Business

NEW DATA has shown that UK retail sales slumped during October, but the pound to euro exchange rate has managed to hold above opening levels today. Daily Express :: City and Business Feed

THE City Pub Group is to step up expansion by raising £30 million from a float. Daily Express :: City and Business Feed

EUROPEAN Central Bank president Mario Draghi has praised reforms of European banks, seemingly ignoring warnings Italian financial firms may never recoup their bad debts. Daily Express :: City and Business Feed

CRYPTOCURRENCY Bitcoin is about to be hit the £6,000 mark despite failing £450 over the weekend, according to an analyst at US bank Goldman Sachs. Daily Express :: City and Business Feed

BITCOIN prices were hit with a slight dip after soaring past £5718.75 last week, but some experts are still confident bitcoin could reach £7625 per token. Daily Express :: City and Business Feed

UK CHALLENGER bank Aldermore has agreed to be taken over by South African financial services group FirstRand in a £1.1 billion deal. Daily Express :: City and Business Feed

THE London Stock Exchange insisted it has followed the “proper process” to replace its chief executive after a claim that Xavier Rolet is being forced out. Daily Express :: City and Business Feed

THE pound rallied against the US dollar yesterday evening, climbing over half a cent amid fears of possible delays to Trump’s long-awaited tax reforms. Daily Express :: City and Business Feed

THE Bank of England has drawn fire after spending more than £1,500 a day on a consultation into the use of animal fat in new bank notes. Daily Express :: City and Business Feed

DIRECT flights between Manchester and Beijing generated hundreds of millions of pounds for northern England’s economy in their first year of operation, according to research. Daily Express :: City and Business Feed