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Finance News

UK finance sector growing fastest 18.01.08

The UK banking and finance industry grew faster than all other industries in the decade leading up to 2006.

HSBC Investments appoints new chief executive 15.01.08

HSBC Investments has announced that Simeon Brown is to be given his chief executive role on a permanent basis.

UK financial director salaries on the rise 11.01.08

Salaries paid to financial directors and senior managers in the UK are on the increase, according to new research by the consultants Watson Wyatt.

January interest rate decision 'too tight to call' 09.01.08

January's interest rate decision has been deemed "an exceptionally tight call" by a leading expert.

Credit squeeze has given financial services 'a sharp shock' 08.01.08

The credit squeeze of recent months has given many financial services companies "a sharp shock", according to the CBI's chief economic adviser.

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Portugal home to world's first wave power station

The world's first commercial-scale wave power station has been installed three miles off the coast...

Dell CEO confident of growth above market

Michael Dell, chief executive officer at computer manufacturer Dell, has announced that his company...

British Energy sale completed 7 weeks late

The long, drawn-out sale of British Energy (BE) to EDF Energy has come to an end after the French...

New AIG CEO 'will announce sales list next week'

American International Group's (AIG) newest CEO Edward Liddy has announced that he expects a list...

Coal and nuclear will be here 'asap', says Hutton

The construction of nuclear and coal plants in the UK is ''vital'' to the long-term energy needs of...

Ashurst head named senior partner

Head of private equity firm Ashurst, Charlie Geffen, has been named the successor to Geoffrey...

Heathrow expansion 'announcement due November'

The approval of the controversial third runway at Heathrow is likely to be announced in November,...

Darling: 'We're better off without windfall tax'

Alistair Darling has given his speech at the Labour Party conference, commenting on the economy,...

Wolseley reports £150m profit

Builders' merchant and distributor Wolseley has reported pre-tax profits of £150 million - a...

Swedish giant makes offer for Eclipse

Swedish power giant Vattenfall has made a cash offer for Eclipse Energy, the developers of a 150MW...