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Latest City news, markets, finance, economy, stocks and shares from the London Evening Standard
Updated: 7 min 34 sec ago

US jobless figures show triumph for private sector

15 hours 20 min ago
More than 50,000 jobs were lost in the US last month - around half the amount feared as private companies hired new staff
Categories: Business

British bosses 'lose confidence through the year'

18 hours 30 min ago
Confidence among British business leaders has slipped since the start of the year, with only 34% of senior executives "more confident" than they were in January

Categories: Business

Rising wheat prices sparks food inflation fears

18 hours 32 min ago
Wheat prices surged for a second consecutive day, raising fears of inflation for everything from the price of bread to meat
Categories: Business

Brussels set to form EU banking watchdog

18 hours 34 min ago
European agencies are on the verge of winning the ability to regulate the City in a major power grab by Brussels
Categories: Business

Ocado is due for the mid flight despite its float

18 hours 44 min ago
Ocado is set for promotion to the FTSE 250 index this month despite the online grocer's bungled flotation

Categories: Business

Southern stores lead the way for John Lewis

19 hours 28 min ago
Department store chain John Lewis, a bellwether for Middle England, is seeing its outlets in the south of the country perform much better than in the north
Categories: Business

Water find a washout for Soco International shares

19 hours 42 min ago
Shares in Soco International plunged by 9% as the oil explorer prepares to plug and abandon a well in the Democratic Republic of Congo after hitting water
Categories: Business

Capital & Regional sells St Andrews Quay Retail Park for £81.9m

20 hours 34 min ago
Property group Capital & Regional sells St Andrews Quay Retail Park in Hull for £81.9 million — slightly more than the £80.3 million it was valued at two months ago

Categories: Business

New blow to revival hopes as services sector falters

20 hours 38 min ago
Fears that the economic recovery has stalled were raised today by a "worrying" fall in activity in the key services sector
Categories: Business

Investors lift UK firms to top spot in bond market

21 hours 24 min ago
British companies are beating the world in the bond market as investors bet the coalition Government’s efforts to tame the budget deficit will preserve the UK’s top credit rating
Categories: Business

Drinking levels make steepest fall in 60 years

22 hours 19 min ago
Britain has seen its biggest fall in alcohol consumption in 60 years, according to new figures

Categories: Business

Dearer bananas as Fyffes profits sink

22 hours 19 min ago
Fyffes, Europe’s second largest banana importer, admits it is pushing up prices after pre-tax slumped 28.8% in the first half of the year
Categories: Business

Coca-Cola workers to go on strike in London

22 hours 26 min ago
Workers at a Coca-Cola factory are to launch a wave of 24-hour strikes from next week in a row over pay
Categories: Business

BP's Deepwater clean-up bill hits £5bn

22 hours 31 min ago
BP admits the cost of its Gulf of Mexico spill has risen by almost $2 billion in a month to $8billion (£5.2 billion)

Categories: Business

Asil Nadir must wait 13 months for trial after 17 years on run

22 hours 37 min ago
Asil Nadir appears in an Old Bailey dock after 17 years as a fugitive and is told he must wait 13 months for trial
Categories: Business

£90m Middle Eastern takeover for Carluccio's

Fri, 09/03/2010 - 02:26
Italian restaurant chain Carluccio's has agreed to a £90.3 million takeover by Middle Eastern retail giant Landmark Group
Categories: Business

400 London jobs to go at RBS as part of huge cull

Fri, 09/03/2010 - 01:22
Royal Bank of Scotland plans to axe nearly 400 jobs in London as it lays off another 3,500 staff nationwide
Categories: Business

Spice opts for £246m offer from Cinven in bid war

Fri, 09/03/2010 - 00:06
The bidding war for Spice, the support services firm that installs most of the UK's water meters, hotted up when it revealed that its private equity suitor Cinven was in talks about upping its bid to as much as £246 million

Categories: Business

Restaurant Group thrives as punters eat through crisis

Fri, 09/03/2010 - 00:04
Fear of the economic future isn't putting Britons off their beef chilli nachos or loaded-skin combos, the boss of The Restaurant Group said
Categories: Business

Hays 'close to pre-Lehman health' despite 80% plunge

Fri, 09/03/2010 - 00:00
Chief executive of City headhunter Hays says his firm has 'turned the corner'
Categories: Business
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