Business confidence in Scotland has dropped significantly below the average for the UK as a whole. The latest ICAEW/Grant Thornton business monitor found optimism among firms north of the border fell to the lowest level since the first quarter of last year in ...
Lending to British businesses fell in the second quarter, according to Bank of England figures that show the Funding for Lending Scheme to encourage bank loans has yet to spark a recovery in small business lending.
Economic sentiment fell to its lowest level this year in the 18-member eurozone in August, according to figures released by European Commission on Thursday.
The London branch of Germany's Deutsche Bank has been fined �4.7m by UK regulators for inaccurate reporting. The Financial Conduct Authority (FCA) said the bank mis-reported 29m transactions between November 2007 and April 2013.
CSR, the Cambridge-based microchip maker, has turned down a takeover approach from an American rival but could be open to better offers, it confirmed on Thursday.