LONDON (Reuters) - The Bank of England gave a clean bill of health to Britain's controversial flagship mortgage guarantee scheme on Thursday, sparing the government from potential embarrassment in the run-up to the general election.
... * Virgin Money to raise 150 mln pounds from IPO. * Company expected to be valued at 1.5 bln-2 bln pounds. * Branson, Wilbur Ross to sell shares in offer (Adds CEO comments, details on shareholdings).
After two years of development, Britain's fourth biggest grocer launches a price match system against main rivals and discounters.
NAPLES Italy (Reuters) - The European Central Bank left interest rates unchanged on Thursday, shifting focus to an asset-buying plan with which it hopes to revive the flagging euro zone economy and see off the spectre of deflation.
The Ofcom Board today announced that Ed Richards will stand down as Chief Executive at the end of December 2014: Richards will continue to lead on all operational, financial, economic, competition and policy matters until that date.