Business

A GERMAN finance boss has revealed European banks are already feeling the negative affects of Brexit and admitted “it will be no easy task” to recover from London’s departure. Daily Express :: City and Business Feed

THE pound began to reverse its recent losses against the euro this morning as the UK’s economy grew faster than expected over the summer. Daily Express :: City and Business Feed

Stronger than expected UK GDP growth means the Bank of England has no excuse not to raise interest rates next month, according to industry pundits.  Daily Express :: City and Business Feed

THIRTY cyber contestants had to be at the top of their game when Barclays and Cabinet Office-backed security initiative Cyber Security Challenge UK hosted the latest round of the competition recently. Daily Express :: City and Business Feed

BRITAIN’S financial watchdog has fined Merrill Lynch International £34.5million for failing to report 68.5 million exchange traded derivative transactions, in what the watchdog said was the first fine of its kind. Daily Express :: City and Business Feed

THE pound is beating a hasty retreat against the US dollar this morning as a Bank of England policymaker appeared to be apprehensive at the possibility of a rate hike next month. Daily Express :: City and Business Feed

DR MARTENS has notched up rising full-year sales and profits after the iconic footwear brand was boosted by its popularity in Asia. Daily Express :: City and Business Feed

SPIRE Healthcare, one of Britain’s biggest private hospital operators, rocketed after it confirmed that it rejected a takeover approach from South Africa’s Mediclinic. Daily Express :: City and Business Feed

THE number of banks in Europe has plummeted since 2008, with a quarter of institutions disappearing. Daily Express :: City and Business Feed

BRITISH business could be making a dangerous error if they decide to relocate to Luxembourg in a bid to stay within the European Union once the UK has left the bloc. Daily Express :: City and Business Feed