Forex (FX): Definition, How to Trade Currencies, and Examples
What Is Forex (FX)? Forex (FX) refers to the global electronic marketplace for trading international currencies and currency derivatives. It has no central physical location, yet the forex market is t
Virgin Active: Billionaire owner of Richard Branson-founded gym chain eyes UK listing
The billionaire majority owner of Virgin Active is looking to list the business in the UK, according to reports. South African Christo Wiese owns the company private equity firm Brait, while Richard B
UK airport operator bought by Canadian pension fund for £1.5bn
An operator of UK airports has been bought by Canadian pension fund PSP, with the firm set to take over Glasgow, Aberdeen and Southampton airports in the £1.5bn deal. AviAlliance, a private airport o
FCA to reshape ‘name and shame’ policy following City backlash
The Financial Conduct Authority will “fundamentally reshape” its controversial 'name and shame' policy following backlash from the City.
Homebase sold in rescue deal to CDS but 2,000 jobs still at risk
Homebase has been sold in a rescue deal to retailer CDS in a move securing up to 1,600 jobs and 70 stores, administrator Teneo has said, but around 2,000 workers and 49 shops still remain at risk.
Motor finance: The legal battles are only just beginning
The legal troubles for banks and lenders may widen says a lawyer, following the success of the landmark Court of Appeal decision last month.
Retailers warn of ‘inevitable’ job losses and price rises after budget tax hikes
Retail bosses warned that they will be forced to hike prices and cut jobs due to the government’s tax hikes, as the sector braces for a substantial increase in employment costs. In a draft letter to