London bankers' mighty pay has fallen from the highest level among global financial centers to the lowest, with Wall Street financiers grabbing the top spot, a poll showed on Sunday.
Riot police staged baton charges to try to disperse several hundred protesters gathered around the Bank of England in the heart of London's financial center on Wednesday after a day of protest against the G20 summit.
Five people suspected of planning to join protests against the G20 summit in London on Thursday have been arrested after weapons were found during a raid on a house in southwest England, police said on Monday.
Lloyd's of London, the specialist insurance market, said its profit halved in 2008 because of hefty hurricane losses and weaker investment returns.
On March 18, London stocks lowered following the announcement that unemployment has risen above the two million mark for the first time in over 10 years.
Top executives of leading U.S., Japanese and European banks will meet in London this month to discuss regulation and other issues key to the future of the financial system, two industry sources said.
On Friday evening a British Airways passenger jet with 72 people on board crash-landed at London City Airport. All passengers were evacuated to safety, the Associated Press reported.
London was immobilized Monday by the biggest snow storm to hit the city in 18 years, according to the Britain's Meteorological Office.
Amy Winehouse, currently on holiday in the Caribbean, was burgled in her north London apartment – where a set of valuable guitars and recording equipment were stolen, her spokesman said Friday.
On Friday British-based Lloyds TSB Bank agreed to pay a 350 million dollar penalty to settle an investigation for illegally authorizing access by Iran and Sudan in to the US financial system.
London based Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection on Monday after running out of money and failing to find a buyer.
Shares in business class-airline Silverjet were suspended on Friday by the London Stock Exchange.
RM Plc has said that the London Borough of Newham has chosen it to be the ICT supplier for its Building Schools for the Future (BSF) programme, which covers 15 schools in the borough.
Commodity Online
LONDON : As the world debates on the alternative sources of energy, here is yet another mode tidal energy.The world s first commercial scale 1.2MW tidal energy turbine S...
Commodity Online LONDON: Against the run of play, gold suffered its worst defeat in recent times as it tumbled to nearly six percent low on Wednesday.
Halifax has said that house price growth is continuing to slow, with prices in the UK falling by 0.3 per cent in February, according to its latest monthly survey.
Google eased to the top rank after being rated as number one brand in the UK leading the nation's other 500 brands.
Platinum soared to its 14th consecutive record high on Tuesday as investors continue to purchase the precious metal on persisting stockpile concerns from South Africa, the metals top producer.
The Competition Commission has said it may release a long awaited remedies report on the UK grocery market on Friday.
The London Organising Committee for the 2012 Olympic Games has announced British Airways as the fourth Tier One sponsor of the London Games.
Robusta coffee in London declined following a message from Brazilian Agriculture Ministry official that the nation's harvest may exceed the forecasted 41.3 million to 44.2 million bags.Robusta for March delivery declined $23, or 1.1 percent, to $2,024 a metric ton and traded at $2,034 by noon in London.Last year, Robusta used in espresso and instant coffee, gained 20 percent amid concerns that dry weather in Brazil might hurt the crops.However, cocoa for March delivery increase...
Oil halted a three-day slide to rise above $96 a barrel on Tuesday on expectations of a continuing drop in crude stocks in top consumer the United States and signs OPEC will not raise output.
