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UK PM Burnham promises business help within 'difficult' financial outlook - BBC

UK PM Burnham promises business help within 'difficult' financial outlook - BBC

By Andy Bruce MANCHESTER, England, Aug 12 (Reuters) - Britain's government will do what it can to help lower costs for business but against the backdrop of a "difficult financial outlook", Prime Minister Andy Burnham said in an interview on Wednesday.

FTSE 100 falls for third straight session; Balfour Beatty jumps to record high

FTSE 100 falls for third straight session; Balfour Beatty jumps to record high

Aug 12 (Reuters) - London's FTSE 100 closed lower on Wednesday for the third straight day, as investors cautiously monitored efforts to end the war in the Middle East, while Balfour Beatty soared to a record high after raising its annual forecast.

European stocks steady, oil rises before CPI

European stocks steady, oil rises before CPI

By Samuel Indyk and Rocky Swift LONDON, Aug 12 (Reuters) - Global equity markets held steady and oil prices inched higher after new attacks on shipping in the Middle East dimmed expectations for an end to the Iran war, as markets turned their attention to U.S. inflation data later in the day.

Nigel Farage faces off against Count Binface in special election that's been denounced as a stunt

Nigel Farage faces off against Count Binface in special election that's been denounced as a stunt

A special election is taking place Thursday in the seaside town of Clacton, just east of London

Oil prices rise after ship attacks, US-Iran talks deadlock

Oil prices rise after ship attacks, US-Iran talks deadlock

By Shadia Nasralla LONDON, Aug 12 (Reuters) - Oil prices rose in volatile trade on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies and as talks to end the Iran war hit an impasse.

Exclusive-Sri Lanka cenbank sees no need for further rate hikes but will remain vigilant, governor says

Exclusive-Sri Lanka cenbank sees no need for further rate hikes but will remain vigilant, governor says

By Uditha Jayasinghe COLOMBO, Aug 11 (Reuters) - Sri Lanka's central bank sees no need for more interest rate hikes this year after its unexpected raise in May, with inflation expected to peak around current levels before easing next year, but said it will be vigilant for any surprises, Governor P.

Take five: Markets aren't going on a summer holiday

Take five: Markets aren't going on a summer holiday

Aug 10 (Reuters) - No time for a break. Even in the middle of August, there is plenty of market news to watch.

UK consumers spent more on food and in pubs during World Cup in July

UK consumers spent more on food and in pubs during World Cup in July

LONDON, Aug 11 (Reuters) - British consumers spent more on food and in pubs last month on the back of England's run to the World Cup semi-finals and hot weather boosted clothing sales but they remained wary of big outlays, according to surveys published on Tuesday.

Dollar gains, yen weakens as markets eye US CPI

Dollar gains, yen weakens as markets eye US CPI

By Karen Brettell NEW YORK, Aug 10 (Reuters) - The U.S. dollar gained as oil prices increased ahead of Wednesday's closely watched consumer price inflation report for July, after a much weaker-than-expected jobs report on Friday cast doubt on the likelihood of a near-term Federal Reserve rate hike.

For Nigel Farage, success brings new pressures and a showdown with Count Binface

For Nigel Farage, success brings new pressures and a showdown with Count Binface

Reform UK leader Nigel Farage is running in a special election where his main opponent is a man dressed like a dustbin

Count Binface, the man in a can with a plan, seeks Parliament seat in Britain's wackiest election

Count Binface, the man in a can with a plan, seeks Parliament seat in Britain's wackiest election

Count Binface, an intergalactic comedic candidate with a garbage can on his head, is at the center of the U.K.'s political universe

Dollar steadies after payrolls drop, yen falls

Dollar steadies after payrolls drop, yen falls

By Samuel Indyk and Jiaxing Li LONDON, Aug 10 (Reuters) - The U.S. dollar steadied at a near two-month low on Monday following Friday's soft jobs data, as investors awaited this week's inflation data for more clues on the Federal Reserve's rate path.