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Conservatives promise superfast Internet
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.
Darling says doesn't plan "Christmas tree" budget
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.
Iceland hopes Icesave talks can start next week
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
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
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.
Scottishpower to cut gas prices
LONDON (Reuters) - ScottishPower is to cut its standard household gas prices by an average of 8 percent from March 31, a company spokesman said on Thursday.
Northern Rock shrinks losses in 2009
LONDON (Reuters) - Nationalised mortgage lender Northern Rock's headline losses shrank in 2009, helped by rising net interest income and lower loan losses in the second half, though it said loan writedowns would stay high in 2010.
House price balance records surprise fall
LONDON (Reuters) - House prices grew last month at their slowest pace since August after the amount of new property coming on to the market grew faster than the number of new buyers, a survey indicated on Tuesday.
MPs criticise poor performance at the Revenue
LONDON (Reuters) - The cross-party Treasury Committee launched a scathing attack on the government's revenue collecting department on Tuesday, saying low morale and poor leadership was affecting performance.
Firms to maintain pace of hiring
LONDON (Reuters) - A slim majority of firms plan to keep hiring staff in the next three months, but no more than in the first quarter of 2010, suggesting they remain wary about recovery prospects, according to recruiters Manpower.