Jon Moulton, the boss of Better Capital that owned City Link has spoken of his deep regret at the attempt to turn around the failing company.“We killed ourselves to try to save this company and we failed" he said.
The Unison union has called off plans NHS workers to walk out on 29 January.
After bitter disputes over pay with Health Secretary Jeremy Hunt, the union said a new offer from the Department of Health would be put to its members.
Microsoft’s share price has plummeted almost 10 per cent in morning trading on the New York Stock Exchange, after profits fell in the second quarter.
Shares opened at $42.96 after closing at $47.18 on Monday night.
UK fans of the hugely anticipated Breaking Bad spin-off Better Call Saul should clear their diaries for 9 February.
That's when the very first episode of the new series will be available to watch on Netflix.
The secretary-general of the Organisation of Petroleum Exporting Countries (Opec) has warned under-investment could one day push oil prices as high as $200 per barrel, as crumbling demand risks discouraging producers from pumping money into the
It's being touted as the longest election campaign in history - and don't we know it. With exactly 100 days until the nation goes to the polls, party leaders have well and truly drawn the battle lines.
The threat of a moratorium on fracking, which was debated in parliament yesterday, pushed shares in UK-based oil and gas explorer IGas Energy down by 28 per cent amid fears that the UK’s shale gas industry was about to be put on hold once again.
Confidence in London’s financial technology (FinTech) startup community, and indeed its wider startup sector, was understandably at an all time high yesterday as another of the City’s rising tech stars completed a funding round reaching a $1bn (£6
SHIRE’S $5.2bn (£3.45bn) takeover of NPS Pharmaceuticals just weeks ago is already paying off. Shire shares rose 1.08 per cent yesterday after NPS’s Natpara drug was approved by US regulators over the weekend.
TESCO offloaded its music streaming service Blinkbox Music to Australian firm Guvera yesterday in a deal thought to be worth around £5m, significantly less than the £12m the supermarket paid to acquire the service in 2012.