The Bank of England’s latest quarterly inflation report, published today, has revealed a much better outlook for the UK economy than its previous report in August.
The Bank increased its forecast for economic growth over the next two years predicting that gross domestic product (GDP) should rise above 4% early 2011 before slowing to 3% by [...]
Russia’s largest retail bank Sberbank is to reduce headcount by 25% – or 67,000 jobs by 2014.
However, around 27,000 of the jobs will be axed by the end of 2009, said the bank.
The bank, which is state-controlled, has been hit by the economic downturn and the cuts are part of a modernisation plan.
Denis Bugrov, [...]
European equities markets were mostly higher Wednesday, although Madrid’s IBEX-35 fell 0.11 percent to 11,801.4 on the session.
The FTSE 100 was up 0.69 percent to 5,266.75 in London, while the FTSE 250 added 1.16 percent to 9,226.58.
Information technology group Micro Focus International (LSE: MCRO) turned in the best performance by far in London as it [...]
Nearly three out of five Britons do not have a will, which is bad news for their families and good news for the Treasury
UK interest rates are set to stay low for longer into next year after the Bank of England today said inflation could undershoot its target
I am thinking of disposing of some of my shareholdings, but I am confused about capital gains tax
