Britain should back the development of a single hub airport to lock in essential trading links to emerging markets and ensure long-term economic growth, the Confederation of British Industry said today.
One of the chain's biggest backers cuts its stake by half as a new chief executive begins work on another turnaround plan. 8:10am UK, Monday 01 September 2014.
The sterling exchange rate is strong at the moment, leading to concerns about exports. Photograph: Andalucia Plus Image bank / Alam/Alamy.
MADRID (Reuters) - Spain's Caixabank (CABK.MC) said on Monday that its acquisition of Barclays' (BARC.L) retail and corporate banking operations in the country would bring around 150 million euros (118.45 million pounds) in gross cost savings by 2016.
European equity-index futures rose with Asian stocks as investors weighed whether policy makers will add stimulus amid manufacturing data from China to Germany.