M&S showed new signs of life yesterday after reporting sales of its womenswear clothing collection have risen over the past three months, helped by Annie Lennox as part of its star-studded Leading Ladies marketing campaign.
LABOUR has admitted it made a mistake by staying silent about immigration when in government, on the same day the Office for National Statistics admitted it underestimated net migration by almost 350,000 people.
Spain’s Bankia, rescued by the state from near financial collapse in 2012, has announced it raised £1.26bn by selling its 4.94 per cent stake in energy giant Iberdrola. The sale of 315m shares was led by UBS and Citi.
New rules making it easier for Britons to switch banks resulted in a 14 per cent increase in the number of customers moving accounts in the six months since they were introduced, the Payments Council will say today.
SOUTH London is leading the housing boom in the capital and the UK as a whole, according to figures out today from LSL Property Services.
Prices in Lambeth soared 31.5 per cent in the last year to an average of £551,662 in February.
MARKS & Spencer’s revamped womenswear collection, which has been fronted by stars including Dame Helen Mirren, showed signs of recovery in the fourth quarter despite overall general merchandise sales falling for an 11th consecutive quarter.
BRITAIN could have less than a year left before the Bank of England considers raising interest rates, analysts hinted yesterday.
The warning came as the Bank’s monetary policy committee (MPC) held interest rates again yesterday.
THIS was the week when a sudden reality check intervened in the new issues market. It came after a blissful start to the year that has seen share prices popping, books covered multiple times and investors cashing out most profitably.
MAJOR BP shareholder Standard Life yesterday said it would back the oil company’s executive pay report for just the second time in nine years, after it called on the remuneration committee to beef up its targets.
SCOTTISH oil and gas explorer Cairn Energy yesterday said its deputy chief executive and its chief financial officer are stepping down for “long term succession planning reasons”, merely weeks after founder Sir Bill Gammell said he would retire as
African budget airline Fastjet yesterday raised £11m through a private placement of shares, including a £1m investment from a unit of EasyGroup, the firm led by EasyJet founder Sir Stelios Haji-Ioannou.
Rothesay Life, the life insurer co-owned by Blackstone and Goldman Sachs, yesterday struck a £111m bulk annuity deal with Western United Group Pension Scheme. It follows a similar £115m deal between the two last year.