BoE not to hike interest rates to slow housing boom

Bank of England (BoE) Governor Mark Carney on Wednesday said that the British economy was returning towards "normal" but declared that the central bank had no plans to hike interest rates in the near future.

Many analysts are of the view that BoE should increase interest rates to tackle soaring property prices.

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Pub operator Enterprise posts 62% rise in fiscal H1 pretax profit

British pub operator Enterprise Inns Plc on Tuesday reported an impressive year-on-year increase of 62 per cent in pretax profit for the first six months of its financial year and claimed that it expected to achieve its full-year growth target.

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Sharon Osbourne defends tax-dodger Gary Barlow

English television host & talent competition judge Sharon Osbourne has defended Gary Barlow after he was caught up in a row over tax avoidance.

A few days back, a tax judge ruled that Take That singer Gary and his band-mates Mark Owen and Howard Donald's investments in a company were merely a plan to avoid tax.

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Former GSK China head & others charged with corruption

Pharmaceuticals giant GlaxoSmithKline Plc's (GSK's) former China head Mark Reilly and two of his colleagues have been charged with corruption by Chinese police.

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Mutual Funds asked to make fee structures clearer & easier to understand

Britain's financial watchdog has urged Mutual Funds (MFs) to make their fee structures clearer, easier and more consistent as it would encourage people to make more savings for their old age.

The Financial Conduct Authority (FCA) said some MFs didn't provide investors with clear and consistent figures for charges in their prospects, marketing material or on websites.

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