For years the London borough of Brent was synonymous with Wembley stadium and Ken Livingstone's constituency when he was an MP. It included some of the capital's most deprived areas, and was once dubbed the drive-by-shooting capital of the UK.
The U.S. economy created nearly 200,000 new private-sector jobs last month, a closely watched economic indicator reported on Wednesday, feeding hopes about the economic recovery and a thaw in labor markets.
Three pieces of evidence emerged about the UK economy on Tuesday.
Major investors could face huge losses if they continue to be complacent about the impact of rising interest rates on their riskier trades, the Bank of England's financial policy committee has warned.
Disappointing news about the state of Britain's trading position and further confirmation that squeezed households are driving down their savings have fanned fears about the sustainability of the recovery.
The Bank of England has said it is poised to take fresh steps to slow down Britain's housing market if the pickup in prices and mortgage demand threatens a new property bubble.
The Internal Revenue Service said Tuesday that it will treat bitcoin and similar virtual currencies as property for U.S. federal tax purposes.
London property prices soared in January to almost double the national average, as the city's buoyant housing market continues to inflate.
The promise of bitcoin is a universal currency free from the control of any nation or government. But a new generation of cryptocurrencies are focusing on the opposite goal: building money to solve problems specific to one country.
U.K. inflation sunk to its lowest level in more than 4 years in February, dipping further below the Bank of England's 2 percent target, as fuel prices fell.