More than five years ago, Tesco planted its flag firmly on US shores by launching the Fresh & Easy chain. Next week, Britain's largest supermarket owner is set to confirm that it is abandoning the venture, having sunk £1bn into its doomed transatlantic foray.
Showing posts with label financial crises. Show all posts
Showing posts with label financial crises. Show all posts
April 13, 2013
February 13, 2012
Barclays Bank profits fall 3% to £5.9bn
Barclays has reported a 3% fall in profits to £5.9bn for last year, hit by a slowdown at its investment bank arm.
December 20, 2011
Osborne confirms banks must ringfence retail banking
Chancellor George Osborne has backed most of the recommendations in the Vickers' banking report, including protecting retail banking from riskier investment activities.
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