Reports of the death of the bank branch have been greatly exaggerated, the boss of the Nationwide declared yesterday. Graham Beale said Britain's biggest building society will invest �500m in improving its 700 branches over the next five years, bucking the ...
Public borrowing last month fell to a seven-year low, giving a boost to George Osborne before his first budget in a majority Conservative government.
... * U.S. consumer prices for April better than forecast. * Fed Chair Janet Yellen speech pressures gold slightly (Rewrites first paragraph, updates prices, adds comment).
The Competition and Markets Authority (CMA) has expressed its concern over the potential purchase of the K-Y Jelly brand by Reckitt Benckiser (RB) from Johnson & Johnson, saying that the price of sexual lubricant could slip to new highs.
... * FTSE 100 up 0.5 percent, highest in 10 days. * UK public finances improve by more than expected. * Vodafone up 4.0 percent. * Dixons Carphone and Travis Perkins also get upgrades.