Financial News

Darling says doesn't plan "Christmas tree" budget

Fri, Mar 12th, 2010 11:01
LONDON (Reuters) - Chancellor Alistair Darling said on Thursday that he did not plan generous giveaways in his March 24 budget, and that plans to halve the budget deficit over four years were non-negotiable.


Conservatives promise superfast Internet

Fri, Mar 12th, 2010 10:49
LONDON (Reuters) - Investing in a high-speed Internet network would open up a new global trade route for Britain, boosting economic recovery and creating thousands of jobs, the Conservatives said on Thursday.


Iceland hopes Icesave talks can start next week

Thu, Mar 11th, 2010 17:49
COPENHAGEN (Reuters) - Iceland's foreign minister said on Thursday he was hopeful Reykjavik could restart talks with Britain and the Netherlands next week on striking a new Iceland repayment deal.


UK inflation expectations nudge higher in Feb - BoE

Thu, Mar 11th, 2010 11:34
LONDON (Reuters) - The publics' expectations for inflation over the next 12 months rose slightly to 2.5 percent in February from 2.4 percent in November, a quarterly survey from the Bank of England showed on Thursday.


Virgin Media to trial broadband over telegraph poles

Thu, Mar 11th, 2010 11:33
LONDON (Reuters) - Cable operator Virgin Media is testing a new technology to deliver ultrafast broadband over telegraph poles which could allow it to extend its reach to another one million homes.


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