Business

PRUDENTIAL is merging its UK asset management arm M&G with its UK and European insurance operations, fuelling speculation that the business could be spun out or sold. Daily Express :: City and Business Feed

THE US dollar lifted against the pound amid rising tensions between Donald Trump and North Korea and ahead of key US inflation figures. Daily Express :: City and Business Feed

A MIXED slew of UK data this morning is providing only soft support for the GBP/EUR exchange rate, which is currently trading up 0.2 per cent at €1.107. Daily Express :: City and Business Feed

INTERNET giant Amazon saw a 50 per cent fall in the amount of UK corporation tax it paid last year while it saw a 54 per cent increase in turnover in the same period. Daily Express :: City and Business Feed

TROUBLED lender the Co-operative Bank has narrowed half-year losses, but continued to shed banking customers and borrowers amid uncertainty ahead of its recent rescue deal. Daily Express :: City and Business Feed

THE pound remained on the back foot against the US dollar this morning as the UK released some disappointing trading figures. Daily Express :: City and Business Feed

THE eurozone has built up a dangerous addiction to debt, which is laid bare in a stark graph of the European Central Bank’s balance sheet. Daily Express :: City and Business Feed

GOLD prices have surged as investors rush to safeguard money amid heightened tensions between North Korea and Donald Trump. Daily Express :: City and Business Feed

CRÉMANT is the new cool fizz for summer according to supermarket giant Lidl which has seen its star turn. a £7.99 Crémant de Bourgogne Blanc, scoop the same international wines award as top dollar champagnes. Daily Express :: City and Business Feed

SLOWING life expectancy has boosted Legal & General as the insurer beat forecast half-year profits. Daily Express :: City and Business Feed