Business & Economy
LSBF News
Starbucks records first profit in the UK in 17 years
A profit was posted for the first time since Starbucks opened in Britain 17 years ago. The world’s largest coffee…
BT to buy mobile firm EE for £12.5bn
Telecoms group British Telecom will pay £12.5 billion to buy mobile operator EE. In a move that will create a…
UK businesses have started 2015 strongly, says report
British firms started the year off surprisingly well according to services PMI data from Markit. The UK’s economic recovery continues…
UK 2014 GDP registers fastest growth in seven years
Last year, the UK economy grew at its fastest pace since 2007, recording a GDP growth of 2.6 per cent.…
Telefonica in talks to sell O2 to Hutchison Whampoa for £10bn
Hutchison Whampoa enters talks to buy Telefonica-owned O2 for £10.25 billion. In a move that would create the UK’s biggest…
British financial sector registers fastest growth since 1996
The British financial sector recorded the fastest growth in Q4 of 2014 since 1996, reports CBI. Overall business volumes in…
UK economy set to expand at fastest rate since 2008, EY forecasts
Economic growth in 2015 in the UK looks set to hit a seven-year high, with rapid expansion expected. The UK’s…
UK investment in China to quadruple by 2020, says study
UK investment in China is set to quadruple over the next five years, according to King & Wood Mallesons study.…
UK economy can be world’s most prosperous by 2030, says Osborne
Chancellor George Osborne says that UK economy could be the richest economy in the world. As the UK recovery continues…
UK online sales surpass £100 billion mark for the first time
UK internet sales broke above the £100 billion level for the first time. Digital sales in the UK continue to…
Why the UK inflation rate is desirable
With inflation expectations at safe levels, it’s no surprise that many economies would like to have the UK’s inflation rate.…
UK businesses look overseas for acquisitions
British companies are taking the hunt for rival firms abroad. New figures from EY (Ernst & Young) showed that the…