Video: UK Vendors Cashing in on Royal Wedding

Prince William’s engagement to Catherine Middleton has kicked off the race to profit from what will be the biggest royal event in Britain since Prince Charles wed Lady Diana Spencer in 1981. According to Verdict Research, a retail analysis unit of Datamonitor, the affair, set for Apr. 29, may add £620 million ($995 million) to [...]

UK GDP rises 1.2% in 2Q: UK economy 2010

The UK economy grew at its fastest pace for nine years in the 2Q, official figures have confirmed. Final revised GDP figures for the quarter show a rise of 1.2% – unchanged from first estimates – thanks to a pick-up in the construction industry and strong household spending. In the first quarter growth was edged [...]

Bank of England keeps rates on hold – U.K. economy

LONDON — The Bank of England has extended a yearlong record low in interest rates and left its multibillion-pound asset purchasing program on hold in its last monthly decision before a national election. The decision to keep rates at 0.5 percent for the 13th consecutive month and maintain the so-called quantitative easing program at 200 [...]

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