Sterling's dramatic appreciation at the start of the year has put a dampner on hiring and economic growth, a member of the Bank of England's Monetary Policy Committee has warned.
Sainsbury's shares have closed down 7% after it reported a fall in sales for the past quarter. It said like-for-like sales, excluding fuel, in the three months to the end of September fell 2.8%, its third consecutive quarterly sales fall.
Songbird Estates has agreed to sell one of its Canary Wharf buildings, 50 Bank Street, for �153.5m to a prominent Hong Kong family, the latest deal in a growing trend of Asian investment in the capital's commercial property market.
Every so often, a company announces that it is considering its �strategic options� for one of its businesses, which means that it wants to ditch it as soon as possible.
SHARE orders worth more than Sweden's entire economy had to be cancelled after the biggest 'fat finger' trade ever. The 40 trades, worth 67.78 trillion yen ($706 billion), were cancelled in Tokyo before they could be executed, Bloomberg News reports.