UK inflation dropped to 1.2% in September, lowest rate in five years
UK inflation dropped down to 1.2% in September from 1.5% in August, measured by the Consumer Price Index (CPI), according to the Office for National...
UK retail sales falls to a six year low
The warm weather across the UK last month reduced the number of shoppers buying winter clothing, which pushed retail sales to its lowest level in...
A Canadian Pacific and CSX Corp. merger would face heavy regulatory hurdles
The potential merger between Canadian Pacific Railway Ltd. and CSX Corp., two of North America’s leading railroad companies, has almost no prospect of going through...
Abigail Johnson appointed as new CEO of Fidelity Invesments
Abigail Johnson is the new chief executive officer of Fidelity Investments, a company that her grandfather created in 1946.
She spent over two decades working...
Monaco joins fight against tax dodgers
The Principality of Monaco, a known tax haven, delighted its larger European neighbors when it announced its commitment to fight tax dodgers after becoming...
UK income tax revenue will fail to meet government targets
The Office for Budget Responsibility has warned that the amount of income tax that the UK government will collect is not going to meet...
The UK’s stake in Eurostar will be sold off, Osborne announces
On Monday George Osborne will be announcing the UK government’s decision to sell 40% of its stake in Eurostar - the Channel tunnel train...
Chinese exports rose by 15.3 percent in September
Chinese exports in September rose by 15.3 percent from the year before - the biggest increase since February 2013. The country also experienced a...
Potential merger between Canadian Pacific Railway and CSX Corp
A potential merger between Canadian Pacific Railway Ltd and CSX Corp may be underway, with the Canadian railroad operator recently approaching CSX Corp with...
Giant bank crash scenario practice by US and UK regulators
British and American regulators are going to get together in a war room and imagine what would happen in the two economies if a...