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British economy remains in recession, figures show
London - The British economy remained in recession in the third quarter of this year, even though the decline in output was marginally lower than previously indicated, figures published Wednesday showed. The Office for National Statistics (ONS) said ...
[Posted on :
2009-11-25 ] Category : [
UK (Business) ]
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Lloyds bank provides details on massive rights issue
London - Lloyds Banking Group Tuesday set out details of its plan to raise 13.5 billion pounds (22.3 billion dollars) in finance from shareholders in what is the biggest rights issue in British banking history, the bank said. Lloyds is offering 36 bi...
[Posted on :
2009-11-24 ] Category : [
UK (Business) ]
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