Three City of London traders who are accused of manipulating markets by rigging Libor benchmark interest rates denied all the charges yesterday at Southwark Crown Court.
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Friday 15 June 2012
The Swiss central bank has called on Credit Suisse to stage a "marked increase" its capital levels this year in preparation for the potential worsening of the eurozone crisis.
Wednesday 13 June 2012
The man accused of Britain's biggest bank fraud was freed on bail in farcical scenes yesterday ahead of his trial which is due to start in September.
Thursday 24 May 2012
A much-hyped listing swiftly followed by the share price plummeting – sound familiar? As the fall-out from the Facebook IPO continues to rumble on, today marks the one-year anniversary of another debut that has not exactly lived up to expectations. After a massive float worth £37bn, official trading of shares in Glencore International began exactly 12 months ago. However, you could forgive those investors who got in at the start for not blowing out the candles on the cake with too much enthusiasm.
Friday 18 May 2012
London has seen a surge in building work in the past six months despite the UK's slide back into recession, as developers look to cash in on a shortage of office space.
Thursday 03 May 2012
UBS, the banking giant still reeling from an extraordinary rogue trading scandal, recorded another tumble in profits yesterday and said it was cautious about global markets.
Friday 27 April 2012
Is there light at the end of the tunnel for Weir Group? Events across the Atlantic have been knocking the pump manufacturer recently, prompting the stock to drop by around 25 per cent in just two months. Yesterday, however, the firm was attempting a rally amid claims the run of bad news is drawing to a close.
Thursday 26 April 2012
Could it be time for Kesa Electricals to bid arrivederci to Italy? Having recently managed to exit the UK by selling its struggling Comet chain for the nominal price of £2, yesterday the retailer was under pressure to get out of another European country.
Saturday 17 March 2012
George Osborne may want to hold off taking Stephen Hester's advice any time soon. The Royal Bank of Scotland (RBS) boss was piling the pressure on the Government earlier in the week to start selling down its stake in the bank, but yesterday the group closed near the top of the Footsie on claims the next year or two will see its share price soar.
Friday 02 March 2012
Punters may have been flocking back to Capita recently, but last night the brakes were put on the outsourcing giant's rally. The group – which had managed to add nearly 19 per cent over the previous six sessions – was left in the red after City scribblers warned there were still causes for concern.
Tuesday 28 February 2012
It has been 15 months since Marc Bolland unveiled his three-year plan for Marks & Spencer and – judging by the market's reaction – investors have hardly been blown away. Since the boss of the high street institution, who had started the job just six months earlier, announced an ambitious, £900m investment program in November 2010, its share price has dropped more than 10 per cent.
Friday 10 February 2012
British Land has opened the gap in London's skyscraper race as it forges ahead with its £1.1bn development programme in the capital, its chief executive, Chris Grigg, said yesterday.
Exclusive: Young people ‘want UK to stay in Europe’: Four in 10 adults aged 18 to 24 are ‘firmly in favour’ of membership, poll shows
Tom Daley ‘is gay because his father died’ says UK evangelist
Iain Duncan Smith leaves Commons food banks debate early
Kiss and yell: Italian protester charged with sexual assault after kissing riot police officer
PM denies two child limit for benefits is part of Tory welfare policy
Anachronistic and iniquitous, grammar schools are a blot on the British education system
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 3 Sun will 'flip upside down' within weeks, says Nasa
- 4 Christmas comes early: Justin Bieber is 'retiring from music'
- 5 Iain Duncan Smith leaves Commons food banks debate early