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Lloyds to cut 9,000 jobs

23/10/2014

Lloyds Banking Group is expected to announce plans to cut 9,000 jobs over the next three years.


 

Debenhams profits fall 25%

23/10/2014

Debenhams has reported a 24.8% fall in its annual profits, after unusually warm weather affected last year's winter sales.


 

KPMG and FCA criticised over Co-op

23/10/2014

A report into the Co-op Bank's failed attempt to buy 632 Lloyds branches has criticised KPMG and the Financial Conduct Authority (FCA).


 

Bank of England maintains 7:2 vote against interest rates rise

22/10/2014

The Bank of England's Monetary Policy Committee (MPC) maintained its 7:2 voting split on its decision not to raise interest rates, according to the committee's meeting minutes.


 

Public sector borrowing rises to 11.8bn

21/10/2014

Public sector borrowing was up to 11.8 billion in September, according to the Office for National Statistics (ONS).


 

Advice for customers affected by Bank of England payments crash

21/10/2014

Customers affected by the crash of the system which handles the Bank of England's transactions are being instructed to contact their bank for help.


 

ASOS profits fall but sales rise

21/10/2014

Online fashion retailer ASOS has reported a 14% fall in annual profits, despite an increase in sales.


 

Economic growth to fall to 2.4% in 2015

20/10/2014

The UK economy will grow by 2.4% in 2015, well below the 3.1% growth expected this year, according to forecasting body EY Item Club.


 

Adidas shares up on Reebok bid rumour

20/10/2014

German sportwear manufacturer Adidas has seen its share price rise by 6% after reports suggest a group of investors are preparing a bid for its Reebok brand.


 

FTSE 100 bounces back in early trading

17/10/2014

Share prices in London showed signs of bouncing back in early trading this morning (Friday) after the troubles of the past two days.


 

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