Next buys Cath Kidston for £8.5m – resulting in job cuts
Next has paid £8.5m for struggling home furnishing retailer Cath Kidston in a move that will result in a number…
London closes higher as global markets calm after banking woes
Stocks recovered some ground on Monday as fears eased slightly over uncertainty in the banking sector. Barclays was among London’s…
UK stocks finish higher as banks, AstraZeneca climb
March 27 (Reuters) – London stocks rose on Monday with the FTSE 100 finishing nearly 1% higher as bank stocks…
Flutter to Put US Listing Plans to Shareholder Vote in April
FanDuel parent Flutter Entertainment (OTC: PDYPY) said that following a consultation with investors regarding the possibility of a secondary listing…
Deutsche Bank heads new rout for banking stocks on financial markets
Germany’s largest bank has become the focus in a new wave of selling across banking and wider financial stocks, less…
European bank shares are being clobbered by a cocktail of unease
It is another “risk off” day in the jargon for stock markets in Europe. Banking stocks, in particular, are falling…
Market jitters return as cost of insuring against Deutsche Bank collapse soars
Global stock markets picked up their losing streak again on Friday as bank shares started tanking after the cost of…
Bank of England ‘more optimistic’ UK can avoid recession as rates hiked again
The Bank of England’s boss has said he is more optimistic that the UK can avoid a recession after being…
FTSE 100 gains ahead of Bank of England meeting; Fed in focus
March 22 (Reuters) – London’s FTSE 100 rose on Wednesday after a wobbly start following data showing a surprise jump…