LONDON (Reuters) - The Bank of England gave a clean bill of health to Britain's controversial flagship mortgage guarantee scheme on Thursday, sparing the government from potential embarrassment in the run-up to the general election.
... * Virgin Money to raise 150 mln pounds from IPO. * Company expected to be valued at 1.5 bln-2 bln pounds. * Branson, Wilbur Ross to sell shares in offer (Adds CEO comments, details on shareholdings).
Morrisons has pledged to match the prices of Aldi and Lidl through a new loyalty card and price-matching scheme in an unprecedented attempt to take on the discounters and reverse a decline in sales.
LONDON, Oct 2 (Reuters) - British construction activity grew at one of the fastest rates on record last month, though slower rises in new orders and employment raise questions about the durability of the upturn, a survey of purchasing managers showed on ...
Ed Richards, chief executive of telecoms regulator Ofcom, is to relinquish his post and step down at the end of the year. He will continue to handle all operational, financial, economic, competition and policy matters until the end of December.