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Fines not enough for LIBOR crimes, says FCA
A director of Britain's Financial Conduct Authority said fines were not enough for individuals who break rules including rigging LIBOR interest rates, Reuters reported.[Yesterday 09:32]
Parilamentary report proposes jail time for reckless UK bankers
A parliamentary review of British banks has recommended jail time for senior bankers who commit "reckless misconduct".[Yesterday 08:48]
UK inflation rises more than expected in May -UPDATE
UK consumer price inflation (CPI) rose in May driven by a record increase in airfares and fuel prices, data revealed Tuesday.[Tue 11:12]
House prices rise 2.6 per cent in last year
UK house prices increased 2.6 per cent in April from the same time a year earlier, down from March's annual growth rate of 2.7 per cent, according to the latest figures from the Office for National Statistics.[Tue 11:06]
UK output prices rose less than forecast in May
'Factory gate' annual inflation for all manufactured products rose 1.2 per cent in the year to May, compared with a rise of 0.9 per cent in the year to April, according to the Office for National Statistics (ONS).[Tue 10:45]
UK inflation rises more than expected in May
UK consumer price inflation (CPI) rose in May driven by a record increase in airfares and fuel prices, data revealed Tuesday.[Tue 09:53]
Average UK asking price for homes reaches record high in June
The average asking price of properties in the UK has reached a record high above a quarter of a million pounds for the first time, according to data from real estate website Rightmove.[Mon 09:23]
BoE Tucker's resignation may lead to 'more activist' MPC
Paul Tucker has resigned as Deputy Governor of the Bank of England, leading to suggestions the Bank's Monetary Policy Committee (MPC) could move in favour of a more activist monetary policy.[Fri 17:47]
Commercial property prices bounce after 18-month fall
UK commercial property prices grew for the first time in 18 months in May thanks to an upturn in the office and industrial sectors.[Fri 16:05]
BoE watching inflation expectations closely, McCafferty says
The Bank of England's remit for flexibly targeting inflation - to achieve price stability - is the key part of its mandate and continues to be its primordial goal, according to remarks by Monetary Policy Committee (MPC) Ian McCafferty delivered at an event hosted by The Wall Street Journal at Eight Members Club, in London.[Fri 11:53]
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