Sterling's dramatic appreciation at the start of the year has put a damper on hiring and economic growth, a member of the Bank of England's Monetary Policy Committee has warned.
Mike Coupe Sainsbury's chief executive Mike Coupe is matching prices on brands against Asda. Photograph: Sainsbury's/EPA. Another day, another strategic review in supermarket land.
Songbird Estates has agreed to sell one of its Canary Wharf buildings, 50 Bank Street, for �153.5m to a prominent Hong Kong family, the latest deal in a growing trend of Asian investment in the capital's commercial property market.
The unleashing of 67.78 trillion yen ($617 billion) of mistaken stock orders in Japan is reviving concern about the accountability of brokers overseeing trades in the world's second-biggest equity market.
Every so often, a company announces that it is considering its �strategic options� for one of its businesses, which means that it wants to ditch it as soon as possible.