(MENAFN- ProactiveInvestors) Times
The new Boss of J is expected to cut the supermarket chain’s dividend and trim investment in new stores.
The independence of the CBI has been undermined because it received more than £800000 in funding from the European Commission over the past five years Business for Britain a eurosceptic lobby group has claimed.
will give further details of an important gas supply deal with Turkey this week among a raft of encouraging news from oil and gas companies working in the semi-autonomous region of Kurdish Iraq.
Daily Telegraph
’s prospects have been dealt yet another blow after the crisis-hit retailer relinquished its grip on the prized music games and video market in the run-up to the critical Christmas trading period.
Mark Carney is preparing to signal an end to the era of taxpayer-funded bank bail-outs declaring that the world’s financial institutions are no longer “too big to fail”.
Sir George Iacobescu the chief executive and engineer behind Canary Wharf is in line for a windfall of at least £3mln if the Docklands estate is taken over by the Qataris.
High net worth individuals across the globe are ploughing their millions into rare coloured diamonds as a stable “safe haven” asset class.
A group of financiers led by John van Kuffeler the former chairman of doorstep lending giant are attempting to raise a quarter of a billion pounds to establish a new alternative consumer finance venture that would be listed on the London stock exchange.
Specialist travel business Griffin Global has been sold to rival travel company ATPI for £120mln marking private equity firm Inflexion’s fourth sale of an investment this year.
Independent
The City watchdog is closing in on a deal that will see six banks paying around £1.5bn in fines over the role played by some of their traders in trying to fix London’s £3 trillion-a-day foreign exchange market.
Guardian
Chancellor George Osborne won more time to settle an outstanding and highly contested £1.7bn EU budget bill and went on to make a disputed claim that he had halved the money owed by factoring in Britain’s budget rebates in Europe.
A third of mortgage borrowers say they will struggle to meet their repayments if interest rates rise by two percentage points with those in the south-east most concerned about coping with an increase in their monthly loan bills according to ICM research.
The government must boost living standards for Britain’s working families with £7bn of tax cuts and childcare subsidies the CBI has urged.
Kurt Geiger will add a London flagship store early next year to its growing empire of shoe shops around the world following a jump in sales boosted by its Bond & Britton heels and Saffiano handbags.
Daily Mail
Fenwick the 132-year-old department store chain still owned by members of the Fenwick family is seeking new store sites as it unveiled its Alice in Wonderland-themed ‘Christmas window’ at its flagship store in Newcastle upon Tyne.
Insurers led by American giant AIG are set to pick up a bill of up to $50mln million for Virgin Galactic’s crashed spacecraft.
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