Nationwide building society's chief executive Graham Beale is to retire next year after reporting record profits of �1.2billion, rising market share at the expense of the banks, and a �500m planned investment in its branch network.
Osborne is due to deliver his first all-Tory emergency summer Budget on 8 July. Picture: PA. SCOTT REID. 00:00 Saturday 23 May 2015.
Federal Reserve chair Janet Yellen said she expected the central bank to raise interest rates this year, as the US economy was on course to bounce back from a sluggish first quarter and headwinds at home and abroad waned.
The Competition and Markets Authority (CMA) has expressed its concern over the potential purchase of the K-Y Jelly brand by Reckitt Benckiser (RB) from Johnson & Johnson, saying that the price of sexual lubricant could slip to new highs.
... * FTSE 100 up 0.5 percent, highest in 10 days. * UK public finances improve by more than expected. * Vodafone up 4.0 percent. * Dixons Carphone and Travis Perkins also get upgrades.