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Malaysian prosecutors today dropped criminal charges against Goldman Sachs over $6.5bn in bond sales they helped organise for state fund 1MDB. → Read More
Bank of England rate-setter Michael Saunders said today it was “quite likely” more stimulus will be needed for the UK's economy. → Read More
The Treasury is set to reject a City plan for a new state-owned organisation that would refinance billions in emergency coronavirus loans → Read More
UK logistics groups have called for “urgent” meetings with ministers on Brexit border issues over fears the supply chain will be disrupted. → Read More
The CMA today said it was opening enforcement cases against four of the UK’s biggest housebuilders over suspicions of leasehold mis-selling. → Read More
Activity in the UK services sector increased at its fastest rate for over five years in August as the country recovered from the coronavirus lockdown. → Read More
Takeover specialist Melrose Industries said the Covid-19 crisis had pushed it to a £581m operating loss as it scrapped its interim dividend. → Read More
HSBC UK today said it was restricting its low-deposit mortgages to those switching rates after a surge in demand. → Read More
Switzerland’s financial supervisor has opened proceedings against Credit Suisse over a spying scandal that led to the ousting of its boss. → Read More
UK house prices surged to an all-time high last month as pent-up lockdown demand and Rishi Sunak’s stamp duty cut stimulated the market. → Read More
Spending in UK restaurants and fast food outlets was up 34.2 per cent on Mondays, Tuesdays and Wednesdays in August, during Eat Out to Help Out. → Read More
Barratt Developments today scrapped a special dividend payout as it reported a 45 per cent drop in pre-tax profit. → Read More
UK house prices recovered from a lockdown-inspired dip to hit an all-time high last month. → Read More
Environmental campaigners from protest group Extinction Rebellion blocked streets near Parliament today to campaign for new legislation on climate change. → Read More
UK mortgage lending accelerated in July, a latest sign of a post-lockdown bounce-back in the housing market, and consumers returned to borrowing, data from the Bank of England showed today. → Read More
Shares in over-50s insurance and travel business Saga rose today after it confirmed plans to raise £150m via an equity raise backed by its former chief executive. → Read More
Video-conferencing provider Zoom last night blasted through analyst revenue and earnings expectations for the second quarter as the coronavirus pandemic continued to drive demand for its services. → Read More
A troupe of soca dancers appeared in Piccadilly Circus today ahead of a virtual celebration of the Notting Hill carnival this weekend. → Read More
Shares in subprime loan business Amigo Holdings rose 14 per cent this morning after founder James Benamor last night called for investors to back his return to the company → Read More
Gatwick Airport today said it swung to a £321m loss in the first half of the year after the Covid-19 pandemic caused a 66 per cent plunge in passenger numbers. → Read More