Leaving EU bad for London’s future, warns Goldman Sachs boss Gary Cohn
Leaving the European Union would be bad for the future of London as Europe’s financial center, said Gary Cohn, President and Chief Operating Officer...
Osborne tells Eurozone to get its act together if it wants UK to stay...
Much of the Eurozone needs to get its act together if it wants the UK to stay in the European Union, Chancellor George Osborne...
Unemployed should be banned from driving to ease congestion, says UKIP candidate
UKIP general election candidate Lynton Yates says unemployed people should be banned from driving because there are too many traffic jams. Mr. Yates says...
Overall crime falls to record low, but violent crime up, England and Wales
Overall crime in England and Wales has fallen to record lows, but violent crime has increased, according to figures published on Thursday by the...
UK unemployment rate at six-year low, wages climbing up
The unemployment rate in the UK has dropped to six-year low and wages are climbing up, according to official data released on Wednesday.
The UK...
Uber raises $1.6 billion from Goldman Sachs
Uber, the app-based transportation network and taxi company headquartered in San Francisco, California, has raised $1.6 billion in convertible debt from Goldman Sachs' private...
American Express cutting 4,000 jobs this year
American Express Co will be cutting 4,000 jobs this year. The credit card company posted high quarterly expenses and provisions for bad loans, disappointing...
ECB proposes 1.1 trillion euro injection to tackle deflation
The European Central Bank President, Mario Draghi, has proposed a quantitative easing (QE) program based on monthly asset purchases of 50 billion euros until...
S&P faces year ban from the commercial mortgage backed securities market
Ratings agency Standard & Poor’s is facing a year-long ban from the commercial mortgage backed securities market because of misleading ratings it issued in...
BoE policymakers unanimous on holding rates, hawks become doves
January’s Minutes of the Bank of England’s Monetary Policy Committee (MPC) meeting showed that all nine members voted to keep rates on hold, leaving the...