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Reuters: Money

  1. UK to improve CPI data on home ownership
    LONDON (Reuters) - Britain will launch a new measure to gauge the cost of owning a home, the Office for National Statistics said on Friday, in a move that it hopes will better reflect housing costs in Britain's inflation data.


  2. Taxpayer may lose 2 billion pounds on Northern Rock rescue
    LONDON (Reuters) - Taxpayers could lose up to 2 billion pounds from the government's 2008 rescue of mortgage lender Northern Rock by the time all the assets are wound down, according to the spending watchdog.


  3. About 750,000 households escaped fuel poverty in 2010
    LONDON (Reuters) - About 750,000 UK households were lifted out of fuel poverty in 2010 due to rising incomes among cash-strapped consumers and lower consumption following the roll out of energy efficient boilers, helped by stable energy prices, the government said.


  4. Euro crisis leaves door open for more BoE easing
    LONDON (Reuters) - The escalating danger from the neighbouring euro zone debt crisis prompted the Bank of England on Wednesday to keep alive the prospect of more help for an ailing British economy it said was growing more slowly than expected.


  5. Vanguard brings low-cost ETFs to Britain
    LONDON (Reuters) - U.S. group Vanguard, the world's third-largest exchange-traded-funds provider, has launched its first products in Britain, hoping to steal business from rivals by pushing a low-cost model that has been successful in its home market.


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