LONDON (Reuters) - Britain's biggest mobile operator EE has agreed to buy 58 stores from retailer Phones 4u [PHONE.UL] for 2.5 million pounds ($4 million), after the retailer was placed in administration a week ago.
Barclays is facing another huge fine imposed by the City regulator, the Financial Conduct Authority. Barclays is expected to be stung today with a �38m fine for failing to ensure adequate protection of clients' funds.
... * Opponents warn of legal action over hasty decision. * Commission sent long list of concerns to Britain last year (Adds details on letter warning of legal action, reaction).
The head of Transport for London has said the capital's transport crisis "risks sparking riots" if more is not done to improve services.
Fancy a penthouse in Mayfair with views of Green Park and Buckingham Palace and just a stone's throw from the Ritz? If that's not enough, the building has a cinema for residents and a private �wellness spa�, including a swimming pool.