Eurozone

The Lux Group, parent company of luxury kitchen brand Smallbone, has won a £13m contract to supply bespoke luxury kitchens and bathrooms for at a prestigious new development in Manhattan, New York.  The $2 billion project at 50 West 66th Street in the Upper...

The planned £70m acquisition of British Steel by the Chinese steel manufacturing giant Jingye Group, which is set to safeguard thousands of jobs, has been welcomed by the Northern Powerhouse Partnership. The Official Receiver and Special Managers from EY confirmed yesterday (11 November 2019)...

The pound fell briefly to its lowest rate against the dollar in two years on Tuesday, as the two remaining Conservative Party leadership candidates appeared to spook the currency by refusing to rule out a no-deal departure from the EU in October. Sterling sank earlier in the day to $1.2396,...

Lloyds Banking Group has eased the anxiety of 23,000 Tesco Mortgage customers after they agreed to buy Tesco Bank’s mortgage book in a £3.8bn deal. The news that Tesco Bank was to abandon the mortgage market broke in late May...

News has just emerged that Secure Trust Bank Commercial Finance has funded an additional £1bn worth of customer invoices in the last year and in doing so, bringing its total amount lent in excess of £4bn. The Commercial Lending team is the commercially focused arm...