GlaxoSmithKline shares jumped 3 percent after the U.K.-listed pharmaceutical giant reported second-quarter earnings per share that were slightly higher than forecast on Wednesday.» Read More
The UK banking industry has begun to respond to the Independent Commission on Banking (ICB) interim report into the future framework within which they would have to work if they want to remain headquartered in the UK.
Few men would feel comfortable hearing their future wife compared to their mother. But that is what Prince William would face week in, week out, had he the time and inclination to wade through the royal press cuttings.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
The UK economy returned to growth in the first quarter of 2011 but the outlook for the rest of the year remains worrying, according to a report published Tuesday by the British Chambers of Commerce (BCC).
Barclays is considering moving its global headquarters from London to New York.
Protestors are expected to target the wedding of Prince William and Kate Middleton, the Head of London’s public order police division has told the UK’s Daily Telegraph Monday.
Scottish politicians accused George Osborne of using North Sea resources to “fuel his Budget”, saying the chancellor had given too little in return for his unexpected £2 billion tax raid on the oil and gas industry, reports the Financial Times.
The UK government's plan to change its plans for taxes on overseas profit is the main reason advertising giant WPP is considering returning to the country, CEO Sir Martin Sorrell told CNBC Thursday.
Doping is the most serious threat to the integrity of next year's London Olympic Games, British Minister for Sport and the Olympics Hugh Robertson said on Thursday.
European regulators should stop banker-bashing and allow banks to do their job or risk losing ground to competition from the US, Middle East and Asia in the financial sector, Howard Wheeldon, senior strategist at BGC Partners, told CNBC.com.
Google became the world's most valuable brand this year, while Coca Cola dropped out of the top ten global brands for the first time, according to the 2011 Brand Finance ranking of the most valuable 500 brands across the globe.
Warwick Castle – situated in the center of England and promoting itself as ‘Britain’s Ultimate Castle’ - is currently recruiting for a Consultant Dragonologist.
Liverpool residents have voiced their anger at cuts by the government, which will leave them without many public services they relied on. The Financial Times reports.
At the London Olympics in 2012, the public will have plenty of reason to keep their eye on Jamaica's track and field team.
Kate Kelly goes one-on-one with the two key players behind an ambitious new UK hedge fund launching in early April, which is promising its investors outsized returns using millions of random tweets to predict changes in the stock market.
Last fall, Indiana University informatics professor Johan Bollen stumbled upon an astonishing connection: That the social network Twitter could predict swings in the Dow Jones Industrial Average with 87 percent accuracy.
Anti-poverty campaigners the World Development Movement argue that banks and hedge funds are helping to drive up the price of food to record levels through "reckless speculation on basic foods such as wheat and sugar."
Both the euro area's public debt and public deficit are lower than those in the US, so the euro and European stocks could post a strong rise this year, Peter Westaway, chief Europe economist at Nomura, said.
A mountain of debt is growing but because it is off governments' balance sheets it has been so far ignored, Albert Edwards, global strategist at Societe Generale, said.
One of the most enduring and successful figures in British public life has resigned as director of the London School of Economics, after new details emerged of the institution’s relationship with Libya. The FT reports.