Investors in UK banks will be breathing a sigh of relief after the regulator lifted its ban on dividends. The Bank of England’s Prudential Regulation Authority (PRA) lent heavily on…
Category: Business
ALEX BRUMMER: Mind the UK output gap
The latest monthly output data tells us what we already know. When you allow often misleading health data to drive decisions on opening and closing down activity, confidence is battered…
Hot property! Airbnb shares DOUBLE on long-awaited market debut
Airbnb shares rocketed last night as the San Francisco-based company made its long-awaited debut on the US stock market. The technology firm, which allows 'hosts' to let out their properties…
US goes to war with Facebook: Lawsuit could break up social media firm
Eight years ago, Facebook boss Mark Zuckerberg emailed a colleague at the social network, musing about smaller competitors that were nipping at their heels. Photo-sharing apps Instagram and Path, as…
Advisers set for £835m fees windfall off LSE and Refinitiv mega-merger
Advisers working on the mega-merger between the London Stock Exchange and data provider Refinitiv are set to bag £835million in fees. Bankers, lawyers and brokers will all be flush with…
Applegreen soars after owners eye private move
The deal-making bonanza that has swept the London market over the last few weeks is showing no signs of slowing down. Petrol forecourt retailer Applegreen became the target of a…
Mike Ashley ready to pounce on Topshop AND Debenhams
Mike Ashley's Frasers Group has revealed it could still buy Arcadia brands such as Topshop as it attempts to mount a parallel rescue of Debenhams. The firm's finance chief, Chris…