Independent financial advisers (IFAs) are up in arms over the Government's Retail Distribution Review (RDR). The IFAs argue that the review, the recommendations of which are scheduled to come into effect next year, may drive them out of business... more
British energy services operator John Wood agrees to sell its well support division to General Electric for about $2.8 billion in the latest move by the largest U.S. conglomerate to boost its presence in oil services... more
Another British energy services provider is gobbled up by US giant General Electric as John Wood Group sells its well support arm for $2.8 billion (£1.75 billion)... more
Directors of oil services group Wellstream will be at least £22 million richer after the firm succumbs to an improved £800 million offer from US conglomerate General Electric... more
Oil services group Wellstream spurns a £755 million takeover offer from the US conglomerate General Electric, prompting speculation it is in talks with rival bidders at a higher price... more
Finance: Billionaire investor Warren Buffett has seen the instant paper profits he made on General Electric and Goldman Sachs shredded as the market continues to slide... more
He really can't resist it, can he? You might think that after more than a decade of introducing economically trivial, crowd pleasing measures as Chancellor, Gordon Brown could kick the habit as Prime Minister... more
Enforcement: The Financial Services Authority, have slapped a £1.12 million fine on one of the country's largest providers of subprime mortgages in a clear message to the industry that it expects it to sharpen up its act... more
General Electric is in the final stage of talks to sell its Japanese credit-card and housing-loan units to Shinsei Bank as its cost-cuts programme continues... more
PROFILE Maverick financier Clive Cowdery wants the troubles of Britain's second-tier lenders to be the catalyst for a new financial heavyweight. He's been here before... more
General Electric may sell off its large-appliances division, which makes fridges and washing machines, after more than 100 years in the industry... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
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