A joint venture between Stagecoach and Virgin has won the franchise to run the East Coast mainline rail route. The firms promised to invest �140m in the route over eight years, and will pay the government �3.3bn for the contract.
Chancellor George Osborne has been asked to play Santa in next week's Autumn Statement and give Swindon firms three early Christmas presents - action on business rates, infrastructure and apprenticeships.
The chairman of Candy Crush-maker King has quit as the head of the firm and stepped down from the board for �personal reasons�, the company said.
The Bank of England launched its Funding for Lending Scheme in 2012 to encourage banks to lend. Photograph: Anthony Devlin/PA. Thursday 27 November 2014 10.41 EST.
LONDON, Nov 27 (Reuters) - European shares rose on Thursday led by the German DAX, which extended its recent sharp rally on the back of encouraging data and expectations of further stimulus measures from the European Central Bank.