Bloomberg U.K. Chancellor of the Exchequer George Osborne is facing a potential shortfall in the nation’s finances ahead of his annual budget as plans to sell Royal Bank of Scotland Group Plc shares stall. Whipsawing markets and a split within the government ahead of Britain’s June 23 referendum on European Union membership mean the chancellor probably won’t meet next fiscal ...

The rate on its marginal lending facility, by which the ECB offers overnight credit to banks, is going down to 0.25 percent from 0.30 percent. The ECB also announced it would expand the volume of bonds it purchases each month under its programme of quantitative easing to 80 billion euros ($88 billion) from 60 billion euros. And it would also ...

Bloomberg With just over 100 days to go until Britain’s referendum on leaving the EU, Queen Elizabeth II and Bank of England Governor Mark Carney have both been dragged into the debate, showing that personalities will play a crucial role in the outcome. Supporters of a so-called Brexit called for Carney to resign after he identified a vote to leave ...