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Perenco UK says 60% of oil spill in southern England recovered

Anglo-French oil company Perenco's UK unit said on Wednesday it had recovered about 60% of the estimated oil leaked on Sunday at one of its well sites in Wytch Farm in Dorset, southern England. ....

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BoE's Mann: Falling headline inflation, high core, make policy difficult

Falling energy prices will lower headline inflation towards the Bank of England's 2% target, but persistent underlying inflation will make it hard for the Bank of England to set monetary policy as the year progresses, Bank of England monetary policy committee member Catherine Mann said on Wednesday. ....

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Factbox: Prince Harry and Elton John's evidence in UK lawsuits

Britain's Prince Harry, singer Elton John and five other high-profile figures' written statements in their lawsuits against the publisher of the Daily Mail newspaper were published on Tuesday. ....

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BoE's Bailey urges firms to assume lower inflation when setting prices

British businesses should consider official forecasts showing inflation will fall this year when setting their prices, Bank of England Governor Andrew Bailey said on Friday. ....

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Barclays raises Bank of England terminal rate forecast to 4.5%

Barclays raised its terminal rate forecast for the Bank of England's benchmark policy rate by a quarter point to 4.5%, following the central bank's eleventh straight hike last week. ....

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