On Thursday, the amount of money borrowed for 10-year bonds, also known as gilts, rose to 4.7%, reaching the highest level twice seen since the…View More 10-year UK gilts are almost a 15-year high.
The Bank of England is closely watching the pace of wage growth at the basic wage, which has eased for the first time since January.…View More Payroll employment drops as wage growth eases.
The Derby-based aircraft engine manufacturer, Rolls-Royce Holding, is expected to announce more than 2,000 jobs as a part of company restructuring as early as Tuesday.…View More Rolls-Royce cut down 2,500 jobs in a restructuring drive.
Metro Bank has provided its rivals with a small window of opportunity to buy its substantial mortgage portfolio. Metro Bank has offered rivals like Barclays,…View More Metro Bank to seek bids of £3bn for mortgage book
As per the information gathered by Sky News, Fidelity International, which has 10% of the investment in the business, plans to vote against DBAY Advisor’s…View More Fidelity objects to the Finsbury Food bid.
Competing with Eurostar for cross-channel rail services, Evolyn has signed up for a deal for 16 trains to improve fares and destinations once it begins…View More Competing with Eurostar, Evolyn buys 12 trains before launching in 2025.
The London-listed windows and doors specialist, Safestyle, is considering the possibility of selling the company due to financial strains caused by the weakening UK housing…View More London-listed Safestyle is on sale.
Founders of Caius Capital, Antonio Batista, and William Douglas, entered into a hectic weekend of talks to strike a deal to keep Metro Bank trading…View More Caius Capital played a critical role in Metro Bank’s rescue.
Wilko, a 93-year-old retailer, entered into administration this August, with more than 12,500 employees being made redundant after entering into administration. The retailer will close…View More The last remaining stores of Wilko will close for good this weekend.
British Airways and its pilots’ union, BALPA, are on the verge of revealing a pay deal with bonuses included for a three-and-a-half-year period based on…View More To avert the threat of a strike, BA will reveal a three-year pilot pay deal.