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Europe Top News and Analysis United Kingdom

  • *Spain's government bond yield falls to three-week low. LONDON, March 24- Euro zone government bonds edged lower on Friday, changing direction as investors took advantage of an early rise in yields to buy, sending yields back down. Spain's 10- year government bond yields led the reversal dropping to a three-week low of 1.677 percent, down 4 basis points on the day...

  • LONDON, March 24- The Bank of England is to increase the fees it levies on the banks it regulates to meet additional costs resulting from Britain's move to leave the European Union- and may have to ask for more cash later on. The central bank's Prudential Regulation Authority published a consultation paper on Friday on its annual funding requirement for the...

  • LONDON, March 24- Copper steadied on Friday but was set to end the week almost 2 percent lower as workers agreed to resume work at the world's top copper mine in Chile. Investors this week were also jittery on prospects that President Donald Trump's healthcare bill would not pass, suggesting he may not be able to muster the backing needed to push through fiscal...

  • FRANKFURT, March 24- For companies in the European Union, London is the chief gateway to finance. Rerouting the financial lines that run through London will be complex, experts say. London dominates wholesale banking in Europe, a 5.8 trillion euro industry that includes financing for companies from big multinationals to family-owned firms that are the...

  • FRANKFURT, March 24- For companies in the European Union, London is the chief gateway to finance. Rerouting the financial lines that run through London will be complex, experts say. London dominates wholesale banking in Europe, a 5.8 trillion euro industry that includes financing for companies from big multinationals to family-owned firms that are the...

  • FRANKFURT, March 24- For companies in the European Union, London is the chief gateway to finance. Rerouting the financial lines that run through London will be complex, experts say. London dominates wholesale banking in Europe, a 5.8 trillion euro industry that includes financing for companies from big multinationals to family-owned firms that are the...

  • FRANKFURT, March 24- For companies in the European Union, London is the chief gateway to finance. Rerouting the financial lines that run through London will be complex, experts say. London dominates wholesale banking in Europe, a 5.8 trillion euro industry that includes financing for companies from big multinationals to family-owned firms that are the...

  • May had delivered her vision two days earlier for pulling Britain out of the European Union's single market. Now the Wall Street banks, fearing Britain was headed for trouble, wanted to hear more about her strategy. "We contribute a double-digit percentage to Britain's GDP.

  • LONDON, March 24- Sterling fell against the dollar and euro on Friday, retreating from the previous session's one-month highs, as investors braced for Britain's beginning the formal process of leaving the European Union next week. An interview with Bank of England policymaker Gertjan Vlieghe in The Times also laid out the argument for the Bank looking through...

  • DUBLIN, March 24- The nine-month Brexit "phoney war" is set to come to an end next week when British Prime Minister Theresa May notifies the European Union of Britain's intention to leave, starting two years of unprecedented negotiations. May will send a letter to European Council President Donald Tusk on Wednesday to trigger Article 50 of the Lisbon Treaty.

  • LONDON— Businesses across the 19- country eurozone, and particularly in France, are increasingly upbeat and hiring more people despite big uncertainties— including France's high-stakes presidential election. Business activity in France reached the highest since May 2011, even surpassing that of Germany, despite concern that the country's right-wing,...

  • LONDON, March 24- All eyes in global financial markets were fixed on stuttering Republican efforts to pass a replacement for Obamacare on Friday, with failure likely to undermine faith in Donald Trumps promise to deliver a "phenomenal" U.S. tax reform. The White House's ability to get legislation through Congress is crucial to "Trumpflation" bets on fiscal...

  • LONDON, March 24- The dollar edged up against the yen on Friday, recovering from its worst run of daily losses versus the safe-haven currency since 2010, but gains were capped by worries that U.S. And though the dollar edged up 0.2 percent to 111.19 yen on Friday, it has still fallen over 3 percent over the past fortnight-- its worst showing since early August 2016-- as...

  • *Euro govt bond yields rise 1-4 bps across the board. LONDON, March 24- Investors sold euro zone government bonds on Friday as reports on private-sector activity in the bloc provided further signals of economic growth, strengthening the case for a withdrawal of monetary stimulus. "It will be a confirmation of the economic strength in the euro zone, and that means...

  • Police patrol across Westminster Bridge toward the Houses of Parliament in central London on March 23, 2017 after the bridge reopened to traffic following its closure during the March 22 terror attack.

    Appeal to the public that if anyone knows the attacker, his associates or recent movements, they should contact the police.

  • 10 arrests in total over London terror attack

    CNBC's Willem Marx has the latest news surrounding London's terror attack Wednesday and the subsequent police investigation.

  • Guy Verhofstadt, president of the Alliance of Liberals and Democrats for Europe, discusses the timeline for future Brexit negotiations.

  • Article 50 triggering will be anon event

    Mouhammed Choukeir, chief investment officer at Kleinwort Hambros, adds that fundamentals in Europe and the U.K. are "very robust."

  • LONDON, March 24- Britain's Labour party has won five seats at elections in the City of London, the heart of the country's financial district, as it seeks to challenge the borough's centuries-old policy of independence from party politics. Britain's main opposition party, lagging far behind the Conservatives in national opinion under its current leader,...

  • Markets only react to terror attacks when they become a pattern

    Mouhammed Choukeir, chief investment officer at Kleinwort Hambros, adds that policymakers and businesses have taken recent terror attacks "on the front foot."