The Serious Fraud Office (SFO) has opened a criminal investigation into alleged rigging of the foreign exchange market. The director of the SFO announced the organisation is looking into allegations of fraudulent conduct with in the �3 trillion a day market.
Royal Mail has warned that price changes and competition from rivals have hit its parcels business. Parcels revenue was down 1% in the three months to 29 June compared with the same period last year, Royal Mail said.
LONDON (Reuters) - ARM Holdings, the British company whose processor designs power Apple's and Samsung's smartphones, posted a 9 percent rise in second-quarter profit, helped by strong demand to license its technology.
TalkTalk chief executive Dido Harding is one of three new directors of the Bank of England's oversight body. Photograph: Linda Nylind for the Guardian.
Dramatic slide in Tesco's sales and profits has cost Philip Clarke his job. Photograph Chris Ratcliffe/Getty Images. Tesco boss Philip Clarke was brutally ousted on Monday after failing to halt a dramatic slide in sales and profits, and replaced by a little-known ...