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Inflation falls to 1%

16/12/2014

The UK rate of inflation, as measured by Consumer Prices Index (CPI), fell to 1% in November, the Office for National Statistics (ONS) has revealed.


 

Co-op Bank fails stress test

16/12/2014

The Co-operative Bank has failed a 'stress test' by the Bank of England which measured the ability of the UK's major lenders to cope with a financial crisis.


 

Fare-dodger banned from The City

15/12/2014

The London banker who avoided train fares totalling more than 40,000 has been banned from working in The City.


 

Canary Wharf set for 17,000 new jobs

11/12/2014

More than 17,000 jobs will be created in Canary Wharf after the Mayor of London Boris Johnson approved plans to create a new waterside community on its eastern edge.


 

Asian shares hit by falling oil prices

11/12/2014

Fears of slowing global growth rates and falling oil prices saw Asian shares fall on Thursday.


 

Early interest rate rise 'a huge risk'

10/12/2014

An early increase in interest rates would be "a huge risk" to the UK economy, according to the British Chambers of Commerce (BCC).


 

HSBC head of EMEA forex 'let go'

10/12/2014

HSBC has dismissed its head of foreign exchange trading for Europe, Middle East and Africa.


 

KFC profits hit by slow sales in China

10/12/2014

Yum Brands, the owners of food outlets KFC and Pizza Hut, has cut profit forecasts due to slow sales in China.


 

Tesco slashes 1 billion off profit forecasts

09/12/2014

Tesco has slashed 1 billion off its full-year profit forecasts, adding to the supermarket's woes.


 

Oil price slump hits Asian shares

09/12/2014

Asian shares were down on Tuesday after Monday's highs thanks in large to losses on Wall Street and declining oil prices.


 

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