Category: News Wire

Move would give managers a longer-term view of their business, opines new deputy chairman Sir Gerry Grimstone

Deutsche Börse is closing in on a deal to merge with the London Stock Exchange within days, unless there is a counterbid from America. The “merger of equals” could be agreed as soon as the end of next week.

Tesco is planning to take advantage of the fallout from Hutchison’s £10.25bn takeover of O2 with a big push in the UK mobile market, seeking to expand sales outside the tough groceries market.

Elaborate arrangement that involved shifting money between companies within group breached legislation, judge rules

Big Six energy provider RWE npower has confirmed plans to cut 2,400 jobs in Britain as part of a restructuring of the loss-making business.

Foxtons said it has been hit by falling volumes in central London as stamp duty pressures put off buyers.

BHS has warned its creditors that they stand to lose as much as £1.3bn if they do not agree to a drastic turnaround plan this month.

Analysis finds gap of £5,732 or 24% in average annual salaries in UK, prompting calls for more to be done to tackle problem

A senior business figure resigned last night, days after being suspended for supporting Brexit.

Tens of thousands of City bankers could face seven years in jail or a limitless fine under new regulation being put in place today.

The number of physical stores selling music, films and games has surged to a record high as non-specialist vendors such as supermarkets, beauty shops and clothing retailers stock up on entertainment products, reports The Telegraph. There are now 14,727 bricks and mortar retailers selling music, up from 10,391 a year ago, according to the annual yearbook from the […]

The London Stock Exchange (LSE) has said a merger with Deutsche Boerse would be “compelling” as the UK firm reported a rise in profits for last year.

Social media giant to pay more British tax on advertising revenue after changing corporate structure

George Osborne faces pressure within government to rule out radical changes to pensions tax relief, with Ros Altmann, the pensions minister, cautioning against an overhaul of the system.