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  • Charles Goodhart, a close colleague of outgoing Bank of England Governor, Mervyn King, tells CNBC that he was not a tyrant but a perfectionist.

  •  Mervyn King Should Have 'Shouted Louder'

    Charles Goodhart, a former member of the Bank of England's Monetary Policy Committee, says outgoing governor, Mervyn King, should have "shouted louder" about the dangers brewing in the banking sector.

  • PMI 'Supportive' of Sterling: Pro

    Steven Saywell, European head of FX strategy at BNP Paribas, discusses sterling following better-than-expected services PMI and whether central bank stimulus has peaked in the U.K.

  • Tesco, the world's third-biggest retailer, slipped back to an underlying sales decline in the U.K. in the first quarter, raising doubts about a costly recovery plan for its home market.

  • A Better Time for Risk-Off Mode?

    With the U.K. economy in a slow growth environment and QE losing impact, it's a better time to be in risk-off mode, Philippe Bodereau, managing director and head of pan-European credit research at PIMCO, told CNBC.

  • Despite experiencing the coldest spring in 50 years, U.K. consumers beat the weather by posting a rise in retail sales, according to a new survey released Tuesday.

  • UK Top 350 Companies Under Pressure

    Gavin Oldham, CEO of The Share Centre, tells CNBC that a perfect storm between three sectors: mining, banking and oil and gas caused most damage to the UK's top 350 profits in 2012.

  • the-shard-london-200.jpg

    As western Europe's tallest building, The Shard, gets ready to celebrate its first birthday, skepticism about its popularity mounts amid revelations that only six of its 72 floors are in use.

  • Outgoing Bank of England governor Mervyn King says he regrets putting his career before his personal life, speaking on the BBC's Desert Island Discs he also revealed he will now take a 'grey gap year' and learn how to dance.

  • 'I'm the Worst Tipper': CNBC's Steve Sedgwick

    CNBC's Steve Sedgwick, comments on a survey which revealed that Germans are the best tippers in the world, and says he doesn't tip because "it's very hard to expense tips".

  • As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.

  • Co-Op Board Tries to Save Banking Business

    The Co-Op board must discuss how to save its banking business which is facing a 1.8 billion pound black hole. CNBC's UK business editor, Helia Ebrahimi, has more.

  • Worst Thing Carney Could Do Is More QE: Economist

    David Kern, chief economist at the British Chambers of Commerce, tells CNBC why the worst thing, incoming Bank of England governor, Mark Carney can do is more quantitative easing.

  • The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.

  • King's Legacy Overshadowed by Financial Crisis?

    Chris Giles, economics editor at The Financial Times, discusses the upcoming Bank of England interest rate decision, which will be Mervyn King's last.

  • Cramer sees a catalyst that could drive this bank stock considerably higher over the next 12-18 months.

  • German Chancellor Angela Merkel

    European countries planning a tax on financial transactions are set to drastically scale back the levy, cutting it by 90 percent, in what would be a major victory for banks.

  • We're In 'a Monty Python Script': Ryanair CEO

    Michael O'Leary, CEO of Ryanair, says the U.K.'s competition watchdog is "completely out of touch" and "irrelevant" following their decision that Ryanair should reduce its holding in Aer Lingus.

  • What Is Attracting Infrastructure Investment?

    Matthew Jones, partner and head of infrastructure at Nabarro, explains why the company's survey found the U.K. is the most attractive country for infrastructure investment.

  • Sterling Could Fall Below 1.37: Pimco

    Mike Amey, portfolio manager at Pimco, predicts a grim outlook for the UK economy, with limited prospects for growth and sterling likely to fall further.