Europe Top News and Analysis United Kingdom

  • JP Morgan sign

    JPMorgan Chase may release on Wednesday additional results of internal probes into its $6.2 billion "London Whale" trading loss that could lead to a lower bonus for CEO Jamie Dimon, according to published reports.

  • The number of financial services staff sacked or suspended in Britain last year for reasons such as wrongdoing reached the highest level in five years, law firm Pinsent Masons said on Monday.

  • f-35 JSF

    Lockheed Martin Corp's new F-35 fighter jet has completed over a third of its planned flight tests, but it is still facing problems with the helmet needed to fly the plane, software development and weapons integration, according to a report by the Pentagon's chief weapons tester.

  • What New Euro Zone Bailout Bond Tells Us

    Europe's peripheral economies face a re-run of the U.K.'s "winter of discontent", with high unemployment and stagnant growth, according to a report by Goldman Sachs.

  • Earth Net

    Niklas Zennstrom, co-founder of Skype, believes the next hot tech business can come from anywhere around the globe.

  • london-bridge-200.jpg

    British industrial output grew less than expected in November, despite a strong rebound in oil and gas production, adding to evidence that the economy may have contracted in the last three months of 2012.

  • Honda-flag_200.jpg

    Car manufacturer Honda said on Friday it planned to cut around 800 jobs at its south Marston plant near Swindon in Britain by the second quarter of 2013.

  • Investors sifting through analysts' new year predictions for stock market movements may want to press "delete" and look instead for sound companies, as history shows equity index forecasts are usually wrong.

  • Samsung Electronics is looking to supply chips to more Chinese and other emerging smartphone makers to counter any fall-off in demand from Apple.

  • bank-of-england-200.jpg

    The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds.

  • EU-and-US-flag.jpg

    The Obama administration on Wednesday publicly signaled its growing concern about a possible British exit from the EU, just days before David Cameron sets out plans for a referendum on the issue.

  • Lloyds Eyes Shake-Up of Banker Bonuses

    Investment banking has been the focus of much of the recent news in the financial universe, with politicians urging banks to refocus on their traditional retail operations.

  • UBS has yet to fully purge itself of a global interest rate scandal that has put it at risk of a wave of costly civil suits, its investment banking chief said on Wednesday.

  • Verizon

    Shares in Vodafone rose almost 3 percent on Tuesday after its partner in U.S. joint venture Verizon Wireless said it would be "feasible" to buy out the British group in what would be one of the biggest corporate deals ever.

  • Global regulators gave banks four more years and greater flexibility on Sunday to build up cash buffers so they can use some of their reserves to help struggling economies grow.

  • The economies of the United States, China and much of the developing world have decoupled from Europe, leaving it to wallow in various stages of recession and fiscal disarray.

  • Euro Zone Factory Output Falls by Most in Nearly 4 Years

    The slowdown in euro zone factory activity deepened in December as new orders tumbled, a business survey showed on Wednesday, suggesting the economy may have slipped further into recession in the last quarter of 2012.

  • Shoppers in euro zone nations battered by years of recession and crisis are on the hunt for bargains, delaying their purchases until the last minute, or simply not buying at all as post-Christmas sales get underway.

  • US Stocks Set for Lower Open

    Louisa Bojesen takes a look at US stock futures and how European stocks have been trading on Monday.

  • Rigorous new sanctions against Iran's banking, shipping and industrial sectors took effect on Saturday, as part of the European Union's effort to force Tehran to scale back its nuclear program.