Former Barclays boss Bob Diamond plans to use the fund to buy a stake in an African bank. Photograph: Nick Potts/PA. Bob Diamond, one of the most controversial bankers to emerge from the financial crisis and the man ousted as boss of Barclays after a ...
Britain has 1m low-paid workers in public services, double previous estimates which did not account for workers in outsourced services, a think-tank has reported.
Blockbuster's administrators urged the Chancellor to take urgent action on business rates in his Autumn Statement as they shut a further 62 stores and axed 427 more jobs at the ailing movie rental business.
Children in Britain should ditch French and German and study Mandarin instead, David Cameron has said. On his final day of a visit to China, the Prime Minister said he wanted education ties with the country dramatically strengthened.
LONDON Dec 6 (Reuters) - Britain's banks continue to make slow progress compensating small firms for mis-sold risky interest rate products and have paid out only 81 million pounds ($132 million) from more than 3 billion set aside, official data showed.