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Wednesday 16 April 2014
THREE former brokers at Icap were in court yesterday facing allegations of conspiracy to defraud by trying to manipulate key inter-bank interest rate Libor.
Wednesday 16 April 2014
YESTERDAY was a glorious, sunny day in London – clear blue skies with a hint of the crisp spring weather that typifies a British April. Lunching City workers donned light coats and sunglasses, keen to soak up the rays.
Wednesday 16 April 2014
DEBENHAMS’ shares climbed four per cent yesterday as investors welcomed plans to refocus its promotional strategy after a disastrous first half in which profits fell by almost a quarter.
Wednesday 16 April 2014
JML, the household products maker set up by Labour donor and economist John Mills, said profits fell by more than a quarter last year despite a 12.4 per cent rise in sales.
Wednesday 16 April 2014
BOOMING online sales helped House of Fraser deliver record gross profits last year, the department group said yesterday in the wake of its acquisition by Chinese conglomerate Sanpower.
Wednesday 16 April 2014
A STRONG performance from JD Sports’ sportswear arm helped profits sprint ahead of expectations last year, despite losses at the retailer’s struggling fashion business.
Wednesday 16 April 2014
TAXI drivers in Belgium could face a €10,000 (£8,260) fine every time they pick up a passenger who has booked through smartphone app Uber, a Brussels court ruled yesterday.
Wednesday 16 April 2014
DRINKS giant Diageo has launched a $1.9bn (£1.13bn) bid to nearly double its stake in India’s largest spirits firm United Spirits.
Wednesday 16 April 2014
SABMILLER, the FTSE 100 brewer, is considering selling its 39.6 per cent stake in Tsogo Sun Holdings, the South African casino and hotel firm.
Wednesday 16 April 2014
TEMPORARY power provider Aggreko’s share price spiked yesterday, after a bumper trading update unveiled a five per cent rise in revenues for the first three months of the year.
Wednesday 16 April 2014
RIO TINTO’S chief executive Sam Walsh yesterday stuck to his guns about the miner’s expansion plans, blaming a quarter-on-quarter fall in iron ore shipments and output on bad weather in Western Australia.
Wednesday 16 April 2014
JAWAHAR HINGORANI | S&P CAPITAL IQ
Wednesday 16 April 2014
THE UK’s love of pets is costing the country almost half a billion pounds a year in insurance claims.
Wednesday 16 April 2014
TALKTALK and Sky will bypass BT’s national fibre broadband network, which they complain overcharges and under-delivers, with a trial of their own dedicated fibre network in York.
Wednesday 16 April 2014
STRUGGLING pub operator Punch Taverns has breached its debt obligations relating to part of its £2.3bn debt mountain, the company said yesterday.
Wednesday 16 April 2014
QUINTESSENTIAL French cigarette brands Gauloises and Gitanes will no longer be made in France as part of Imperial Tobacco’s dramatic cost cutting measures that will send production of the brands to Spain.
Wednesday 16 April 2014
THE UK’S second biggest pawnbroker Albemarle & Bond will remain a fixture of the high street after it was rescued from bankruptcy yesterday.
Wednesday 16 April 2014
THE MONEY supply in China is growing at the weakest pace since 2001, according to official figures released yesterday, as analysts prepare for an announcement of more modest GDP growth today.
Wednesday 16 April 2014
THE EUROZONE’S trade surplus expanded in February according to figures published yesterday in Brussels, with the size of Germany’s exports continuing to raise the prospect of a growing political row.
Wednesday 16 April 2014
INVESTOR morale has been knocked by the recent political turmoil in Ukraine, according to a leading German survey released yesterday. The Zew index declined for a fourth straight month in April, dipping to 43.2 from 46.6 in March.
Wednesday 16 April 2014
BRITISH parents are among the least likely to say that paying for a child’s education is a good investment, according to a report released this morning.
Wednesday 16 April 2014
Energy secretary Ed Davey yesterday wrote to the gas and electricity suppliers, calling for more detailed information on the cost of the Energy Company Obligation (Eco), a scheme that obligates the larger firms to install energy-saving measures in
Wednesday 16 April 2014
FTSE 250-listed miner African Barrick Gold yesterday said its West Kenyan test site has shown signs of significant gold mineralisation.
Wednesday 16 April 2014
Hochschild Mining, the FTSE 250-quoted precious metals explorer, yesterday said first-quarter silver production hit 5.9m ounces, beating analysts’ expectations, and that it is on track to reach a full-year target of 21m silver ounces.
