Huge fines and revelations about some bankers’ bad behaviour in years gone by is obscuring recent progress made in cleaning up the industry, Bank of England deputy governor Minouche Shafik said last night.
Flybe launched its first service to London City Airport yesterday, aiming to connect the regions with the heart of London’s financial district, just over a year after it left Gatwick during its restructuring.
OIL PRICES will continue to decline in 2015, according to analysts form Goldman Sachs, who have also stated that the Organisation of the Petroleum Exporting Countries (Opec) has lost its pricing power.
MINING firm Petra Diamonds has reported its highest quarterly production since the company launched in 1997, at 833,744 carats for the first quarter of 2014-15, up two per cent from the 816,735 carats recorded at the same time last year.
EMERGENCY power supplier APR Energy’s shares fell by 6.6 per cent yesterday after the company warned that profit may fall at the lower end of expectations for 2014 in its third quarter results published yesterday.
UK PENSION provider Partnership Assurance revealed yesterday that the Financial Conduct Authority (FCA) had ceased its investigation into the company in relation to possible breaches of the regulator’s Retail Distribution Review (RDR) rules.
SILICON Valley’s stranglehold of creating leading software businesses is weakening as less than 40 per cent of the 134 software companies reaching a billion-dollar valuation over the past 10 years have come from the legendary tech hub.
INSURERS are refusing to cover new Range Rovers in London after a spate of thefts of the high-end cars.
Underwriters are wary of insuring the models, which cost around £100,000, unless they are parked securely and have tracking devices.
MINING company Condor Gold has finalised the terms of an equity subscription agreement with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, to raise approximately £3.51m.
AN ANNOUNCEMENT by Randgold Resources stating that its Tongon mine in Cote d’Ivoire has finally turned a corner after experiencing technical difficulties failed to stop a decline in its share price yesterday.
When I was a child, Radio 4 was permanently on in the kitchen, and I still listen to it at every opportunity. I have never been a great fan of the Archers, but it has been a constant in my life, despite the banal story lines.