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In the world of blockbuster takeovers, Elon Musk’s $44 billion acquisition of Twitter is unprecedented for having almost every twist and turn play out in the op → Read More
Santander has become the latest City firm to be caught in a scandal over inappropriate behaviour after it hired a law firm to investigate a trip to a strip club → Read More
Zopa has turned a profit for the first time since becoming a bank in a milestone that takes the digital lender a step closer towards listing on the stock market → Read More
Investors took fright at soaring commodity prices and sent stock markets sharply lower yesterday because of concerns for the global economy after Russia’s inva → Read More
Why has the rouble plunged?The Russian currency markets are reeling after the West imposed an unprecedented set of sanctions on Moscow at the weekend in respons → Read More
When Standard Chartered held a board meeting in London this week before its annual results, not every director of the emerging markets-focused bank could make i → Read More
The digital-only bank Monzo will allow its employees to take three months’ paid leave as it joins a growing number of businesses that are overhauling their work → Read More
Britain’s benchmark share index has shrugged off a resurgence in Covid-19 cases to complete its biggest annual rise in five years.The FTSE 100 finished a → Read More
While some firms are embracing WFH, others are frustrated that staff have left the office once more → Read More
Why is inflation rising?The biggest driver that sent consumer price inflation to 4.2 per cent last month was soaring energy prices. Household electricity, gas a → Read More
Household wealth in Britain has suffered the biggest hit of that in any of the world’s major economies this year.Total wealth in the UK slid from $14.6 trillion (£11 billion) to about $13.7 trillion → Read More
Coronavirus measures A package to support individuals and businesses and other measures which, according to the chancellor, represents £30 billion of fiscal stimulus.It includes paying statutory sick → Read More
John Lewis is to sell make-up for men after a trial of male beauty products surpassed expectations. The department stores group will stock bronzer, concealer, foundation, powder and other products in → Read More
Worldpay has warned British shareholders that it would be too expensive for the payments giant to have a dual listing in London and New York once it completes the £7. → Read More
A supplier of pizzas, ready meals and desserts to Britain’s supermarkets is gearing up for a stock market float that could value it at more than £1bn. → Read More
Lloyds Banking Group will take another hit from payment protection insurance mis-selling this week, taking its bill for the scandal close to £18bn. → Read More
Two Britons who were former traders at Dutch firm Rabobank have had their US convictions for rigging the key financial benchmark Libor overturned by an American court. → Read More
A painful overhaul of Morgan Stanley’s bond business has borne fruit after the Wall Street giant weathered a downturn in fixed income markets and surpassed fierce rival Goldman Sachs’ trading revenues. → Read More
FirstGroup has been hit by the fallout from the implosion of Carillion after shareholders in the bus and transport operator rebelled against the board appointment of the building contractor’s former finance chief. → Read More
The Swedish bank that is challenging British lenders on the high street has shrugged-off the Brexit vote a year ago to hail its strongest ever profits in the UK. → Read More