Polling Correspondent, London
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Apr 2, 2014
Apr 2, 2014
Apr 1, 2014

Weak British productivity ticks up at the end of 2013

LONDON (Reuters) – Britain’s productivity returned to modest growth towards the end of last year, raising hopes that 2014 will bring an end to years of bafflingly low levels of output that have hindered the economic recovery.

Productivity on an output-per-hour basis was up 0.3 percent from October through December, reversing a 0.2 percent drop in the third quarter, and rose 0.7 percent on the year-ago period, the Office for National Statistics (ONS) said on Tuesday.

Mar 31, 2014

FSB’s Carney says to crack too-big-to-fail bank barriers by December

LONDON (Reuters) – Global regulators aim to crack two of the biggest barriers to ending “too big to fail” banks by the end of this year, Financial Stability Board Chairman Mark Carney said on Monday.

Regulators are putting in place a complex jigsaw of rules and mechanisms to wind down failed banks without the massive market fallout seen when Lehman Brothers went under in 2008.

Mar 31, 2014
Mar 31, 2014
Mar 31, 2014
Mar 28, 2014
Mar 28, 2014
Mar 28, 2014

UK and Germany say EU reform must be fair to non-euro members

LONDON (Reuters) – Germany joined Britain on Thursday in calling for European Union reforms that are fair to (EU) countries outside the euro zone, bolstering British Prime Minister David Cameron’s attempts to placate eurosceptics at home.

In a joint editorial in the Financial Times, British and German finance ministers George Osborne and Wolfgang Schaeuble said it was important that EU countries outside the euro zone – like Britain – are not disadvantaged by deeper integration of the currency union.

    • About Andy

      "Andy has worked for Thomson Reuters since 2007 and is Polling Correspondent based in Reuters' London Canary Wharf office. He was previously a subeditor on both Reuters' Economics and Equities desks."
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