UK services growth slips in July as employment hits 16-month low

British services companies grew less than expected last month as hiring eased to its slowest pace since March 2014, suggesting the economic recovery weakened at the start of the second half of this year.

Interest rates: economists and homeowners brace for Super Thursday

Britain’s mortgage borrowers will be warned this week to brace themselves for higher interest rates on what City of London traders have dubbed “Super Thursday”.

Wall Street sees holes in Fed's new policy-tightening plan

(Reuters) - No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.

BOJ chief tells Abe ready to take steps if price goal in doubt

(Reuters) - Bank of Japan Governor Haruhiko Kuroda told Prime Minister Shinzo Abe he is prepared to take whatever steps needed to achieve the central bank's 2 percent inflation target if it comes under threat.

UK recovery stronger than thought, official data shows

The Office for National Statistics has revised up its estimates for UK Gross Domestic Product during and after the recession.

UK house prices see 10.2% annual rise, says the Halifax

UK house prices in July were up 10.2% from a year earlier - the biggest annual change since September 2007, according to the Halifax.

ECB package may have given Hungary more room to ease: central bank deputy

(Reuters) - Hungary may have more room to ease monetary policy if the ECB's new measures hold down local risk premia and inflation further, Hungary's deputy central bank governor Adam Balog told Reuters on Monday.

UK construction industry still booming despite dip in May

British construction grew at the slowest pace in seven months in May but economists said the outlook remained strong amid a boom in housebuilding.

Business lobby groups hail brighter UK economy

The UK economy is in good health, suggest two major business lobby groups, the CBI and the British Chambers of Commerce (BCC).

BOJ projects inflation exceeding 2 percent, keeps bullish view intact

(Reuters) - The Bank of Japan projected for the first time on Wednesday that inflation will exceed 2 percent roughly two years from now, underscoring its conviction that a sustained end to deflation is on the horizon without additional stimulus.

ECB to reveal strategy for bank health checks by end-March

(Reuters) - The European Central Bank kept the euro zone's top lenders on tenterhooks as it promised to reveal the strategy for its unprecedented review of bank balance sheets by the end of March, giving only scant detail on Monday.

IMF warns Slovenia against complacency after fixing banks

LJUBLJANA: The International Monetary Fund (IMF) warned Slovenia on Friday against complacency after taking a first step towards fixing its banking system, urging it restructure the corporate and banking sectors.

Some banks easing lending ahead of stress tests: ECB's Honohan

(Reuters) - Some euro zone banks are restricting lending to boost their performance in financial stress tests this year, a member of the European Central Bank's (ECB) governing council said on Friday.

Canada Consumer Confidence Rises on Resilient Housing

Canada’s economic mood rebounded last week as consumers head into the holiday season buoyed by rising house prices, according to the Bloomberg Nanos Canadian Confidence Index.

Osborne RBS Decision Seen Weighing on Legacy as U.K. Chancellor

George Osborne is about to take a decision that will help determine his legacy. While the fastest growth since 2010 is boosting voter confidence in his stewardship of the U.K. economy, his ruling on the future of Royal Bank of Scotland Group Plc may yet mar that achievement.

George Osborne: We'll run a budget surplus

Chancellor George Osborne has said he wants the government to be running a surplus in the next Parliament and can get there without raising taxes.

Fed's decision not to cut stimulus 'prudent' - China's Xinhua

(Reuters) - The U.S. Federal Reserve's decision to delay reducing its massive monetary stimulus appears prudent, China's Xinhua news agency said on Thursday.

The Dutch, Europe's apostles of austerity, feel the economic pain

(Reuters) - The Netherlands, outspoken advocate of fiscal pain as a cure for euro zone ills, found itself in unwelcome company this week as the bloc's economic recovery left it among a handful of laggards still in recession.

Global economic outlook dims while US recovery continues, ICC-Ifo survey reveals

Paris – The world economy has weakened slightly this quarter, mainly due to declining optimism in Asia and Latin America, while North America shows signs of continuing recovery, according to a World Economic Survey published today by the International Chamber of Commerce (ICC) and the Munich-based economic research institute Ifo.

British retailers enjoy best July since 2006: BRC

LONDON: British retailers enjoyed their best July in six years as a summer heat wave, sporting triumphs and the arrival of a royal baby gave consumers an excuse to splash out, industry data showed on Tuesday.