Bloomberg The U.K. economy may have grown at the slowest pace in more than three years in the first quarter, according to new estimates that could put a further cloud over the outlook. The National Institute of Economic and Social Research estimated on Friday that gross domestic product rose 0.3 percent, half the pace recorded in the last three months ...

Bloomberg The U.K. Serious Fraud Office opened a criminal investigation after Tata Steel Ltd. identified a lapse in procedures at its Speciality Steels business through an internal audit in 2015, the company said in an exchange filing on Saturday. “Certain inappropriate testing and certification procedures at the South Yorkshire-based Speciality Steels business were identified” in the audit, the company said. ...

Bloomberg The first full week of the European Central Bank’s expanded bond buying highlighted the program’s limitations in the face of heightened political risks in the euro area. The extra yield, or spread, that investors get for holding Spain’s 10-year bonds instead of similar-maturity German securities widened to the most in two months. That was even as the ECB increased ...