ROYAL Mail has bowed to union demands and agreed to a 9.1pc pay rise for staff over three years but has managed to radically curb the threat of strike action at the same time.
Lloyds Banking Group is to sell its remaining 21 per cent stake in St James's Place, the wealth manager, bringing the total raised from three share sales this year to almost �535 million.
First Minister Alex Salmond has been urged to make public any research the Scottish Government has carried out on the impact independence would have on the cost of people's weekly shopping bills.
HSBC has sounded out investors about a flotation of its UK arm, in a move that would realise value from its high street banking business and address regulatory pressures.
Oil explorer lines up new directors in a move that could breach terms of a deal struck with investors, Sky News understands. 3:49pm UK, Monday 09 December 2013.