Barclays was hit by a $108.5 million fine on Thursday as it allegedly worked with super-rich clients in a way that could have facilitated financial crime.» Read More
With government deficits in Britain second in Europe only to those in Greece, whoever wins Thursday’s general election will be forced to make deep and unpopular cuts, the New York Times reports.
Prudential shareholders may grudgingly acknowledge that the pursuit of exciting new opportunities in Asia is the right long term strategy. But in the short term they need convincing the big price tag for AIA and the delayed rights issue are the correct way of achieving that.
Simon Cowell, the man who made millions from being the front man of American Idol and the X-Factor, has intervened in the UK election race just 24 hours before Britain goes to the polls.
With two days to go before the UK election analysts at Bank of New York Mellon have found that David Cameron's opposition Conservative Party is ever more likely to form a majority government, albeit with a very small majority.
More than three quarters of business leaders think that a hung parliament will be bad for the UK economy, a survey commissioned by CNBC showed Tuesday.
The third and final TV debate between PM candidates is over but none of the three spoke about the hidden issue that will define the UK economy over the long term.
Yo, you speak Brooklyn? If you do, a couple of nice gentlemen may be interested in employing your services. They are willing to offer, how do you say, a "couple of clams."
Investors in UK bonds and securities are preparing to navigate unfamiliar territory, with the likelihood that the May 6 national election will not result in a clear winner.
The worst outcome for the UK election – a hung parliament – has already been priced in, and some analysts forecast the pound could appreciate by up to 15 percent after the May 6 vote.
In one of the most stunning turnarounds in British election history, the UK's third party, the Liberal Democrats, now lead opinion polls just two and a half weeks before we go to the vote.
With airports on lock-down due to the massive cloud of soot thrown up by an Icelandic volcano, Britain this morning woke up to headlines hailing Nick Clegg, the leader of the UK’s third party the Liberal Democrats, as the winner of the first US-style TV debate in history.
UK Prime Minister Gordon Brown told British voters Wednesday night that he was sorry for not imposing stiffer regulations on the City of London and banking industry in the UK when he was Chancellor of the Exchequer.
With opinion polls so tight, the three US-style TV debates, which will happen every Thursday until the UK goes to the polls, will be important. Whether they will be a game changer is open to question though.
Tower 42, the tallest occupied skyscraper in the City, will be put up for sale as booming prices return to London’s commercial property market.
More consolidation is on the way in the airline industry, Willie Walsh, the CEO of BA, told CNBC Thursday, as British Airways and Iberia confirmed their long-awaited merger.
David Cameron is struggling to convince a group of his own party election candidates of the merits of key Conservative policies.
It is in the interests of all parties to support a strong financial services sector, one that can provide the lending required by businesses and individuals to drive the economic recovery forward.
A new UK government should make dealing with the budget deficit and cutting spending its main priority immediately after the election, a CNBC survey of 300 business leaders showed Tuesday.
Doing business in India is more difficult than doing it in China, despite the recent spate of conflicts between Western companies and the Chinese authorities, Lord Peter Levene, chairman of Lloyd's Of London, told CNBC Wednesday.
Sterling is undervalued against the euro. Just about every trading desk that I talk to seems to think so. However, very few of them tell me that they will be willing to back the pound until the general election is over.