LONDON (Reuters) - AstraZeneca has agreed to sell its Alderley Park research site in northern England to a public-private partnership group as it moves drug discovery to a new global centre in Cambridge.
Two British high street retailers launched on the London Stock Exchange this morning as part of the rush of companies looking to float amid a flourishing IPO market.
FRANKFURT (Reuters) - There is no deflation in the euro zone at the moment, but the European Central Bank sees such a scenario as a risk and will be ready to act if needed, ECB Executive Board member Benoit Coeure said on Wednesday.
The U.K.'s banking regulator Wednesday said it appointed Julia Hoggett, currently a managing director at Bank of America Merrill Lynch, to head its supervision of investment banking.
Mark Carney has warned the Royal Bank of Scotland might have to move their headquarters to England if Scotland becomes independent and joins the European Union.