Osborne will unveil pension reforms to allow annuity sales
According to reports, George Osborne will unveil plans to allow pensioners to cash in annuities in exchange for lump sums as part of next...
US wholesale prices drop for fourth straight month
Wholesale prices declined further in February for a fourth month straight. The drop was mainly due to a decline in food prices, even as...
Nigel Farage says NHS ‘incompetence and negligence’ nearly killed him
In his early 20s Nigel Farage, leader of the anti-EU party UKIP, said he was fobbed off by an NHS consultant about a swollen...
UK industrial output unexpectedly dropped in January
British industrial output dropped by a monthly 0.1 percent in January, according to official figures.
The drop was largely due to underperforming information technology and...
TSB confirms £1.7bn takeover bid by Spanish bank Sabadell
TSB announced that the Spanish bank Sabadell has approached the company for a £1.7bn takeover.
The news sent TSB shares soaring by more than 25%.
Less...
IMF approves $17.5 billion loan package for Ukraine
Ukraine has been approved a $17.5 billion loan package by the International Monetary Fund. The money will be pumped into the country to help...
Credit Suisse said to name Tidjane Thiam as new CEO
Credit Suisse is thought to replace Brady Dougan with Prudential Plc’s Tidjane Thiam as its new chief executive officer, according to a recent report.
Bloomberg...
Treasury sells another 1% stake in Lloyds, netting £500 million
The government completed its latest round of selling shares in the bailed-out Lloyds Banking Group, netting £500 million and reducing its stake in the...
Vodafone maternity leave for all female employees globally
British telecoms giant Vodafone Group plc said it will introduce a mandatory global minimum level of maternity leave, including 16 weeks on full pay,...
Ban Islamic radicals from working with kids unsupervised, Home Office
Among some of the UK Government's proposed measures to combat the growing threat from religious extremists, the Home Office is considering banning Islamic radicals from...