Posted by Reuters: Business News on December 22, 2011
LONDON (Reuters) – A reverend, a tiler, an academic, an environmental campaigner and a former investment banker are trading verbal blows in a bright, modern church hall in south London in December.
Posted by Reuters: Business News on November 18, 2011
LONDON (Reuters) – MF Global’s administrator KPMG has told the failed futures broker’s clients they will get back much-needed funds before it had finally settled all positions.
Posted by Reuters: Business News on November 9, 2011
LONDON (Reuters) – HSBC said costly new capital rules might force it to leave Britain, a threat it has made before, but which this time came with a bigger-than-expected fall in profit and a warning of “very challenging” conditions ahead.
Posted by Reuters: Business News on November 7, 2011
LONDON (Reuters) – U.S. electricals retailer Best Buy Co Inc will pay $1.3 billion to buy its British partner out of a fast-growing U.S. mobile phone venture, while abandoning plans for a chain of European megastores, it said on Monday
Posted by Reuters: Business News on October 7, 2011
LONDON (Reuters) – Credit rating agency Moody’s downgraded Britain’s part-nationalized banks Lloyds and Royal Bank of Scotland on Friday, although Britain’s finance minister said UK banks were well-placed to cope with a European debt crisis.
Posted by Reuters: Business News on September 21, 2011
LONDON (Reuters) – The outlook for the British economy is weakening so quickly that the Bank of England on Wednesday signaled it was ready to pump in more money, potentially as soon as October.
Posted by Reuters: Business News on September 12, 2011
LONDON (Reuters) – Britain’s banks face some of the world’s toughest regulations under reforms outlined on Monday, which require them to insulate their retail lending activities and store up billions in extra capital at a cost of up to 7 billion pounds ($11 billion).
Posted by Reuters: Business News on July 15, 2011
LONDON (Reuters) – Rebekah Brooks resigned as chief executive of News Corp’s British newspaper unit on Friday, yielding to political and investor pressure over a phone hacking scandal undermining Rupert Murdoch’s media empire on both sides of the Atlantic.
Posted by Reuters: Business News on July 5, 2011
LONDON (Reuters) – Train maker Bombardier is cutting more than 1,400 jobs at its plant in Derby, central England, after losing out to German group Siemens for supplying the Thameslink cross-London railway.
Posted by Reuters: Business News on March 30, 2011
NEW YORK/LONDON (Reuters) – Barclays Plc is considering moving its headquarters out of London as the cost of holding more capital threatens to make it less attractive than rival financial centers, people familiar with the matter said.
