LONDON (Reuters) - British companies plan to cautiously relax their grip on pay in 2015, but rises will be limited by higher costs for holiday pay and workplace pensions, as well as weak productivity growth, the Confederation of British Industry said on Monday ...
The domination of the Organization of Petroleum Exporting Countries (Opec) over the global energy market has come to an end, according to a former head of the oil cartel.
Senior financiers in London are predicting a 21% boost in bonuses for 2014 despite regulatory crackdowns and a raft of banking industry scandals.
Home improvements retailer Kingfisher has agreed to sell a controlling stake in B&Q China to Wumei Holdings. The 70% stake sale will net the DIY retailer �140m in cash, Kingfisher said.
The average household pays �274 more in taxes than it receives in benefits and services, according to an analysis by the Taxpayers' Alliance, while the top 10 per cent of households pay a huge �30,023 more in taxes than they receive through state services.