WorldRemit Ltd., an online money- transfer service that lets people send cash across the globe, raised $40 million from Accel Partners to help the company take on Western Union Co. and MoneyGram International Inc.
U.K. Chancellor of the Exchequer George Osborne said he has a strong field of male and female candidates to choose from among applicants to replace Charlie Bean as the Bank of England’s deputy governor.
Helene Rey made a side trip on her way to the hospital to give birth to her daughter in September 2006: She stopped off at the main office of London Business School, where she teaches economics, to turn in a report on a doctoral defense.
Martin Wheatley, who leads London’s top markets watchdog, says he wishes he could bike to and from his home in Greenwich, a borough along the Thames. He can’t because he’s lugging too much paperwork around.