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News in City of London

City of London News
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JD Wetherspoon restores dividend after record profit
LEISURE RHIAN NICHOLSON PUB chain Wetherspoon today announced the end ...
Home Retail Group ups forecasts but Argos slumps
RETAIL JOHN DUNNE HOME retail Group – which owns Argos and Homebase – ...
Morrisons raises dividend after profits surge
CONSUMER JOHN DUNNE SUPERMARKET chain Morrisons saw a 21 per cent surg...
Plan for high-speed rail network revealed
The government outlined the likely shape of a future UK high-speed rail network wh...
HSBC admits that data theft hit up to 24,000 accounts
BANKING JOHN DUNNE HSBC has confirmed that a theft of data by a former...
John Lewis to give staff 15 per cent bonus
RETAIL JOHN DUNNE JOHN Lewis will hand its staff a 15 per cent bonus a...
Vessel port fees U-turn attacked
Shipping organisations say the cut in a proposed increase in the fees charged to vessels visiting British ports is too small to make a significant difference
11/03/2010 03:50 AM  
Heathrow sees 5.3% increase in traffic
Passenger numbers at Europe's busiest airport rose to 4.6m in February, the largest jump in two and a half years, in a sign that demand for travel could be returning as the economy improves
11/03/2010 03:33 AM  
CITY: KEN CLARKE FOR CHANCELLOR
POLITICS DAVID CROW KEN Clarke would make a better chancellor than George Osborne, according to our panel of City A.M. readers. Clarke, who held the job between 1993 and 1997 and is now...
11/03/2010 02:01 AM  
Banks told to prepare for gloom
BANKING MARK SHAPLAND UK banks have been ordered by the Financial Services Authority (FSA) to prepare for a double dip recession, another crash in house prices and a sharp increase in u...
11/03/2010 02:00 AM  
EU to look at a swaps ban
EU ECONOMY MARK SHAPLAND THE European Union has been asked by a group of Europe’s leading economies to look into banning speculative trading in credit default swaps (CDS). France and G...
11/03/2010 01:59 AM  
The City is not in love with Osborne
EDITOR'S LETTER Allister Heath ALLISTER HEATH SOMETHING has gone badly wrong for the Tories. Not only is their lead in the national opinion polls looking too low to prevent a hung...
11/03/2010 01:58 AM  
WHAT THE OTHER PAPERS SAY THIS MORNING
FINANCIAL TIMES SHINSEI IN CAPITAL DRIVE AS MERGER FALTERS Shinsei, the Japanese bank, is preparing to raise about Y75bn ($830m) in fresh capital as a merger with a rival domestic lender once seen ...
11/03/2010 01:57 AM  
MEPs want a Tobin tax
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EU ECONOMY MARK SHAPLAND MEMBERS of the European Parliament have taken the extraordinary step of voting in favour of a Tobin tax on financial transactions. The resolution was passed by ...
11/03/2010 01:56 AM  
Tory lead increases by a point
ELECTION2010 The Conservatives saw their lead return to 5 points yesterday, according to a daily YouGov poll. Labour support stayed the same on the day the chancellor confirmed the budget dat...
11/03/2010 01:55 AM  
Dubai creditors get repayment
Lenders to Dubai World will get a range of options including full repayment once Abu Dhabi decides how much additional support it will give its debt-laden neighbour, sources close to the discussion...
11/03/2010 01:54 AM  
Rules on pay disclosure to be tightened
BANKING VICTORIA BATES TENS of thousands of investment bankers could be forced to disclose the size of their pay packet, in a government move that will send shock waves through the City...
11/03/2010 01:54 AM  
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