LONDON - The British economy grew more than initially estimated in the fourth quarter as consumers and exporters steered Britain into its longest stretch of uninterrupted growth since 2008.
Tidjane Thiam, the outgoing Prudential chief executive, received a 36 per cent pay rise in 2014, taking his earnings to �11.8m, after the UK insurer enjoyed a strong year.
PARENT company Kingfisher announced the closure of 60 stores as it posted a 7.5% drop in annual profits to �675million. Share; Share; Tweet; +1.
... * FTSE 100 drops 1.7 percent. * Posts largest quarterly gain since fourth quarter 2013. * Imperial, BAT down on U.S. merger concern.
Mike Lynch, the founder of Autonomy, faces a High Court showdown with Hewlett-Packard over his alleged accounting fraud in which potential infamy and a claim for $5.1bn (�3.4bn) in damages await.