News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

Jim Armitage: Schroders must tread with care when the time comes for its next generation

Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.

Shares fell as much as four per cent following the announcement of Justin King's departure

Sainsbury's chief Justin King to step down in July after 10 years

Justin King will be replaced by commercial director Mike Coupe at Sainsbury's

Yellow Pages bosses pay rose 70% as it collapsed

Yellow Pages owner Hibu hiked the pay of senior management while the loss-making company was missing loan repayments and heading for collapse

BHP Billiton sees record production but misses targets

New chief Andrew Mackenzie confident BHP Billiton can achieve 16% growth in two years

Unilever beats forecasts on emerging markets rebound

After battering global shares in consumer goods giants with a profit warning in October, Unilever, the company behind Dove soaps and Lipton iced teas, said there had been a considerable pick-up in countries like India and China.

Moss Bros hits eight-year high and hikes dividend after Christmas sales surge

Shares of Moss Bros soared to an eight-year high in London trading after the suit hire and retailer unexpectedly said it will boost its dividend.

Global stock markets surge in 2013 as confidence returns

Stock markets around the advanced world rebounded in 2013, despite outbreaks of investor nerves over the tapering of the US Federal Reserve’s monetary stimulus programme.

China’s economy will slow, but is still jolly fast

The thing we have to fear on the economy? Too much optimism

The worst is over, and predicted catastrophes in the US and EU have not come to pass. But there are still plenty of potential bumps in the road

Hamish McRae: Next year should be good for the UK and other economies, but can the markets continue to rise?

Economic View: The better the economy does, the quicker rates rise and the greater the pressure on shares

RSA shares crash as chief executive Simon Lee quits after third profit warning

Insurance giant warns its dividend could be cut again and its shares plummet

Sage hikes dividend as cloud business takes off

Investors cheered software firm Sage after the company announced plans to hiked its dividend and said it was on track to meet growth targets.

PricewaterhouseCoopers loses £18 million Unilever contract to rival KPMG

Unilever has announced plans to ditch PricewaterhouseCoopers after 27 years and is set to move its  £18 million a year audit to rival KPMG.

The Yellow Pages publisher's shares were suspended

Hibu shareholders condemn directors for pulling out of a grilling at meeting

Angry shareholders in the Yellow Pages publisher hibu have accused the directors of “deplorable” behaviour and cowardice for pulling out of a special general meeting, where they were set to face a grilling.

HP and boss Whitman to defend class action rule over Autonomy

Hewlett Packard and chief executive officer Meg Whitman will have to defend a class-action lawsuit over fraud allegations involving its British subsidiary, Autonomy, a US court has ruled.

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