The controversial HS2 rail line will cost five times as much as its French equivalent and do little to help regenerate the North of England, experts warned yesterday.
In focus today will likely be Fed Chair Yellen's speech after the European close, especially after her colleagues (mostly non-voters) were out in force this week swaying expectations about a Summer rate hike.
Axa is selling its wealth unit's pensions and protection businesses to Phoenix Group as the French insurance giant continues to offload its UK assets amid consolidation in the life industry.
Hull-based telecommunications business KCOM has reported full-year results featuring "progress in all key focus areas" and announced the departure of a senior executive.
The Bank has set systemic risk buffers with a graded approach, rather than the 3% 'flat rate' Vickers called for. Photograph: Alicia Canter for the Guardian.