Breaking News
Sainsbury reserves right not to proceed with formal bid for Home Retail
Sainsbury cautioned investors it might not go ahead with a formal bid for Home Retail Group.
UK services PMI falls to lowest since 2013, rate hike 'put to bed'
UK services activity declined much more than expected in February as economic growth slowed to its weakest for almost three years, according to Markit-CIPS data, leading economists to dismiss the possibility of a Bank of Interest rate rise in 2016.
Banks have not been stress-tested for impact of referendum, BoE's Cunliffe says
Debt levels in the UK were vulnerable to a ‘shock’ the Bank of England’s Jon Cunliffe said on Wednesday.
Major earthquake strikes off Indonesia
A major earthquake struck off the coast of Indonesia on Wednesday, off the west coast of the island of Sumatra, in the Indian Ocean.
US manufacturing activity edged higher in February, ISM says
Factory activity in the States continued to shrink slightly in February, albeit by less than economists had been expecting.