Corporate Finance
Latest Corporate Finance News
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Foreign Exchange
Chinese Yuan

China’s ‘one-off’ devaluation is quickly followed by another

A day after China announced a "one-off depreciation" of the yuan's value against the dollar, the People's Bank of China stunned the world’s financial markets on Wednesday by devaluing their currency for a second consecutive day.

Chancellor offers a fairer deal for savers and little impact on sterling markets, say analysts

Analysts from foreign exchange and currency providers and pension and asset management specialists saw encouraging signs in George Osborne’s Autumn Statement, but remained cautious about the recovery.
Vladimir Putin

A rough ride for the rouble, but Putin remains in the driving seat

Russia’s Central Bank remained mute on Tuesday over whether it had stepped in to prop up the rouble after a tumultuous 48 hours for the currency.
Economic Background
London tech

More jobs and technology forecast for UK services sector

Business volumes in the UK's all-important services sector continued to improve in the three months to November, according to the latest survey from the CBI.
London offices

UK economy on course for 2.4 per cent growth

Official figures from the Office for National Statistics have confirmed that the UK's economy grew by 0.5 per cent in the quarter to September.
UK houses

UK house price rises 'tracking earnings growth' – Nationwide

The rate of growth in UK property prices slowed in November with values edging up by only 0.1 per cent on October, according to the latest survey from Nationwide.
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Pfizer pill

Pfizer's Irish move prompts questions in Washington

American politicians from both sides of the political divide rounded on Tuesday on Pfizer's $155 billion takeover of Ireland's Allergan to create the world's largest drugs company.
Central London

EU plan for ‘Robin Hood’ tax on financial sector wins Labour backing

The left-leaning new leadership of the UK's Labour Party has outlined plans to introduce a so-called 'Robin Hood' tax on international bank and stock market transactions should it win power in the 2020 elections.
US tax citizenship and dollars

Tax crackdown on US expats prompts rush to renounce citizenship

A record number of American expatriates renounced their citizenship in the first quarter of 2015 because of crackdown on foreign bank accounts by the US tax authorities, according to a CNBC report.
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Narendra Modi

Trade talks dominate Modi's visit to Britain

Indian premier Narendra Modi arrived in London on Thursday for a three-day visit that Prime Minister David Cameron has hailed as an opportunity to "make two of the greatest countries in the world even greater."
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