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
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'
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
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
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
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
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
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
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
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
British companies are beating the world in the bond market as investors bet the coalition Governments efforts to tame the budget deficit will preserve the UKs top credit rating
Categories: Business
Dearer bananas as Fyffes profits sink
Fyffes, Europes 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
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
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
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
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
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
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
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