Advertisement

Advertisement

Advertisement

Advertisement

 

Subscribe to our City News News Feed Subscribe to the RSS Feed

No large scale tax cuts in Autumn Statement, Cable says

10/11/2011

Business Minister Vince Cable has said that the government is not about to introduce large scale tax cuts or big increases in public spending to boost growth.


 

Friends Life creates new asset management business

09/11/2011

Friends Life today (Wednesday) announced the creation of Friends Life Investments - a new in-house asset management business - which will launch in the second half of 2012.


 

Lloyds face potential downgrading from Moody's

09/11/2011

Credit ratings agency Moody's have confirmed that they are considering downgrading Lloyds' rating following the illness of chief executive Antonio Horta-Osorio.


 

HSBC shares dip as profits fall

09/11/2011

Shares in HSBC have fallen today after the bank revealed a decrease in underlying profits.


 

Profits at Sainsbury's remain on track with 7.6% rise

09/11/2011

Despite what they called a 'tough economic environment' Sainsbury's have announced that total sales, including VAT and fuel were up 7.6 per cent to 12,848 million as of October 1st.


 

Kesa sells Comet electrical stores for 2

09/11/2011

Kesa Electricals plc has announced today (Wednesday) that it has entered into an agreement with Hailey Holdings Ltd and Hailey Acquisitions Limited, to sell to them Comet Group plc, its subsidiaries and Triptych Insurance N.V. for an aggregate consideration of 2.


 

Silvio Berlusconi vows to resign as Italian PM

08/11/2011

The long saga centring around Italian Prime Minister Silvio Berlusconi may well be coming to an end after he said he will resign if his economic reforms are passed.


 

PPI claims see Lloyds report 3.2 billion losses

08/11/2011

Lloyds Banking Group have reported a 3.9 billion loss for the opening three quarters of 2011.


 

M&S profits dip on cost promotions

08/11/2011

Marks & Spencer Plc (LSE: MKS) have seen profits dip 28million to 320m despite an overall growth in sales volume.


 

Governance at the Bank of England too weak, report finds

08/11/2011

Governance at the Bank of England must be strengthened to reflect its new powers, MPs on the Treasury Committee have demanded in a report published today (Tuesday).