8 months 4 weeks ago

British lender Barclays Plc is all set to announce a sweeping restructuring plan that would likely cut thousands of jobs and shrink its investment arm.

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1 week 2 days ago

Many investors are concerned over Alibaba's IPO prospectus' warning that the Chinese e-commerce giant's lead founder and executive chairman Jack Ma might work against the e-commerce firm's best interests.

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9 months 7 hours ago

Royal Mail's chief executive officer Moya Greene will not get any pay increase this year, the postal company's remuneration committee has declared.

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9 months 7 hours ago

British maternity & baby products retailer Mothercare has refuted media reports that the group is suffering a heavy debt problem, which forced it to renegotiate loan terms with its lenders.

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1 week 2 days ago

E-commerce firm Alibaba's planned initial public offering (IPO) will limit Japan-based Softbank's voting rights, while the firm's founders will enjoy a greater control.

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9 months 9 hours ago

Labour leader Ed Miliband has pledged crackdown on "ghost homes" hoarded by wealthy investors and absentee owners across England.

Mr. Miliband said that tax would be imposed on all empty homes to discourage hoarding of homes by the wealth and absentee owners. He also promised that he would close loopholes that allow some people to avoid council tax on empty homes.

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9 months 9 hours ago

Concerned over soaring house prices across the UK, the Organisation for Economic Co-operation & Development (OECD) has urged the government to scale back its controversial "Help to Buy" scheme that allows people to buy a property with just a 5 per cent deposit.

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9 months 11 hours ago

Dixons Retail and Carphone Warehouse are reportedly all set to sign a merger agreement that would create one of UK's biggest high street groups.

Citing anonymous sources, Sky News has reported that Dixons and Carphone would likely make a statement outlining concrete details of their merger before a Takeover Panel cut-off date of May 19.

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