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Monthly Archives: June 2017

Hundreds of bikers join Gorleston funeral procession

Motorbike riders from across the country joined a funeral procession for a couple who died in a crash.John Cooper, 58, and Sharon Cooper, 56,...

Blackstone lines up £6bn swoop on B&B loans

Blackstone, the New York-based private equity giant, is preparing to swallow another multibillion-pound portfolio of loans owned by bailed-out British banks with an offer...

Bank misses deadline for HBOS scam payouts

Lloyds Banking Group has offered £35,000 each to cover expenses for victims of the HBOS fraud scandal after missing a self-imposed end of June...

How our thirst for spending has cut savings

There were lots of nuggets about the state of the economy that have emerged and just about none of them are very encouraging. GDP growth...

Ron Dennis cuts McLaren ties with stake sale

Ron Dennis, the former boss of the McLaren automotive group, is to sever ties with the Formula One company after 37 years. The announcement of...

Markets in a spin as end to stimulus nears

It hasn't felt as panicked as it was during the eurozone crisis, five years ago, but this has been a choppy week for the...

Spending power in longest decline since 1970s

Household spending power is in its longest decline since the 1970s and the rate at which consumers are saving has fallen to a record...

Singapore makes news with Mergermarket swoop

A giant Singaporean state-backed fund is close to snapping up a big stake in Mergermarket Group in a deal that will value the subscription-based...

Dennis to sell McLaren shares in £275m deal

Ron Dennis, the former boss of the McLaren automotive group, is to sever his decades-long ties with the company with the sale of his...

Virtual reality car crash helps safer driving campaign

Virtual reality is giving young drivers first hand experience of a car crash, caused through being distracted by a mobile phone.The immersive experience, which...

Superdry owner rushes out results after 'theft'

The owner of the Superdry fashion chain has taken the rare step of releasing core figures from its annual results a week early, blaming...

Co-op Bank seeks top executive to aid revival

The US hedge funds preparing to assume near-full control of the Co-operative Bank have begun a search for a top executive to accelerate the...

Homebase-buyer Bunnings to create 1,000 jobs

The Australian DIY chain Bunnings says it will create over 1,000 new jobs in the UK after its parent firm bought the Homebase brand...