Mark Carney stressed that risks from low inflation in Britain related mainly to the labour market, not to deferred consumption as occurred in Japan, where deflation became entrenched during its so-called lost decade.

Bank of England chief Mark Carney has warned of the likely impact a Greek exit from the euro would have on Britain.Mr Carney also urged employers on T(...)

Britain posted a budget surplus of £8.8 billion in January, its biggest surplus in seven years. Photo: Getty Images

Britain posted its biggest budget surplus in seven years in January as a deadline for filing personal income-tax returns boosted payments to a record(...)

The FCA will also consider undertaking a separate market study into whether customers are getting value for money when buying asset management services.

Britain’s financial watchdog will launch its first review of competition in investment banking and corporate banking services, saying the benefits of (...)

Mark Carney, governor of the Bank of England,  has said a negative inflation rate will be “temporary” and the UK won’t experience deflation. (Photograph: Simon Dawson/Bloomberg)

Britain’s inflation rate fell more than economists forecast in January, dropping to record low as food and fuel prices plunged. Consumer-price growth (...)

The European Central Bank’s “quantitative easing” policy means historically low borrowing costs. (Photographer: Martin Leissl/Bloomberg)

Falls in European interest rates into negative territory could profoundly affect the workings of the financial system and there is little chance of b(...)

Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union(...)

 Coca Cola: results out Wednesday.  Photograph: Anthony Devlin/PA Wire
For your diary

TODAY US President’s Day Indicators: UK Rightmove House Price Index (February); Japanese industrial production (December). TOMORROW Results: Dragon Oi(...)

Planet Business

In Numbers: Sky’s not the limit £10.2 million Average cost (€13.8 million) to Sky and BT of broadcasting each live English Premier League match under (...)

 Mark Carney, Governor of the Bank of England. Photograph: Alan Betson

The irony of today’s meeting of the EU heads of state is that it was originally intended as a meeting where calm reflection could be had about the fut(...)

George Osborne, UK chancellor of the exchequer, said the danger of a miscalculation leading to a “very bad outcome” between Greece and the euro area is increasing. (Photograph: Chris Ratcliffe/Bloomberg)

Chancellor of the Exchequer George Osborne said the danger of a miscalculation leading to a “very bad outcome” between Greece and the euro area is inc(...)