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Sir Philip Green sold British Home Stores to avoid huge pension bill, says regulator

SIR PHILIP GREEN sold British Home Stores to avoid liability for the pension scheme should the firm go bust, a regulator has said. Daily Express :: City and Business Feed  More...

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By admin On Wednesday, June 28th, 2017
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Bank of England orders lenders to hold another £11BILLION amid Brexit and economy risks

BANKS must hold another £11.4 billion across their balance sheets to protect themselves against a wide range of risks that could trigger another financial crisis, the Bank of England has confirmed today. Daily More...

By admin On Wednesday, June 28th, 2017
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Rio Tinto backs bid from Chinese-backed Yancoal for its coal mines

RIO Tinto has turned down an offer of $ 2.675million for its coal mines in Australia from FTSE 100 rival Glencore in favour of a bid from Chinese-backed Yancoal. Daily Express :: City and Business Feed  More...

By admin On Wednesday, June 28th, 2017
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Wetherspoon chief Tim Martin announces huge £13m expansion in Ireland

JD Wetherspoon has shrugged off Brexit concerns with a record single investment to continue its expansion in Ireland. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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Inflation and soaring temperatures deliver fastest supermarket sales growth for five years

SOARING temperatures and rising inflation have delivered the fastest growth in supermarket sales for more than five years. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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China’s huge debt bubble risk to Britain’s stability, warns Bank of England

BRITAIN could be dragged into a financial crisis if China’s huge debt bubble collapses, the Bank of England has warned. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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‘A grave mistake’ Germany FURIOUS as Italy allowed to break EU banking rules

GERMANY has lashed out at bureaucrats in Brussels after it allowed Italy to bend official rules, clearing Rome to pump billions of taxpayers’ cash into struggling banks. Daily Express :: City and Business More...

By admin On Tuesday, June 27th, 2017
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Holland & Barrett sold for £1.77bn to investment fund backed by Russian billionaire

HEALTH retailer Holland & Barrett is being bought for £1.77billion by an investment fund backed by the Russian billionaire Mikhail Fridman. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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UK OIL FOUND: Firm finds ‘significant’ reservoir in Weald Basin and North Sea delivers

UK oil and gas shares rose yesterday as the firm said it had found more oil in a ‘significant’ discovery. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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POUND LIVE: Pound pauses after DUP deal ahead of Queen’s Speech vote

THE pound opened flat after the Conservatives sealed a deal with the DUP and as markets await the crucial Queen’s Speech vote on Thursday. Daily Express :: City and Business Feed  More...

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