Spain's perilous position has taken a turn for the worse, with the Bank of Spain announcing that the nation's economy is continuing to shrink.
Close Brothers has delivered a solid financial performance
The Euro had seen a strong recovery over the last few weeks following the ECBís announcement and the German court decision on the countryís involvement in the European Stability Mechanism. It reached a 4-month high against the Dollar and even managed to rally against the Swiss Franc.
Pawnbrokers Albemarle & Bond have announced a reduced number of store openings in the coming year due to the drop in price for gold.
Horby, the iconic toymaker, have said that they will not make a profit this year following disappointing sales of London 2012 merchandise and supply problems.
By Claire West JB Sports plc,one of the UK's leading sports retailers is calling in the administrators. JJB was originally formed in 1971 and the company shares are quoted on AIM. Trading in shares has been suspended although the company says that all of its outlets will be open... read more
Sterling hits a 1-year high as the Dollar sell off continues
In further action to make Britain one of the best places in the world to start, run and grow a business, the Government has developed a set of ambitious proposals with London Stock Exchange to attract entrepreneurs and high-growth companies.
The Financial Services Authority (FSA) has fined Pi Financial Limited (Pi) £58,300 for advising its clients to invest in high risk products which were clearly unsuitable.
The owners of Zara fashion stores, Inditex, have seen first half profits rise following an increase in both stores and new customers.