Home improvement retailer Kingfisher is selling a controlling stake in its B&Q China operation as it looks to concentrate on its core European markets.
Senior financiers in London are predicting a 21% boost in bonuses for 2014 despite regulatory crackdowns and a raft of banking industry scandals.
A prominent member of the Bank of England's interest-rate setting committee has predicted a rise in pay for Britons and more permanent jobs being created amid a stronger economic recovery.
LONDON (Reuters) - World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the rouble and more calls for quantitative easing from the ECB helped lift sentiment.
Britain's job-rich recovery will strengthen next year, with robust growth in permanent employment paving the way for the broadest rise in real pay since before the financial crisis, according to a respected survey.