A tough summer for B&Q owner Kingfisher sent its shares into reverse yesterday after it revealed weaker than expected trading in many of its markets.
LONDON (Alliance News) - Balfour Beatty PLC late Thursday confirmed it is in preliminary talks for the creation of a construction services powerhouse via a GBP3 billion merger with Carillion PLC.
LONDON (Reuters) - Britain's Lloyds Banking Group confirmed on Friday that it was close to agreeing a settlement over allegations of manipulating benchmark interest rates.
The UK economy is finally expected to emerge from a six-year downturn when official figures today show gross domestic product (GDP) has recovered to pre-recession levels.
House prices in Britain have stalled as the number of new buyers plummeted in July and consumer sentiment shifted from over-zealous to cautious.