International companies trading in New York closed lower Wednesday as investors attempted to interpret signs from the Federal Reserve about when it might put the brakes on its bond-buying program.
Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.
Damp squib or analytical pragmatism? That was the verdict being weighed up by observers on Wednesday, as Britain's two part-nationalised banks - Royal Bank of Scotland and Lloyds Banking Group - told the market they would not need to raise fresh ...
Less than a week after Wm Morrison unveiled its long-awaited tie-up with Ocado, one of the supermarket's biggest shareholders sold out.
Britvic is to cut up to 400 jobs - 15 per cent of its workforce - as part of efforts to bolster its fortunes as a standalone company should competition authorities squash its proposed tie-up with Scottish peer AG Barr.