Category: News Wire

Global stock markets jumped as Mario Draghi defied German opposition and launched an “unlimited” bond-buying programme that he said would provide a “fully effective backstop” to the stricken eurozone economies.

Directors of the UK’s largest companies have seen their average pension provision grow sharply in the last year, the TUC has claimed.

Barclays has turned down a challenge by MPs to fight its corner in a tax row with the Chancellor indicating a dramatic effort by the bank’s new regime to re-build bridges with the Government.

Maggie & Rose, a private club for “yummy mummies”, is raising £800,000 to fund its expansion through an online share sale to its members.

European policymakers warned bankers on Tuesday to expect tougher regulation after a series of scandals had demonstrated the industry was incapable of policing itself.

Confidence in the services sector showed a larger-than-expected jump when survey data was accidentally released ahead of schedule this afternoon, boosting hopes that the UK was on the path to recovery.

Britain’s construction sector activity fell unexpectedly last month as new orders slumped at the fastest pace since the height of the 2008 financial crisis, a further blow to the Chancellor’s recovery plans.

The proportion of shops lying empty has increased in every region in Britain bar London between January and June, according to figures compiled by the Local Data Company (LDC).

British Retail Consortium data shows August was weakest month for sales growth this year

A group of eight MPs have written to Barclays’ new chief executive in protest at the bank’s “deeply disappointing” action over the mis-selling of interest rate swaps.

Moody’s has lowered the European Union’s long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc’s key budget contributors.

The head of Europe’s financial bailout fund, Klaus Regling, said the eurozone crisis could be over in “one or two years” if member states stick to their pledges.

Manufacturers’ organisation says export growth has slowed dramatically, while UK orders have fallen

David Cameron has vowed to show “fighting spirit” as he prepares to announce a series of measures designed to promote economic growth.

Young entrepreneurs graduate from the inaugural ‘Entrepreneur First’ programme, which is aiming to create tomorrow’s tycoons.