Lloyds of London insurer Catlin is reported to have accepted a �2.5bn takeover bid from US rival XL. The FTSE 250 group revealed on Wednesday that it had been approached by XL with a 699p-a-share offer, made up of 410p in cash and 0.130 shares per ...
British Unions and Industry are urging the Government to reduce taxes to save the North Sea oil industry, which is desperately fighting for survival following six-months of oil price decline.
The Bank of England isn't under pressure to raise U.K. interest rates as inflation slides further below its target, policy maker David Miles said.
Never before has Russia's central bank been so much in the spotlight. In the space of just 29 hours - from 10am on Monday, December 15 to 3pm on Tuesday, December 16 - the price of US dollars in Moscow skyrocketed by 50 per cent.
SCOTS shoppers took full advantage of retailers longer opening hours yesterday by spending �150million in a massive festive spree dubbed Panic Saturday.