The democratic drama unfolding in Greece this month is therefore a local matter. If Syriza rebels win power on January 25 and carry out threats to repudiate the EU-IMF Troika Memorandum from their “first day in office”, Greece alone will […]

Curious changes to Polyus’s shareholder register aside, the last trading session of 2014 was an uneventful one for the broader market. After falling heavily a day earlier amid worries about the weak oil price and Greece, the FTSE 100 stabilised […]

Hunter Kelly, joint administrator, said: “It is with regret that we have to announce substantial redundancies at City Link Limited, which ceased accepting new parcels on December 24, 2014. The company endured substantial losses, which ultimately became too great for […]

The past 12 months have seen the biggest accounting scandal in recent history, the demise of Phones 4u and another jump in house prices. But there were many other economic and corporate events that captured the world’s attention. Here are […]

The ruling marks a victory in the firm’s attempts to resolve apparent financial irregularities that prompted it to delay its results twice and suspend its shares for several months in 2013. It also means investors in ARMS – including the […]

Although Britain’s index of leading shares closed up 19.09 points, or 0.3pc, at 6,566.09 on Wednesday, it was not enough to stop the FTSE 100 from recording a decline of 2.7pc over 2014. The index lost about £46bn in value […]

Although Britain’s index of leading shares closed up 19.09 points, or 0.3pc, at 6,566.09 on Wednesday, it was not enough to stop the FTSE 100 from recording a decline of 2.7pc over 2014. The index lost about £46bn in value […]

Online gambling group Bwin.party has said it is close to selling its social gaming business, following a troubled year for the company. In a statement, Bwin said it was “in active discussions regarding the sale of Win, the Group’s social […]

Asda is Britain’s second–biggest food retailer and is the best performer of the “big four”, according to industry sales figures. However, sales for Tesco, Asda, Sainsbury’s and Morrisons are all falling as they battle fierce competition from the discounters and […]

VTB, another major Russian bank, received 100bn roubles from Moscow earlier this week, while the central bank pledged to loan mid-sized lender Trust bank up to $2.4bn (£1.5bn) the previous week. News of the cash injection came as Russia said […]