Home improvement retailer Kingfisher is selling a controlling stake in its B&Q China operation as it looks to concentrate on its core European markets.
Senior financiers in London are predicting a 21% boost in bonuses for 2014 despite regulatory crackdowns and a raft of banking industry scandals.
LONDON (Reuters) - World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the rouble and more calls for quantitative easing from the ECB helped lift sentiment.
Bigger pay rises may be on offer in the coming year, according to Martin Weale, a member of the Bank of England's interest rate setting committee.
Britain's job-rich recovery will strengthen next year, with robust growth in permanent employment paving the way for the broadest rise in real pay since before the financial crisis, according to a respected survey.