Who would you back in the ferocious competition to serve the UK's army of online shoppers? A 500-year-old, partially-state-owned behemoth with a highly unionised workforce and a tough Universal Service Obligation.
The big banks are to set aside more than �1bn next week for new PPI mis-selling compensation, Sky News learns. 11:16am UK, Tuesday 22 July 2014.
... * Q2 net loss 700 mln Sfr vs 581 mln Sfr in poll. * Private bank wins 10.1 bln Sfr in net new money. * Investment bank pretax profit steady at 752 mln Sfr.
LONDON (Reuters) - Britain's top equity index rallied on Tuesday, lifted by technology group ARM which rose after posting higher profits.
Cath Kidston, the British designer famed for her eponymous chintzy prints and accessories, has sold down some of her personal stake in the brand to finance expansion in Asia, targeting 100 stores in China.