UK economic growth picked up pace in first quarter, CBI report reveals
According to the Confederation of British Industry (CBI), UK economic growth picked up pace in this year’s first quarter.
The news is set to increase...
Greece will pay the IMF back, says Lagarde
Greece is set on meeting its financial obligations to the IMF.
Greece’s finance minister met with Christine Lagarde in Washington and reassured her that the...
Pensioners lack awareness about upcoming pension reforms
Apparently not enough has been done by pension providers to keep people up to date about upcoming retirement changes in the UK on April...
Buffet would not raise rates by much if he ran the Fed
Warren Buffet, CEO of Berkshire Hathaway, said that if he ran the Federal Reserve he would not raise interest rates by much.
When Buffet was...
Co-operative Bank closing 57 branches this year as part of turnaround plan
Co-operative Bank plc said that it will close a further 57 branches this year as part of its turnaround plan, reducing its branch network...
BoE’s next move is to increase rates, not cut them, says Mark Carney
Bank of England Governor Mark Carney said on Friday that the UK central bank’s next move is going to be an increase in rates,...
Madison Square Garden to spin off live sports and entertainment business
Madison Square Garden Co is spinning off its live sports and entertainment businesses from its media business to create two publicly traded companies. The...
MPs slam FCA for breaking its own rules and creating a ‘false market’ for...
The Financial Conduct Authority (FCA) is being slammed by MPs for breaking its own rules and creating a 'false market' for insurers last year...
Lexmark acquiring management software firm Kofax Ltd for $1 billion
Lexmark International, Inc. is acquiring the customer management software firm Kofax Ltd.
Lexmark will buy all of the outstanding shares of Kofax for $11.00 per share,...
Blackstone buys “Times Square” office building in the City of London for £268.4 million
Blackstone Group LP has agreed to purchase an office building in the heart of London’s financial district, "Times Square", for £268.4 million from Land...