The Bank of England today gave its biggest signal yet that it is preparing to inject more money into the struggling economy as Britain’s High Street woes deepened.
Nationwide Building Society showed the banks a clean pair of heels today, reporting it is sharply increasing mortgage lending and offering hope to small businesses that are starved of credit.
The arrival of Lovefilm and Netflix in Britain has weakened the grip of BSkyB in the pay-TV movie market, the Competition Commission said today, making it less likely that the regulator will intervene in the sector.
Greece was given a fresh warning over sticking to the terms of its €130 billion (£104 billion) bailout today, as Germany and France geared up for a fresh row over a solution to Europe’s debt crisis.
Britain’s north-south divide is worsening: those in the north can’t afford a bus ticket and operator FirstGroup is selling off routes that bring in £100 million of revenues as a result.
Shares in Mozambique explorer Cove Energy shot up 10% today as Thailand’s PTT Exploration and Production made a £1.22 billion offer, exceeding an earlier bid from Shell.
Burberry is ramping up expansion plans after earmarking £200 million to spend on new stores this year as global demand for its luxury goods defies a consumer downturn in the UK.
House of Fraser has blamed the warm weather, the consumer downturn and costs associated with opening a new distribution centre for a sharp fall in its profits last year.
Two of London’s biggest landlords defied turmoil gripping the eurozone and a double-dip recession today amid booming demand for space in London’s West End.
Premier League bosses couldn’t have wished for a better end to the football season as they prepared to auction their TV rights for the next three years.
The Bank of England today gave its biggest signal yet that it is preparing to inject more money into the struggling economy as Britain’s High Street woes deepened.
Online grocer Ocado gave its bruised shareholders cause for hope today as it delivered improved sales growth, putting behind it last year’s “capacity constraint” problems at its warehouse in Hertfordshire.
Ford Motor Company received its second "investment grade" credit rating last night, allowing the second-largest US car maker to reclaim its Blue Oval insignia and other assets it mortgaged in 2006 to fund its turnaround plan.
In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company.
Formula One’s share flotation rolled onto the starting grid today as venture capitalist CVC sold a $1.6 billion (£1 billion) stake in the business to three investment groups including BlackRock.