Bankers say big is beautiful, safe and economic

(Reuters) - Europe's bankers defended the big bank model this week in Davos as the mounting cost of regulation puts a question mark over its future.

Bank of England unlikely to rush into an early interest rate rise

Employment up by more than 250,000 on the quarter. The unemployment rate below 7% and at its lowest rate in five years. Average earnings are picking up and finally outpacing prices.

UK public finances improve in October as economy grows

The UK's public finances improved in October, as a recovering economy and housing market boosted tax revenues.

Britain Is Outside Euro Zone but Not Euro Crisis

LONDON — Having kept their own currency and central bank, British politicians pride themselves on their foresight in staying outside the beleaguered euro.

Foreign investors press 'sell' button on Indian banks

NEW DELHI: Overseas investors seem to be on a selling spree when it comes to the Indian banking stocks, as they have pared their holdings in at least 28 public and private sector banks of the country in the past few months.