Mark Carney has vowed to overhaul the Bank of England's dealings with the City and its governance as he attempts to shore up the bank's authority amid the escalating scandal over the manipulation of foreign exchange markets.
17.30 (CLOSE): Sports Direct extended its strong run on the stock market today after confirming details of a bonus scheme that could see its founder land a shares windfall worth up to �65million.
... �. * ECB policy to be accommodative for some time - Constancio. * Emerging currencies weaken with commodities on China concerns.
LONDON (Reuters) - Lloyds Banking Group (LLOY.L) said on Tuesday it would cap the pensions of around 35,000 employees in a move that will boost income by 1 billion pounds ($1.66 billion) but risks a backlash from disgruntled employees.
NEW YORK�U.S. stocks ended lower on Tuesday, as the market paused in its recent run to record highs. While the S&P 500 has carved out a series of record highs, traders and investment managers say the market is in a holding pattern until they can get a ...