Sants Signed Off From Barclays For Stress

Former top City regulator Hector Sants who was brought in to oversee compliance at scandal-hit Barclays has been signed off work until the end of the year. He has been diagnosed with stress and exhaustion. Sir Hector will take a temporary leave of...

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Shutdown: Senate Inches Closer To Fiscal Deal

Senate leaders are closing in on an agreement to reopen the government and avert an economy-rattling default on federal debt. Senate Majority Leader Harry Reid, a Democrat, and his Republican counterpart, Mitch McConnell, have sounded an optimistic...

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Ireland Government Budget To Be Unveiled

By Vicki Hawthorne, Ireland Correspondent The Irish Government will present its annual budget this afternoon, just days after the Prime Minister Enda Kenny said the country would exit the EU bailout in December. The 2014 budget, billed as the final...

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Royal Mail: Value Climbs As Dealing Starts

Royal Mail's value continued to grow when full dealing began on the London Stock Exchange on Tuesday though some individuals expressed frustration they were unable to sell. Investors - lured by the promise of healthy dividends - sought out shares with...

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House Prices: Record High For The UK

UK house prices hit a new record high in August, largely driven by soaring demand across London and south east England, official figures show. The Office for National Statistics (ONS) recorded an increase of 3.8% in the 12 months to August 2013, up...

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Osborne Unveils China Currency And Bank Plan

By Mark Stone, China Correspondent in Beijing A 'groundbreaking' deal has been signed between the UK and China to allow London to become a global investment centre for Chinese currency. The joint deal was signed in Beijing by UK Chancellor George...

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Argos Launches Own-Brand Budget Tablet

High street chain Argos has launched its own brand of tablet computer in time for the busy festive shopping period. On sale from Wednesday, the 7-inch device called MyTablet, costs £99.99 and is available in pink or silver metal cases. It will run...

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Inflation Steady Despite Fuel Price Falls

Falling prices at the petrol pumps failed to offset higher than expected air fares as inflation remained steady in September. The Office for National Statistics said the Consumer Prices Index (CPI) measure remained at 2.7%, against expectations of a...

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Burberry Boss Angela Ahrendts To Join Apple

Burberry has shocked the market by confirming its respected chief executive Angela Ahrendts is to leave the luxury goods firm next year to join Apple. The company confirmed she would be replaced by chief creative officer Christopher Bailey by mid-2014...

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Royal Mail CEO Paves Way For Stamp Price Rise

By Mark Kleinman, City Editor The boss of Royal Mail appeared to pave the way for increases to the price of first-class stamps on Tuesday as the newly-privatised company's soaring shares valued it at nearly £5bn. In an interview with Sky News to...

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