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Tuesday 08 April 2014
Former Barclays chief Bob Diamond has pilfered one of its senior bankers to run his new African banking venture, Atlas Mara, reports the FT.
Tuesday 08 April 2014
Hi-tech plastics company Victrex has reported continued growth in the company's trading for the first half of the year.
Tuesday 08 April 2014
Asian markets are holding steady after the Bank of Japan maintained its stance on monetary policy and disappointed some investors with a refusal to hike purchases of risk assets.
Tuesday 08 April 2014
BARCLAYS yesterday dodged a potentially embarrassing court case that could have become a landmark in the Libor-fixing scandal, as it settled out of court with a firm that had accused the bank of mis-selling and fraud.
Tuesday 08 April 2014
WILLIAMS and Glyn, the bank being spun off from RBS, will use the below logo on its branches, City A.M. can reveal.
Tuesday 08 April 2014
BRITAIN’S economy is as much as five per cent bigger than previously thought, the Office for National Statistics (ONS) said yesterday.
Tuesday 08 April 2014
LABOUR leader Ed Miliband will today unveil a central pillar of the party’s manifesto for 2015, with a plan to devolve control of £20bn to regions around the UK.
Tuesday 08 April 2014
FACTS are sacred, unlike mere subjective opinions – or so most sensible people believe. In reality, as every good French philosopher would tell you, what we trust to be objective data-based truths all too often turn out to be social constructs.
Tuesday 08 April 2014
FINANCIAL TIMES
Tuesday 08 April 2014
MANUFACTURERS and services firms are reporting the strongest investment and export growth in more than a century, according to the British Chambers of Commerce (BCC), suggesting they may begin to add more to the UK’s economic recovery.
Tuesday 08 April 2014
LONDON’S tech stocks stumbled yesterday after US jitters surrounding the sector late last week reached the City, having sent Asia’s tech stocks into freefall overnight.
Tuesday 08 April 2014
SPORTS Direct founder Mike Ashley is to sell £218m of his majority stake in the retailer in the latest twist in a series of events that saw him snap up a stake in House of Fraser just days ago.
Tuesday 08 April 2014
A NEW top team was appointed to head JP Morgan’s corporate and investment banking (CIB) arm yesterday in a major reshuffle of talent at the institution.
Tuesday 08 April 2014
CAMBIAN, the provider of specialist behavioural health services, looks like having to settle for a valuation towards the lower end of the price range in its forthcoming flotation.
Tuesday 08 April 2014
EXECUTIVES at Lafarge and Holcim must be hoping their investors buy into the idea that good things come to those who wait.
Tuesday 08 April 2014
THE WORLD’S two largest cement companies yesterday confirmed their plans to merge, outlining £4bn of divestments in an attempt to assuage competition concerns.
Tuesday 08 April 2014
IRISH-based pharmaceutical giant Mallinckrodt joined the merger frenzy yesterday by announcing it will buy drugmaker Questcor Pharmaceuticals for around $5.6bn (£3.37bn).
Tuesday 08 April 2014
ARCHITECTS Frank Gehry and Norman Foster unveiled their designs yesterday for the next phase of development at Battersea Power Station that will include 1,300 homes and a new high street forming the gateway to the landmark building.
Tuesday 08 April 2014
CANDY & Candy (C&C), the management and design arm of Nick and Christian Candy’s property empire, has swung back into profit after suffering a loss last financial year.
Tuesday 08 April 2014
RESIDENTIAL developers One Housing Group and Mount Anvil have joined forces to create 121 new homes at Dollar Bay, a new 31-storey tower in Canary Wharf.
Tuesday 08 April 2014
TWO FINANCE companies could face tough penalties after the City watchdog uncovered “egregious failings” in charges levied on customers for financial advice.
Tuesday 08 April 2014
THE CO-OP Bank needs more time to piece together its financial results, the lender said yesterday, as it studies the detail of its latest capital hole.
Tuesday 08 April 2014
BANK bosses should set the tone towards risk-taking in their firms and make sure all staff stick to it, the Financial Stability Board (FSB) said yesterday.
Tuesday 08 April 2014
Peaches Geldof, second daughter of Band Aid founder and musician Bob Geldof, has died aged 25, leaving a husband and two sons.
