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The Confederation of British Industry (CBI) has predicted that the UK won't get the economic boost from the rise in tourist trade and sold memorabilia for the royal wedding of Prince William and Kate Middleton (which is today!) that the ...
Because employers have refused to honour the spirit of the royal wedding bank holiday, thousands of people are going to miss it while they are forced to work, including shop staff, office workers and nurses. This comes after businesses ...
Tesco has become the first general retailer to sell used used cars online with the launch of their Tesco Cars website (tescocars.com). This comes after the supermarket giant launched a tyre website in January, while it has also launched ...
According to reports, Barclays is one of a group of investors considering launching a rival bid against American International Group (AIG) for a portfolio of mortgage-backed securities owned by the Federal Reserve Bank of New York. However, the British-based ...
Before the earthquake and tsunami hit Japan on Friday, oil prices were increasing with no signs of stopping. However, the oil industry has been thrown for a loop since the disaster, which has caused damage to 2 of the ...
The Bank of England announced on Thursday that it will keep its record low interest rates with the reluctance to jeopardize the country's economic recovery. It's also hoped that the recent rise in inflation will be temporary. The bank has ...
Royal Bank of Scotland (RBS) has awarded its chief executive Stephen Hester with a £7.7 million pay package for 2010. For last year, RBS reported a loss of over £1 billion, while it's still 83% owned by the government.
The ...
By launching its first retail savings bond, John Lewis hopes to raise £50 million from its staff and customers. The department store chain, which is the largest by sales in the UK, already offers some financial services, like home ...
Whitbread, which is the largest hotel and restaurant group in the UK, has bought Coffee Nation for £59.5 million in a bid to get into the self-serve coffee bar market. The company, which owns Costa Coffee, as well as ...
HSBC Holdings, the British-based banking giant, has posted more than doubled profits, with results returning to levels from before the recession. Pretax profits for the group were £12 billion last year, whereas they were £4.4 billion the year before. ...
