Barlcays is to name James 'Jes' Staley, a JPMorgan banker, as its new CEO, according to reports. Staley is expected to return from the US, where is a managing partner at Blue Mountain Capital, to take the helm at Barlclays pending regulatory approval ...
The Government has sold off a 13pc stake in Royal Mail, and gifted the remaining 1pc it owned to postal service employees. The overnight sale has raised �591.1m, bringing the Government's total proceeds from the sell-off of Royal Mail to �3.3bn.
Payments processor Worldpay has successfully priced its initial public offering at 240p a share, confirming it made a smart bet when it rejected a rival's takeover bid.
Facebook has insisted it is complying with the law despite paying less than �5,000 in UK corporation tax last year. The social media giant's UK arm paid just �4,327 in company taxes, according to its latest published accounts.
The Republic of Ireland's finance minister is due to announce tax cuts and spending increases in the country's last budget before an election.