16 billion pounds ($33 billion) underground rail link across London designed to carry 200 million passengers a year and ease the capital's clogged transport network.
British pub group Marston's said on Thursday its full-year pretax profit would be slightly below its expectations due to the impact of higher interest rates, though strong trading conditions continued.
Britain's competition watchdog criticized the level of service at Heathrow and Gatwick airports Wednesday and recommended a cap on the amount airports operator BAA can charge airlines.
Online advertising spend in Britain grew 41% in the first half of 2007 to give it a market share of almost 15%, new data showed on Tuesday.
The London Stock Exchange Group completed a $2.3 billion acquisition of Borsa Italiana on Monday even as takeover talks swirled about the British exchange.
Britain will raise depositors' protection on their savings to 35,000 pounds, finance minister Alistair Darling will say on Monday after the country suffered its first bank run in more than a century last month.
The Bank of England (BoE) today categorically rejected reports that its stash of gold is losing purity.
British Airways ended decades of loyalty to Boeing's 747 jumbo with a switch to Airbus's new A380 superjumbo on Thursday as it announced a mixed plane order worth up to $8.2 billion.
The Lloyd's of London insurance market's pretax profit for the first six months of the year jumped 34% thanks to high premiums and low catastrophe claims, it said on Thursday.
A Qatari investment fund that has made a preliminary bid of about $21.3 billion for J Sainsbury said Tuesday that it is holding confidential talks with the British grocer's pension fund.
Turmoil in global markets has tested the stability of the British financial system but the economy remains strong, Prime Minister Gordon Brown said on Monday.
Metronet, the company that collapsed while upgrading two thirds of the London Underground rail network, will have to absorb at least 1 billion pounds ($2 billion) of overspending, the government's arbiter said on Friday.
Europe's biggest bank, HSBC Holdings, has rejected calls from an activist investor for it to review its strategy and shake up its corporate governance, people familiar with the situation said on Thursday.
The Qatar Investment Authority said on Thursday that a wholly owned subsidiary, Qatar Holding, had bought a 20% stake in the London Stock Exchange.
Five major British supermarket chains and five processing companies fixed prices on dairy products, adding hundreds of millions to consumer bills, the Office of Fair Trading said Thursday.
Most banks in Europe are not likely to be hit very hard by the recent turmoil in credit markets, and the Northern Rock crisis is not likely to spill in the U.K. mortgage sector, two top ratings agencies said Wednesday.
U.K. insurer Standard Life is considering a cash-and-shares bid for Resolution, it said on Wednesday, once again throwing into doubt Resolution's agreed nil-premium merger with rival Friends Provident.
Shares in embattled British bank Northern Rock tumbled 20% to an all-time low on Wednesday as speculation of a cut-price takeover bid combined with stake sales from two investors stoked concerns over its future
All nine members of the Bank of England's Monetary Policy Committee voted to keep interest rates at 5.75% earlier this month, judging it was too soon to tell how financial market troubles would play out.
Harry Potter publisher Bloomsbury Publishing saw first-half sales jump 36.5% as export orders for the seventh Harry Potter book and 34 international bestsellers kept bookworms flocking to stores.