Around �260million was wiped off the value of insurer More Than's owner after its boss quit. Simon Lee, whose job was on the line after two recent profit warnings, stood down as RSA revealed it would need to set aside more money for its Irish division.
The Bank of England is closely monitoring the UK's �microwave� housing market, its chief economist, Spencer Dale, said today.
PARIS (Reuters) - Governments will reach an agreement next year on the pecking order for shareholders and bond investors to take losses when a bank fails, Mark Carney chairman of the UK's Financial Stability Board and head of the central bank, said on ...
Hurrah! Britain is building again. The Office for National Statistics tells us that construction output rose 2.2pc in October, bringing year-on-year output growth to 5.3pc.
Sports Direct has become embroiled in a fight with Adidas after the German sportswear group banned the retailer from selling Chelsea FC kits next season, while a slowdown in profit growth pushed the company's shares down sharply.