Airbus-owner EADS is axing 5,800 jobs in its defence and space arms, including about 450 in Britain, and closing its Paris headquarters as it refocuses the group on its soaring commercial aircraft business.
Lloyds Banking Group Plc (LLOY), Britain's largest mortgage lender, plans to sell its stake in St. James's Place Plc (STJ) for about 701 million pounds ($1.2 billion) as it focuses on its main retail and commercial businesses.
LONDON (Reuters) - Two of Britain's biggest grocers warned they may have to put up prices in Scotland if the country votes for independence in next year's referendum.
Chancellor George Osborne delivered his Autumn Statement on 5 December 2013. While some of the policies had already been widely predicted, there were some surprises in the package announced.
Barry Stevenson, who resigned in April after a profit warning, picked up a total package of �631,000 last year, the firm's annual report shows.