Category: News Wire

The £200m cost of the scheme will come from the Deutsche Bank fine for trying to manipulate Libor and Euribor inter-bank rates

The High Court on Friday granted permission for a judicial review of a scheme set up by Britain’s financial regulator to compensate small firms mis-sold interest rate hedging products.

Britain’s billionaires have seen their net worth more than double since the recession, with the richest 1,000 families now controlling a total of £547bn.

A letter signed by the representatives of 5,000 small businesses calls for the Conservatives to be “given the chance to finish what they started”.

Loss-making retailer warns it will miss City forecasts, citing ‘challenging conditions’ on the high street

The bank said the review followed “regulatory and structural reforms” since the financial crisis.

British coffers are boosted by bumper tax receipts, though leading think-tank warns that Labour plans will add £90bn to Britain’s debt pile by the end of the decade

Facebook shares crashed in after-hours trading on Wednesday as the social media company narrowly missed Wall Street’s expectations.

Tesco reports an annual pre-tax loss of £6.4bn after suffering a slump in sales and an accounting scandal

Lone trader Navinder Singh Sarao “significantly responsible” for causing the May 2010 market crash which saw the Dow Jones lose almost 1,000 points in a matter of minutes

The payday lender made a loss of £37m last year, compared to a £40m profit the year before

New survey reveals most financial workers want the UK to remain part of the Euopean Union despite more than 40pc believing that Brussels is actively hostile towards their industry

Profit increase masks flat like-for-like sales blamed on unseasonably warm weather as discount clothing retailer gears up for push into US.