Topic: Jonathan Loynes

LONDON, Aug. 23 (UPI) -- Britain may be moving closer to a recession as economic growth came to a standstill in the second quarter, government officials said.

LONDON, June 28 (UPI) -- Economists say soaring household debt is stoking fears in Britain that a severe recession may be in the cards as part of an economic slowdown.

LONDON, June 27 (UPI) -- The savings rate in Britain has declined to the lowest level since 1959, the government's Office for National Statistics said.

LONDON, May 15 (UPI) -- The Governor of the Bank of England, Mervyn King, warns Britain is facing tough economic times ahead.

LONDON, April 21 (UPI) -- The Bank of England, looking to shore up the country's banks, announced a $100 billion exchange of government bonds for mortgage-backed securities Monday.

LONDON, Dec. 26 (UPI) -- Some British financial analysts are talking 1929. Could they be right?