en-us Reuters) - Britain is past the worst of the recession and should return to growth in the fourth quarter, two Bank of England policymakers said, in remarks which support government forecasts the economic downturn is nearly over.Treasury sources told Reuters late on Thursday they...]]> Fri, 27 Nov 2009 03:16:43 -0800 Tue, 24 Nov 2009 07:13:00 -0800 Reuters UK) - The Bank of England has raced far ahead of its peers along the quantitative easing road, but it could overtake other central banks in the reverse direction when the time comes to tighten.Although the Bank's rhetoric remains more dovish than that of the European...]]> Mon, 23 Nov 2009 10:45:26 -0800 Reuters UK) - Companies should adopt a more cautious approach to business even if it means accepting lower profits, Britain's biggest business group said as it published a poll showing the credit crunch had made firms more risk averse.In a paper published on Monday setting out how...]]> Sun, 22 Nov 2009 16:15:14 -0800 Reuters UK) - Britain's biggest banks would have to raise billions of pounds to achieve complete independence from state support, according to research from the Organisation for Economic Co-operation & Development.To become standalone institutions, the banks would have to raise their core capital ratios above 20 percent, the Paris...]]> Sun, 22 Nov 2009 14:45:15 -0800 Reuters UK) - Grocer Morrison said the surprise departure of chief executive Marc Bolland to Marks & Spencer would not affect its performance or potential as it reported a slowdown in sales growth."He's been a great member of the team and we're sorry to see him go,"...]]> Thu, 19 Nov 2009 02:30:23 -0800 Reuters UK) - Britain needs to come up with a concrete plan to cut its ballooning budget deficit to soothe concerns about the stability of the public finances, a leading think-tank said on Thursday.The Organisation for Economic Co-operation and Development said ultra-loose monetary policy and government measures have helped...]]> Thu, 19 Nov 2009 02:16:12 -0800 Reuters UK) - Online fashion retailer ASOS ASOS posted a 9 percent rise in first-half profit and said sales remained strong in its second half, with a pick up in overseas demand offsetting slower growth in Britain.The firm, which targets internet-savvy 18-34 year olds looking to emulate the designer...]]> Sun, 15 Nov 2009 23:30:19 -0800 Reuters UK) - British and French air chiefs renewed pressure on Airbus over delays to its A400M military transporter on Saturday but suggested pooling maintenance or even sharing the use of some planes to balance cost increases.Leaders of the two largest western European air forces told Reuters...]]> Sat, 14 Nov 2009 07:45:28 -0800 Reuters UK) - Utility Centrica's planned move into atomic energy by buying a 20 percent stake in British Energy is to go ahead, placing it at the forefront of Britain's nuclear new-build plan, it said on Friday.Centrica's plan hinged on selling its 51 percent stake in Belgian utility SPE...]]> Fri, 13 Nov 2009 05:01:51 -0800 CPYY Y CPYY Y Reuters UK) - Banks have still failed to grasp the need to reform their bonus culture, but Britain is unwilling to legislate to force them to take action, Chancellor Alistair Darling said in a newspaper interview on Friday.Speaking to the Wall Street Journal's European edition, Darling said many banking...]]> Fri, 13 Nov 2009 05:01:31 -0800 Reuters UK) - The government set out plans Monday to speed up the planning process for big wind farms and new nuclear power plants and named 10 sites where reactors could be built.Energy and Climate Change Secretary Ed Miliband said new nuclear plants, combined with cleaner coal...]]> Mon, 09 Nov 2009 11:31:25 -0800 Reuters UK) - Royal Bank of Scotland said it would be forced to sell more assets than it had expected and axe 3,700 jobs from its retail business as another radical shake-up loomed for Britain's banks.European competition authorities are set to force RBS to sell its insurance...]]> Mon, 02 Nov 2009 11:00:21 -0800 Wed, 07 Oct 2009 21:49:05 -0700 Wed, 07 Oct 2009 15:31:04 -0700 Wed, 09 Sep 2009 17:53:32 -0700 Thu, 30 Jul 2009 05:53:12 -0700 Wed, 22 Jul 2009 14:10:11 -0700 Sat, 30 May 2009 13:16:16 -0700 Mon, 25 May 2009 09:09:43 -0700