8 months 3 weeks ago

A number of former executives of Barclays, including former chief executive officer Robert Diamond, will be questioned by the Serious Fraud Office (SFO) over a 2008 controversial bailout deal with Qatari investors.

Emerging reports suggest that the SFO has asked twelve former executives of Barclays to be questioned under caution.

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8 months 3 weeks ago

Hedge fund manager Crispin Odey has argued that British pay-TV firm British Sky Broadcasting's (BSkyB's) plan to takeover Sky Deutschland significantly "understates" the value of the German company.

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8 months 3 weeks ago

The Scottish economy continued to grow in April but the pace of growth slipped to slowest level to date this year, according to the Bank of Scotland purchasing managers' index (PMI).

The latest Bank of Scotland PMI revealed that growth in both services and manufacturing sectors but the pace of growth in output in the month under review fell from the previous three months of this year.

Hits: 12
1 week 2 days ago

Margaret Hodge, the chairperson of the Commons Public Accounts Committee, has urged online retailer Amazon to pay a "fair tax" on the business they operate in the UK.

Hits: 6
8 months 3 weeks ago

British shale gas explorer IGas has announced a £117.1 million deal to acquire the Australian prospector behind conflict-ridden plans to drill for coal-bed gas near Falkirk - Dart Energy.

The deal would create the UK's market-leading onshore group, which would have more than one million acres of the United Kingdom under licence.

Hits: 2
8 months 3 weeks ago

Building equipment maker JCB on Monday reported a decline of more than 14 per cent in annual earnings before tax, as slowdown in the construction industry hit sales.

Hits: 11
8 months 3 weeks ago

London is home to more billionaires than any other city of the world, the 2014 Sunday Times 'Rich List' has revealed.

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8 months 3 weeks ago

Amid ongoing political storm over Pfizer's potential takeover of British pharmaceuticals giant AstraZeneca, some analysts have pointed out that AstraZeneca is apparently not British.

Hits: 9
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