City comment: They might look the same to economists, but a Coronation is a lot more fun than a train strike
Occupancy picked up steam in the post-Easter period
Some jobs could be lost in the deal, but Deutsche said these losses are “not expected to be material”.
However, investors may take confidence from elsewhere in Europe, as France and Italy both returned to growth
The number of days lost to sickness last year rocketed to 185.6 million
The UK’s 10.1% CPI figure in March compares with 6.9% in the eurozone and 5.0% in the US
Any cut in interest rates has been pushed further into the future after worse than expected UK inflation figures were published
Bread and cereals rose 19.4 per cent, while there were also big rises in the prices of fruit, chocolate and confectionery and meat
Today’s disappointingly small drop inflation sent economists scrambling to revise their forecasts
Zero growth in latest GDP figures casts a shadow on the economy
Headline CPI fell by more than expected, but more interest rate hikes are still likely
Sky-high inflation has made it tougher for businesses to pay their bills
City Comment: Inflation and the direction of interest rates remain great unknowns, but the signs are not good
Silvana Tenreyro has been one of the Monetary Policy Committee’s most consistently dovish members
Apollo had already submitted four previous bids, which Wood’s board say “undervalue the group”
The CEO of America’s biggest bank said the US Federal Reserve should take some of the blame for the sector’s recent troubles
City Comment: The huge influx of foreign money that flooded into London in the wake of Big Bang marked the start of a Golden Age for the capital
City Comment: OBR’s latest forecast of 2.9% inflation by the end of the year already looks in peril
Peel Hunt, Numis and WH Ireland all showed the stress they are under today
City comment: When you consider everything the economy has been through, what we have really isn’t such a bad result
“The economy may be stalling, but the capital’s firms are looking forward to the future”
City Comment: Jeremy Hunt has promised to come back with proposals in the Autumn Statement. You can’t help feeling that more urgency is required.
City Voices: A grand genture is needed from the Chancellor in the Autumn Statement
The announcement came as the bank announced it would raise interest rates to 4.25%
To hike or not to hike: the US central bank’s dilemma as interest rates bite into banks but its inflation fight is not yet over
Investors are looking ahead to a brace of potentially explosive interest rate decisions later in the week
The pension lifetime allowance abolished and the energy price guarantee extended, while draught beer duties will be frozen
Shares in the Swiss bank were halted from trading, as were Société Générale, Monte dei Paschi and UniCredit
Confidence in house prices, job security and business activity was strong, but poor sentiment remains on cost-of-living issues
“The Chancellor is going into this budget with very limited room for maneouvre, so we can’t go in with a huge shopping list,” CEO John Dickie said.
The clearing bank is the first confirmed bidder for the UK arm of the collapsed Silicon Valley Bank
The UK building sector had its worst month in almost a year, but there may be signs of greater resilience in the London housing market
42% of Londoners think they are underpaid, but only 30% will ask for more money, a survey has found
UKHospitality Chief Executive Kate Nicholls said that without these changes, some hospitality companies could go out of business
London exceeded all other regions in both the frequency of unpaid overtime and average unpaid hours
The amount of people aged between 16 and 24 who are not in employment, education or training was up to 11.5%
