Macquarie Group is eyeing a bid for the aircraft-leasing business being sold by the Royal Bank of Scotland, a unit said to be worth more than $6 billion... more
Given all the rain that has fallen during the past few days, it seems strange that shareholders of the main water utilities are bracing themselves for something of a drought as far as their fortunes are concerned in the years ahead ... more
The already high stakes in the battle between the former partners in the £3 billion redevelopment of the Chelsea Barracks site are set to get even higher
... more
Office rents in the City of London will start rising again next year as the recovery in the economy and financial sector stimulates demand for space.... more
Office rents in the City of London will start rising again next year as the recovery in the economy and financial sector stimulates demand for space ... more
Shares of the UK’s two biggest package holiday operators were enjoying a blue-skies scenario today as they led the market higher. TUI Travel sported a rise of 8.7p to 265.3p while Thomas Cook added 6.7p at 251.7p as steps were being taken to clear a large overhang of stock ... more
Leading shares looked to consolidate their position above the 4900 level on the London stock market today, forcing nervous investors to hedge their positions ... more
Bank of America has raised $7.3 billion (£4.8 billion) by selling a 6% stake in China Construction Bank as it struggles to raise the $34 billion which US regulators say it needs to pass their stress tests ... more
Two former managers of the Bank of China and their wives have been given up to 25 years in jail after stealing more than £320million from the bank... more
Banking: There is growing speculation that Royal Bank of Scotland may dump its Bank of China stake as a three-year lock-up on the shares expires... more
Banking: The UK taxpayer could make more than £6 billion on the Government's majority stake in Royal Bank of Scotland if leading broker Merrill Lynch has got its sums right... more
The reddest face in Edinburgh belongs to Archie Hunter, a 64-year-old former president of the Institute of Chartered Accountants of Scotland - and chairman of the Royal Bank of Scotland's audit committee.... more
Tonight:
3°c
