When Metro Bank prepared to launch in 2010 as the first new bank to appear on British high streets for over a century, its founders broke with convention by outsourcing the construction of its computer systems.
Tags: Britain
RWE to close gas unit sale to Russian tycoon by early March
German utility RWE will complete the sale of oil and gas unit DEA [RWEDE.UL] to Russian tycoon Mikhail Fridman by early March, it said on Friday, easing fears of a potential collapse.
Japan seeks to sell sub-hunting jet to UK as Abe pushes arms exports
Japan is asking Britain to buy its P-1 submarine-hunting jet in a deal that could top $1 billion, a major step in Prime Minister Shinzo Abe's push to arms exports after decades of self-imposed restrictions, people with knowledge of the proposal said.
UK, Greek election anxiety may see Brexit feed Grexit
British elections in May could arguably have as much impact on euro zone stability as this month's snap poll in Greece, making for an anxious period of up to six months for European investors.
Lion Capital sends letter to American Apparel urging it to explore options
The board of American Apparel Inc (APP.A) has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the situation said on Sunday.
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The owners of Urenco are testing the market to gauge investor interest in the uranium enrichment company, said Uwe Beckmeyer, parliamentary state secretary in the German economy and energy ministry.
U.S. Pfizer is unlikely to come back with a fresh bid for AstraZeneca, the Anglo-Swedish pharmaceuticals group's top executive was quoted as saying by Swedish business daily Dagens Industri on Saturday.
Destined to form models of the Burj Khalifa and Tokyo Tower, 90 million toy bricks will be used in new Legoland Parks in Dubai, Japan and Korea by 2017, building blocks in British operator Merlin's (MERL.L) expanding empire.
Asking prices for homes on sale in Britain posted the largest monthly fall on record in December but are likely to rise by between 4 and 5 percent next year, property website Rightmove said on Monday.
Hacking of computers at Belgian telecoms firm Belgacom, alleged to have been carried out by a British spy agency, was more far-reaching than previously thought and went undetected for more than two years, according to reports published on Saturday.
BP will cut hundreds of jobs across its global oil and gas business by the end of next year in a $1 billion restructuring program announced on Wednesday following steep falls in oil prices.
New Scotland Yard, the headquarters of London's storied police force and one of the British capital's most famous landmarks, has been sold to an Abu Dhabi investor, paving the way for its macabre but private museum to open to the public elsewhere.
British industrial output unexpectedly fell in October as manufacturing was dragged down by a sharp fall in production of electronic products following a strong September.
From his office on the 41st floor of the gleaming new European Central Bank headquarters, Mario Draghi's view stretches far beyond Frankfurt's high-rise financial center and he doesn't like what he sees.
