HSBC is considering spinning off its UK retail and commercial banking operations arm in a move that would help it deal with planned new rules requiring British banks to ringfence their retail arms.
The growth in job vacancies hit the fastest rate in 15 years in November, according to the latest survey from the body that represents recruitment firms.
We expect to hear soon whether the MOD Defence Equipment and Support (DE&S) government-owned, contractor operated (GoCo) initiative will go ahead.
LONDON (Reuters) - Lloyds Banking Group said on Monday it had agreed to sell a portfolio of British corporate real estate loans to an entity affiliated with Cerberus European Investments for 90 million pounds ($147 million) in cash.
Shops may be forced into more price-cutting and promotions because of growing uncertainties about Christmas trading, economists have warned.