The Green Investment Bank (GIB) needs to be built up before it can be floated in several years' time according to a UK-based international consortium which wants to be reconsidered as a buyer for the government-owned bank.
Britain is facing three years of slow growth, rising unemployment and squeezed consumer spending as the Brexit-induced collapse in the pound triggers a radical rebalancing of the economy.
A City attempt to lay the foundations of a �5bn merger of Bovis Homes and Berkeley Group is on shaky ground, with Berkeley understood to have rejected the idea.
SINGAPORE, Jan 23 (Reuters) - Oil edged up on Monday on statements over the weekend from OPEC and other producers that they have been successfully implementing output cuts, but gains were limited by a surge in U.S.
Zacks Investment Research upgraded shares of Credit Suisse Group AG (NYSE:CS) from a sell rating to a hold rating in a report issued on Monday.