Creditors approve Homebase rescue deal

Creditors approve Homebase rescue deal
HOMEBASE has won approval for a rescue deal which will lead to the closure of 42 of its 241 stores, with the loss of up to 1,500 jobs. Nearly 96 per cent of creditors backed an insolvency procedure known as a company voluntary...

Pound v euro: GBP/EUR exchange rate dips

Pound v euro: GBP/EUR exchange rate dips
The pound has suffered a minor loss against the euro today, with the decline being caused by potential fears about the Brexit process. Sterling is currently trading at €1.114 in the GBP/EUR exchange rate, which is down...

Pound v US dollar: Exchange rate holds above $1.3

Pound v US dollar: Exchange rate holds above $1.3
The pound to US dollar exchange rate has climbed around a cent and a half this week. While it has been unable to hold its best level of $1.303, it remains near its best levels since the beginning of August, currently trading...

Revolts at pay greed double

Revolts at pay greed double
INVESTORS turned up the heat on management at annual meetings this year as revolts over boardroom pay doubled. The number of pay resolutions at FTSE 100 firms where the level of dissent climbed above 20 per cent reached...