Wednesday 16 April 2014
AS PART of Ryanair’s quest to revamp its image, the low-cost airline has launched its first TV campaign in 25 years.
Wednesday 16 April 2014
NEXTENERGY Solar Fund, an investment company solely focused on solar energy assets in the UK, today said it has raised £85.6m from its initial public offering on the London Stock Exchange.
Wednesday 16 April 2014
FTSE 250-listed software company Micro Focus has announced plans to split the role of executive chairman into separate chief executive and chairman roles over the coming 12 to 24 months.
Wednesday 16 April 2014
RSA has picked Paul Whittaker, its emerging markets boss, to fill the newly-created job of chief operating officer.
Wednesday 16 April 2014
Outsourcing firm G4S yesterday said it has won a £4m contract to provide facilities management services to three regional HMRC tax offices.
Wednesday 16 April 2014
Aim-listed Petroneft, the loss-making oil and gas explorer, yesterday said that a long-awaited farmout agreement for a 50 per cent stake in one of the licence areas it owns in the Tomsk region of Russia is set to go ahead next week.
Wednesday 16 April 2014
Engineering firm WS Atkins yesterday said it has been selected as the preferred bidder on a decommissioning contract for a Sellafield nuclear facility, as part of an equal three-way joint venture with France’s Areva and UK firm Mace.
Wednesday 16 April 2014
Turner & Townsend
Wednesday 16 April 2014
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Wednesday 16 April 2014
THE UK’S top shares sank to their lowest close in three weeks yesterday, hit by mining companies on concern about demand, while the deteriorating situation in Ukraine and doubts about corporate earnings hurt broader sentiment.
Wednesday 16 April 2014
US stocks ended a volatile session higher yesterday, lifted by gains in such blue-chip names as Coca-Cola and Johnson & Johnson, though persistent weakness in momentum names limited the Nasdaq’s advance.
Tuesday 15 April 2014
Buying a home in the UK will set you back £235,000 on average, according to the latest figures published this morning by the Office for National Statistics (ONS).
Tuesday 15 April 2014
A shareholder at Rio Tinto’s annual meeting today accused the company of “getting as bad as BP”, referring to its health and safety record due to 33 deaths at the Grasberg mine in Indonesia last year.
Tuesday 15 April 2014
A Belgium court has ruled that one of the world's most innovative taxi services, Uber, is now illegal. Should the company have the temerity to continue its business it will be fined €10,000 (£8,200) for each violation.
Tuesday 15 April 2014
Imperial Tobacco has announced this afternoon that it’s shutting factories in England and France, resulting in around 900 job losses.
Tuesday 15 April 2014
This morning’s official figures confirmed another drop in inflation, with consumer prices rising by only 1.6 per cent in the year to February, the lowest in
Tuesday 15 April 2014
US stock futures have edged slightly lower on the back of inflation and manufacturing data. US inflation inched up in March by 0.2 per cent, meaning an annual rate of 1.5 per cent.
Tuesday 15 April 2014
The race to use drones is the latest gold rush to consume our technology giants. One by one the main players are scooping up drone making firms, coming up with drone master plans and picking up the drone scent where others have left off. 
Tuesday 15 April 2014
Coca-Cola has announced a fall in profits of eight per cent for the first quarter of 2014 after volumes in Europe wa
Tuesday 15 April 2014
Competition is hotting up in the London office market, with space under offer now at its highest level since 2000, thanks to companies, who had previously shelved plans to move, kick-starting their search for new locations in the capital.
Tuesday 15 April 2014
The European Union has proudly announced that it will be lifting €500m worth of tariffs on Ukrainian goods.
Tuesday 15 April 2014
Want to understand what's driving stunning UK house price growth? The answer lies with a lack of planning permits, says Sam Bowman, research director at the Adam Smith Institute.
Tuesday 15 April 2014
Investor confidence in the Eurozone reached a high last seen in July 2011 this month.
Tuesday 15 April 2014
Inflation keeps moving lower, having fallen below the Bank of England's two per cent threshold in January for the first time in four years.
Tuesday 15 April 2014
JD Sports has reported a profit before tax jump of 27 per cent to £77m, beating analysts' estimates of £74m.
Tuesday 15 April 2014
Pub operator Punch Taverns has achieved a profit before tax of £50m for the 28 weeks to 1 March and is on track to meet

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