European and U.S. inflation will rise in the medium- to long-term, according to Berdibek Ahmedov, manager for European and UK real return products at Pacific Investment Management Company (Pimco).
George Osborne is looking at options to cut billions of pounds from next year’s benefits bill by scrapping inflation-linked rises, in a move that could trigger a fierce cabinet clash, according to the FT.
As the euro zone lurches from summit to summit, disgruntled Eurosceptics in the UK are becoming more visible.
António Horta-Osório, the chief executive of Lloyds Banking Group who joined the part-nationalised lender at the beginning of the year, is poised to step back from his role as chief executive due to health reasons, according to senior executives. The FT reports.
The City of London Corporation joined St Paul’s Cathedral on Tuesday in suspending legal action against a group of protestors camped by the side of the cathedral.
The standoff between Occupy London Stock Exchange protestors, the Corporation of London and St Paul's Cathedral took another dramatic turn Monday afternoon as the Dean of St Paul's, the Right Reverend Graeme Knowles, resigned over his handling of the protests.
David Cameron has urged colleagues to stop talking down the economy as he tries to drown out a growing chorus of doomsayers with a resolutely upbeat assessment of the nation’s prospects, in an article for the FT.
The guns in Libya have barely quieted, and NATO’s military assistance to the rebellion that toppled Col.Muammar el-Qaddafi will not end officially until Monday.But a new invasion force is already plotting its own landing on the shores of Tripoli. The New York Times reports.
Protestors who have been camping outside St Paul's Cathedral in London for two weeks vowed on Friday to fight any attempt to evict them as representatives of the City of London approved a legal bid to remove them.
Speculative UK GDP statistics for the third quarter may give a falsely positive picture of the economy, economists told CNBC.
The Canon Chancellor of St. Pauls Cathedral in London announced his resignation on Thursday morning in protest against legal action being taken against protestors camped outside the cathedral by the Corporation of London and church authorities.
Though financial institutions are not yet turning away customers at the door, they are trying to discourage some depositors from parking cash with them. NYT reports
House prices across the UK will fall by 5 percent next year, according to estate agents Knight Frank, although prime central London property will remain immune to the downturn as it is buoyed by international buyers.
A third of employees in the UK are unhappy in their jobs, while just over a fifth declare that they "love" they position, a new poll released Tuesday showed.
Rupert Murdoch has another headache on his hands- new allegations of hacking on top of shareholders advocating for his ousting. Murdoch kicked off the meeting with glowing comments about the state of the company, saying that the company's "in good shape to prosper." But it seems company hasn't yet put the hacking scandal behind it.
Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.
The debt crisis afflicting the euro zone is a condition that can be delayed but ultimately cannot be resolved, David Murrin, chief investment officer at Emergent Asset Management told CNBC.
It’s getting colder in London. We had a lingering summer, but that is over. Not such a great time to be on the streets for any longer than you have to. The central heating goes on and the thick duvet is very welcome.
Rupert Murdoch inherited part of the newspaper business he turned into a vast worldwide media empire from his father, Sir Keith, and has always wanted to pass on News Corp to one of his children.
As EU leaders scramble to present a united front for this weekend’s critical meeting in Brussels, anxiety is growing in Europe, and not just about the euro, the NYT reports.