Tuesday 08 April 2014
CUTS TO graduate recruitment during the recession have led to a shortage of qualified professionals that is set to continue for the next few years, according to recruiter Robert Walters.
Tuesday 08 April 2014
THE CHANCELLOR George Osborne is seeking to win big export contracts for the UK in Brazil, during a trade visit to the country this week.
Tuesday 08 April 2014
DAVID Cameron would be “very open” to overhaul the way MPs monitor and police themselves and is happy to take suggestions on other options, he said yesterday.
Tuesday 08 April 2014
MAGIC circle law firm Linklaters yesterday unveiled its latest round of promotions, making up seven new London partners among the 21 lawyers named.
Tuesday 08 April 2014
ANDREW GIBB | INVESTEC
Tuesday 08 April 2014
BRITISH private equity firm Cinven has sold its remaining stake in French broadband firm Numericable amid a shake-up in France’s telecom market
Tuesday 08 April 2014
TRANSPORT unions yesterday launched a legal challenge to the government’s plan to hand the East Coast Main Line service to a private sector operator.
Tuesday 08 April 2014
CITY fund manager Liontrust Asset Management had its best start to the year for a decade this year after investors poured an extra £160m into UK funds in the first three months.
Tuesday 08 April 2014
BARCLAYS yesterday confirmed the sale of its United Arab Emirates retail arm for £107m.
Tuesday 08 April 2014
THE NUMBER of customers switching their energy supplier rose by seven per cent in March, with the percentage of switches to a smaller firm hitting a record high of 43 per cent.
Tuesday 08 April 2014
GOOD Energy, the Aim-quoted renewable energy firm, yesterday reported a 136 per cent rise in full-year profits to £3.3m, as more customers switch from the big six.
Tuesday 08 April 2014
PAWNBROKER H&T Group yesterday revealed it is bidding to buy assets belonging to its bankrupt rival Albemarle & Bond, after it emerged nine other outfits had bid for the firm.
Tuesday 08 April 2014
THE CO-OPERATIVE Group has signed a deal to open 54 convenience stores on sites formerly occupied by Marston’s pubs.
Tuesday 08 April 2014
DART Energy, one of the few companies that currently has licences to explore for shale gas in the UK, is planning to float on London’s Aim next month.
Tuesday 08 April 2014
Property agency Foxtons said yesterday its chief executive Michael Brown would be taking compassionate leave, and that its chairman and chief financial officer would work closely to ensure the smooth running of the business.
Tuesday 08 April 2014
SABMiller said yesterday that Norman Adami, chairman of its South African business, will retire from the brewer in July.
Tuesday 08 April 2014
The Post Office yesterday unveiled its new range of mortgages using the Help to Buy loan guarantee scheme. Using the government support it will offer 95 per cent mortgages to house buyers with small deposits saved up.
Tuesday 08 April 2014
SPANISH industrial production sped up significantly in the year to February, rising by 2.8 per cent, more than twice as fast as January’s pace and the best reading in more than three years.
Tuesday 08 April 2014
THE JAPANESE and Australian governments finalised the foundations of their free trade deal yesterday, ahead of the much broader Trans-Pacific Partnership (known as TPP).
Tuesday 08 April 2014
INDIA’S general election kicked off yesterday, a mammoth vote that lasts for more than a month and in which over 800m people are enfranchised.
Tuesday 08 April 2014
THE WORLD Bank cut its GDP outlook for several countries in developing east-Asia yesterday, trimming previous forecasts for the world’s fastest growing region.
Tuesday 08 April 2014
THE GREEK government is reportedly primed to issue a sovereign bond within the week, even as the country remains mired in recession.
Tuesday 08 April 2014
INDEBTED pub chain Punch Taverns has finally secured support from bondholders for its plan to push back any upcoming default and extend the window of negotiations for restructuring its £2.3bn debt.
Tuesday 08 April 2014
BLACK boxes could soon be used to revolutionise the vehicle insurance industry in the UK according to a new joint venture by Quindell and the RAC which analysts say could be worth up to £1bn.
Tuesday 08 April 2014
TAIWANESE smartphone firm HTC reported a wider than expected first-quarter loss as its flagship smartphones continue to attract modest sales.
Tuesday 08 April 2014
SAUSAGE maker Cranswick has bucked tough conditions in the grocery market and record pig prices to post strong fourth quarter results yesterday.

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