Business

Scottish entrepreneur Duncan Bannatyne is spending £50million to upgrade facilities at his chain of health clubs, hotels and spas. Daily Express :: City and Business Feed

Lloyd’s of London hires too many middle-class graduates and would be better off hiring school leavers like firms did in the “barrow boy” days, according to a senior executive. Daily Express :: City and Business Feed

CENTRICA’S venture capital division is to invest in smart homes manufacturer Carbon Dynamic as part of its drive to identify new technologies and firms that can improve its products and services. Daily Express :: City and Business Feed

BUSINESS airline BMI Regional is looking to capitalise on the demise of rivals Monarch, Air Berlin and Alitalia by launching new routes, chief commercial officer Jochen Schnadt says. Daily Express :: City and Business Feed

ROYAL Bank of Scotland chief executive Ross McEwan once remarked that he knew what he was in for when he took on the “toughest banking job in world”, but surely he could not have foreseen just how tough it would be. Daily Express :: City and Business Feed

THE pound is plummeting against the US dollar again this morning as markets remain cautious ahead of the Bank of England’s policy meeting next week. Daily Express :: City and Business Feed

GLOOM continues to weigh on the pound today, following yesterday’s poor retail sales data. Daily Express :: City and Business Feed

DEBENHAMS is to open gyms and beauty bars in its stores to boost sales after a sharp drop in annual profits. Daily Express :: City and Business Feed

ROYAL Bank of Scotland shares hit a 21-month high yesterday as it remained in the black for a third straight quarter for only the second time since the financial crisis. Daily Express :: City and Business Feed

The cost of childcare is consuming half of UK workers’ salaries while it is ‘impossible’ for single and low paid parents to pay for childcare AND a mortgage. Daily Express :: City and Business Feed