LONDON (ShareCast) - The UK government opted against selling its entire stake in Royal Mail (LSE: RMG.L - news) when shares were trading near a post-privatisation high, in order to avoid breaking a lockup agreement and upsetting City investors.
NEW YORK (Reuters) - British banking company Standard Chartered Plc (STAN.L) will pay a $300 million (180.52 million pounds) penalty and suspend or exit some important businesses after failing to weed out risky transactions that could be linked to money ...
Scotland-based hydrocarbons explorer Cairn Energy Plc has said it in talks with Indian authorities to amicably settle a tax dispute dating back to when it listed its India unit in 2006.
THE chief executive of Wood Group has said the Scottish oil services giant sees opportunities to make further acquisitions in the UK where the company is enjoying what it called robust business.
Small businesses face a �1billion 'backdoor tax' from insurance companies looking to recoup the costs of complying with a government cap on pension charges.