Business Blog

A successful offering would pave the way for others waiting to see the fallout from oil prices.

A successful offering would pave the way for others waiting to see the fallout from oil prices.

The price of Brent crude oil falls to a new five-and-a-half year low of $51.12 per barrel, its lowest level since March 2009.

House of Fraser and Waitrose have both reported strong sales over the key Christmas trading period.

Shares on London's main index closed lower for a third consecutive day on Tuesday as concerns about a sliding oil price and the eurozone crisis continued.

Clydesdale Bank chief executive David Thorburn has stepped down from his role, parent company National Australia Bank confirms.