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Challenger Bank Aldermore Targets 2014 Float

Written By Unknown on Senin, 16 Desember 2013 | 23.33

By Mark Kleinman, City Editor The challenger bank Aldermore is targeting a stock market listing within a year as it finalises a multimillion-pound fundraising to accelerate its expansion. Sky News has learnt that two blue-chip funds, Lansdowne...
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RSA Slumps Further Amid Downgrade Rumours

Shares in insurance giant RSA have fallen by a further 2.5% during early trading on Monday, amid rumours of a possible credit rating downgrade. The slump comes after its chief executive Simon Lee quit in wake of the company's Irish crisis, as well as...
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Miliband Threat To Councils On House Building

Communities who refuse to allow thousands of homes to be built on their doorsteps will have their views over-ridden under plans by Labour for more housing. Developers who hoard land would also be told to use it or lose it. Announcing a commission into...
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Inga Beale Becomes Lloyd's First Female CEO

Lloyd's of London, the world's biggest insurance market, has appointed a female boss for the first time in its 325-year history. Inga Beale, who has more than 30 years' experience in the industry, will take up the role in January, replacing the outgoing...
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Carrefour Plans £1.7bn Shopping Malls Deal

Carrefour has announced plans to buy 127 shopping centres across Europe in a €2bn (£1.69bn) deal. France's largest retailer, which already owns nearly 10,000 hypermarkets, supermarkets and convenience shops across the continent, has joined forces with...
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Virgin Money To Launch Current Account Trial

By Mark Kleinman, City Editor The banking arm of Sir Richard Branson's business empire will on Monday become the latest high street lender to begin an assault on Britain's lucrative current account market with the launch of a pilot among its 3000...
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Music Industry Worth £3.5bn To British Economy

The music industry is worth an annual £3.5bn to the British economy - much more than previously thought, a new report has revealed. Figures from UK Music, the trade body for the recorded and live music industry, show how much profit the sector makes...
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Young Entrepreneurs Set Up Shop In Britain

A new wave of young entrepreneurs behind innovative start-up businesses, including one which makes green energy from waste coffee, have arrived in the UK. Under the Government's Sirius scheme, graduates from across the world are given a 12-month support...
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Small Business: More Jobs As Confidence Soars

More than half of Britain's small businesses say they plan to expand in 2014 amid surging confidence in the economy. Some 56% of firms hope to grow moderately or rapidly in the next 12 months, according to the Federation of Small Businesses (FSB). ...
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France: Fears Of New Recession As Output Falls

Manufacturers in France say output has fallen to its lowest level for seven months, renewing fears of another recession in a country described as the "new sick man of Europe". The latest purchasing managers' index (PMI) figures reveal the rate of decline...
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