More ammo for the supermarket price war cynics. Tesco's supposed Price Drop campaign on "3000 items" has created many a positive headline for the company, but guess what?... more
The colour red may have been dominating trading screens today, but that didn't stop some in the City talking up the likelihood of a takeover boom... more
Victoria Gould, one of Tony Blair's closest aides since he quit Number 10, is leaving the Office of Tony Blair to become Tesco's head of government affairs... more
Takeover rumours have injected some excitement into the markets in recent weeks, but it was the collapse of a deal which was today's major talking point... more
Household goods giant Reckitt Benckiser looks to grab a bigger share of the Indian healthcare market today with a £460 million deal for Paras Pharmaceuticals... more
London stockbroker Evolution Securities said it was mulling a bid for smaller rival Panmure Gordon in what could trigger a fresh wave of takeovers in the small broking sector... more
Market Round-up: Smith & Nephew is on its sickbed as talk of a large placing of shares and sluggish sales from a rival weighs on the artificial hip maker... more
Market Round-up: Speculation that Prudential may now find itself the pursued rather than the pursuer pushes the insurance giant up the Footsie winners’ list... more
Market Round-up: As Royal Bank of Scotland’s shares hit highs not seen since December 2008, one analyst warns that the strong run is unlikely to continue... more
Stephen Hester has been making the rounds of the big City institutions and the word is that the Royal Bank of Scotland boss is far more optimistic in private than he has been in public... more
As investors spent a second day panicking over the impact on financial stocks of President Obama’s War on Wall Street, oil shares did their best to claim a little of the limelight... more
Investment bank Canaccord Adams today bought Intelli Corporate Finance, an advisory boutique that specialises in asset management, from Midas Capital ... more
City stockbroker Panmure Gordon secured £23 million of funding from the Middle East after a dramatic three-way battle between potential investors ... more
Afternoon:
8°c
