Chewing gum street clean-up should be funded by manufacturers, says LGA
Britain’s streets are plagued with discarded chewing gum. Cleaning it up should be partly-funded by chewing gum manufacturers, the Local Government Association (LGA), which...
Aviva and Friends Life talking about potential £5.6bn takeover deal
Aviva plc and Friends Life Group Limited are talking about a £5.6 billion merger agreement, the two companies have announced. If a fusion does...
Canada’s inflation up to 2.4 percent in October
Canada’s inflation rate surged to 2.4% annually in October from September’s 2%, partly driven by steep rises in shelter and food prices, Statistics Canada...
Royal Bank plans to cut workforce
Royal Bank of Canada (RBC) says it is overhauling its RBC Wealth Management division, a strategy which will lead to job losses. The company...
Network Rail gets crushing verdict from the Office of Rail Regulation
The UK’s Office of Rail Regulation (ORR) has criticized Network Rail for a string of shortcomings, and expressed concern at the reliability of some...
UK public sector borrowing fell 2.4 percent in October
UK public sector borrowing requirement, excluding state-owned banks, fell 2.4% in October to £7.706 billion, a £0.2 billion decrease compared to October 2013, offering Chancellor...
ECB ready to expand its asset-purchase programs, Draghi says
Mario Draghi, President of the European Central Bank (ECB) sent the strongest signal yet on Friday that he is ready to expand the central...
UK abandons EU bonus cap challenge
The UK government has decided to abandon its EU bonus challenge, with Chancellor of the Exchequer George Osborne saying the chances of a successful...
Dow and S&P 500 close at record highs as US economy outweighs slump in...
Stocks edged higher on Thursday, with the Dow and S&P 500 closing at new records. The increase was fueled by optimism that the U.S....
Wonga interim CEO leaves after just six months
Wonga.com, the trading name of WDFC UK Limited, says its interim CEO Tim Weller has stepped down just six months after taking over following...