NEWLY-listed bank TSB yesterday said it had the armoury to challenge its bigger rivals as customers flocking into its branches lifted profits.
Tesco shares fell to their lowest level in more than 11 years on Friday after the retailer's credit rating was downgraded and news emerged that an institutional shareholder had sold off his stake.
LONDON Oct 25 (Reuters) - British holidays and airline company Monarch has been acquired by investment firm Greybull Capital which will pump 125 million pounds ($201 million) into the company as it turns itself into a budget airline.
Britain's number two and three drugmakers burnished their strength as independent companies on Friday when Shire reported record quarterly results and AstraZeneca won backing for an important new cancer drug.
Senior management at the Bulmers/Magners cider-maker C&C yesterday kicked off an intensive lobbying campaign to convince its shareholders that its intention to gatecrash a deal to buy a $1 billion UK pub group makes strategic sense, after its share price ...