Tesco has sold Dobbies Garden Centres for £217 million
Tesco sold Dobbies Garden Centres for £217 million to a group of investors led by Midlothian Capital Partners and Hattington Capital.
The chain of garden...
UK retail sales surged in May, boosted by spending on clothing
Retail sales in the UK was better than expected last month, up 0.9% compared to April on increased spending on clothing.
Analysts expected retail sales...
National Grid should be broken up, say energy committee MPs
UK energy committee MPs are calling for the National Grid, the firm which runs Britain’s electricity system, to be split due to a potential...
US Federal Reserve decided against raising interest rates, lowered growth forecasts
The US Federal Reserve decided against increasing interest rates on Wednesday and officials downgraded their outlook on how much they expect to raise the...
UK’s EU referendum is stalling Chinese property investment
The UK’s EU referendum later this month appears to be stalling Chinese property investment.
A recent survey revealed that 51 percent of Chinese property investors...
Go-Ahead shares plunged after warning lacklustre profit margins
Go-Ahead shares dropped after the transport group warned of lacklustre profit margins for its Govia Thameslink Railway (GTR) train operating company – the UK’s...
UK property prices rose 8.2% in the year to April, average house costs £209,054
Property prices across the UK rose 8.2% in the year to April, with the average price rising to £209,054, up £16,000 from last year...
Libya seeking $1.2bn in damages from Goldman Sachs over bad investments
The Libyan Investment Authority is seeking $1.2bn (£840m) in damages from investment bank Goldman Sachs over allegations that the bank misled the government-managed sovereign...
Microsoft acquiring LinkedIn for $26.2 billion ($196 per share) in cash
Microsoft is acquiring LinkedIn for $26.2 billion ($196 per share) in cash – making it the tech giant’s biggest purchase ever.
The business-oriented social network...
David Cameron claims UK influence in the EU would be stronger if country votes...
Prime Minister David Cameron claims that the UK’s influence in the European Union will be stronger if the country votes to remain in the...