Reuters: UK

Euro crisis leaves door open for more BoE easing

Wed, 16 May 2012 15:54:51 +0100

LONDON (Reuters) - The escalating danger from the neighbouring euro zone debt crisis prompted the Bank of England on Wednesday to keep alive the prospect of more help for an ailing economy it said was growing more slowly than expected.

Joblessness falls unexpectedly, pay rises slow

Wed, 16 May 2012 12:49:30 +0100

LONDON (Reuters) - The number of Britons out of work fell at the fastest pace in nearly a year in the three months to March, official data showed on Wednesday, pointing to some underlying resilience in the economy.

Euro zone woes cool London office demand - LandSecs

Wed, 16 May 2012 08:37:43 +0100

LONDON (Reuters) - Land Securities, the biggest listed British property developer, said demand for office space in London was lower than expected due to the worsening turmoil in the euro zone.

Cameron says euro zone must make up or break up

Wed, 16 May 2012 18:07:41 +0100

LONDON (Reuters) - Prime Minister David Cameron on Wednesday said the euro zone had to act swiftly to solve its debt crisis or face the consequences of a potential break up.

Moviegoers distracted by summer of sport

Wed, 16 May 2012 11:25:43 +0100

(Reuters) - Movie theatres are in for a quiet summer with the Euro football championships keeping soccer fans glued to their TVs and some film releases timed to avoid a clash with the London Olympics.

Gas prices fall as main Norway supply restarts

Wed, 16 May 2012 12:29:51 +0100

LONDON (Reuters) - British prompt gas prices fell on Wednesday morning ahead of the scheduled return from maintenance of Norway's Ormen Lange gas processing plant, which is expected to boost supplies.

UK climate experiment cancelled on patent concerns

Wed, 16 May 2012 12:39:31 +0100

LONDON (Reuters) - British scientists have abandoned an experiment to test the possibility of spraying particles into the upper atmosphere to stem global warming, largely due to concerns over a patent for some of the technology, the project's leader said.

Small business fund looks to fill bank gap

Wed, 16 May 2012 14:20:56 +0100

LONDON (Reuters) - A fund set up to support small and medium-sized businesses aims to make around 25 investments this year, its chief executive said, as it looks to fill a gap left by banks cutting funding for thousands of growth companies.

Brooks charged in hacking scandal

Tue, 15 May 2012 18:55:31 +0100

LONDON (Reuters) - Rebekah Brooks, a close confidante of Rupert Murdoch, was charged on Tuesday with interfering with a police investigation into a phone hacking scandal that has rocked the tycoon's empire and sent shockwaves through the British political establishment.

Britain to fund prostate cancer pill in U-turn

Wed, 16 May 2012 00:01:05 +0100

LONDON (Reuters) - Britain's drug watchdog has reversed a controversial decision not to fund a new prostate cancer pill that was developed in the country after maker Johnson & Johnson agreed a new discount on supplies to the UK state healthcare service.